SEC Form 4 · accession 0000791908-15-000004
XOMA Royalty Corp · XOMA
Statement of changes in beneficial ownership, as filed. Original on EDGAR ↗
Reporting owner
John Varian
Officer — CEO · Director
Period of report
Jan 15, 2015
Accepted (ET)
Jan 16, 2015 · 5:22 pm EST
Rule 10b5-1 plan
unknown — predates the checkbox
Issuer CIK
0000791908
Table I — non-derivative securities
| Security | Date | Code | Shares | Price | A/D | Owned after | D/I | Nature of ownership |
|---|---|---|---|---|---|---|---|---|
| Common SharesF1 | Jan 15, 2015 | M | 10,000 | $1.24 | A | 377,184 | D | |
| Common SharesF1,F2 | Jan 15, 2015 | S | 10,000 | $3.4582 | D | 367,184 | D | |
| Common Shares | holding | — | — | — | 15,537 | I | by 401(k) |
Table II — derivative securities
| Security | Conv. / exercise price | Date | Code | Shares | A/D | Exercisable | Expires | Underlying | Underlying shares | Owned after | D/I |
|---|---|---|---|---|---|---|---|---|---|---|---|
| Incentive Share Option (right to buy)F3 | $1.24 | Jan 15, 2015 | M | 10,000 | D | — | Jan 4, 2022 | Common Shares | 10,000 | 130,392 | D |
Explanation of responses
- F1This transaction was made pursuant to a Rule 10b5-1 trading plan adopted by the reporting person on November 12, 2014.
- F2This transaction was executed in multiple trades ranging at prices from $3.35 to $3.61.The price reported reflects the weighted average sale price. The reporting person hereby undertakes to provide upon request to the SEC staff, the Company or a security holder of the Company full information regarding the number of shares and prices at which the transactions were effected.
- F3Incentive Stock Option exercisable in conjunction with matching Non-Qualified Stock Option as to forty-eight (48) equal and consecutive monthly installments beginning one month after the date of grant.