SEC Form 4 · accession 0000791908-16-000144
XOMA Royalty Corp · XOMA
Statement of changes in beneficial ownership, as filed. Original on EDGAR ↗
Reporting owner
W Denman Van Ness
Director
Period of report
May 28, 2016
Accepted (ET)
May 31, 2016 · 7:25 pm EDT
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 | May 28, 2016 | M | 3,150 | $0.00 | A | 91,350 | D | |
| Common SharesF2 | holding | — | — | — | 20 | I | by IRA | |
| Common SharesF3 | holding | — | — | — | 10 | I | by Spouse | |
| Common SharesF4 | holding | — | — | — | 2,600 | I | by Trust |
Table II — derivative securities
| Security | Conv. / exercise price | Date | Code | Shares | A/D | Exercisable | Expires | Underlying | Underlying shares | Owned after | D/I |
|---|---|---|---|---|---|---|---|---|---|---|---|
| Restricted Stock UnitsF1,F5 | $0.00 | May 28, 2016 | M | 3,150 | D | — | May 28, 2013 | Common Shares | 3,150 | 0 | D |
Explanation of responses
- F1Each restricted stock unit represents the right to receive, at settlement, one share of common stock. This nondiscretionary transaction represents the settlement of vested restricted stock units in shares of common stock.
- F2Owned directly through W. D. Van Ness IRA.
- F3Held indirectly through the C. Van Ness IRA.
- F4Shares owned directly by The Van Ness 1983 Revocable Trust.
- F5These restricted stock units are scheduled to vest in substantially equal installments annually over three years, with the first installment vesting on May 28, 2014.