SEC Form 4 · accession 0000791908-16-000154
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
Jul 21, 2016
Accepted (ET)
Aug 2, 2016 · 7:22 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 | Jul 21, 2016 | A | 48,246 | $0.00 | A | 139,596 | 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 |
|---|---|---|---|---|---|---|---|---|---|---|---|
| Non-Qualified Share Option (right to buy)F5 | $0.5599 | Jul 21, 2016 | A | 60,532 | A | — | Jul 21, 2026 | Common Shares | 60,532 | 60,532 | D |
Explanation of responses
- F1These shares were acquired pursuant to a grant of restricted stock units under the Amended and Restated XOMA Corporation 2010 Long Term Incentive and Stock Award Plan and are scheduled to vest in full one year after the grant date.
- 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.
- F5This option is exercisable in twelve equal monthly installments, beginning one month from the vest start date, which is the same as the grant date.