SEC Form 4/A · accession 0001019056-16-001561
Aptevo Therapeutics Inc. · APVO
Statement of changes in beneficial ownership, as filed. Original on EDGAR ↗
This is an amendment (Form 4/A). It replaces an earlier filing for the same period.
Reporting owner
Marvin L White
Officer — President and CEO · Director
Period of report
Aug 3, 2016
Accepted (ET)
Sep 27, 2016 · 3:45 pm EDT
Rule 10b5-1 plan
unknown — predates the checkbox
Issuer CIK
0001671584
Table I — non-derivative securities
| Security | Date | Code | Shares | Price | A/D | Owned after | D/I | Nature of ownership |
|---|---|---|---|---|---|---|---|---|
| Common StockF1 | holding | — | — | — | 12,861 | D |
Table II — derivative securities
| Security | Conv. / exercise price | Date | Code | Shares | A/D | Exercisable | Expires | Underlying | Underlying shares | Owned after | D/I |
|---|---|---|---|---|---|---|---|---|---|---|---|
| Stock Option (right to buy)F3,F2 | $2.94 | Aug 3, 2016 | A | 200,475 | A | — | Aug 3, 2026 | Common Stock | 200,475 | 236,118 | D |
| Restricted Stock UnitF4,F5 | — | holding | — | — | — | — | — | Common Stock | 89,115 | 89,115 | D |
Explanation of responses
- F1This report has been amended to reflect the number of shares received in a pro rata distribution by Emergent BioSolutions Inc. ("Emergent") as a result of the spin-off of the Issuer from Emergent, effective on August 1, 2016.
- F2The stock options were granted on August 3, 2016 and vest in three equal installments on August 3, 2017, August 3, 2018 and August 3, 2019.
- F3This report has been amended to reflect the 35,643 options that were originally issued by Emergent and, as a result of the spin-off of the Issuer from Emergent effective on August 1, 2016, were adjusted and assumed by the Issuer under its Converted Equity Awards Incentive Plan.
- F4This report has been amended to include the RSUs that were originally granted by Emergent and, as a result of the spin-off of the Issuer from Emergent effective on August 1, 2016, were adjusted and assumed by the Issuer under its Converted Equity Awards Incentive Plan.
- F517,828 of the Reporting Person's RSUs fully vest on May 22, 2017; and 71,287 of the Reporting Person's RSUs vest as follows: 35,643 on May 21, 2017 and 35,644 on May 21, 2018.