SEC Form 4 · accession 0001190725-18-000037
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
Nov 15, 2018
Accepted (ET)
Nov 16, 2018 · 4:31 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 Shares | Nov 15, 2018 | M | 4,667 | $4.03 | A | 11,646 | D | |
| Common Shares | Nov 15, 2018 | M | 3,026 | $11.20 | A | 14,672 | D | |
| Common SharesF1 | Nov 15, 2018 | S | 5,528 | $12.67 | D | 9,144 | D | |
| Common SharesF2 | holding | — | — | — | 1 | I | by IRA | |
| Common SharesF3 | holding | — | — | — | 130 | 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)F4 | $4.03 | Nov 15, 2018 | M | 4,667 | D | — | Feb 10, 2027 | Common Shares | 4,667 | 3,333 | D |
| Non-Qualified Share Option (right to buy)F5 | $11.20 | Nov 15, 2018 | M | 3,026 | D | — | Jul 21, 2026 | Common Shares | 3,026 | 0 | D |
Explanation of responses
- F1Reflects the number of shares sold in connection with the cashless exercise.
- F2Owned directly through W. D. Van Ness IRA.
- F3Shares owned directly by The Van Ness 1983 Revocable Trust.
- F4Shares subject to this option shall vest in equal monthly installments over three years from the grant date.
- 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.