SEC Form 4 · accession 0001209191-18-004637
SPECTRUM PHARMACEUTICALS INC · SPPI
Statement of changes in beneficial ownership, as filed. Original on EDGAR ↗
Reporting owner
Rajesh C Shrotriya M.D.
Director
Period of report
Jan 15, 2018
Accepted (ET)
Jan 19, 2018 · 6:05 pm EST
Rule 10b5-1 plan
unknown — predates the checkbox
Issuer CIK
0000831547
Table I — non-derivative securities
| Security | Date | Code | Shares | Price | A/D | Owned after | D/I | Nature of ownership |
|---|---|---|---|---|---|---|---|---|
| Common Stock, $0.001 par valueF1 | Jan 15, 2018 | A | 200,652 | $0.00 | A | 200,652 | D | |
| Common Stock, $0.001 par valueF3 | May 18, 2017 | G | 20,000 | $0.00 | D | 200,652 | D | |
| Common Stock, $0.001 par value | Aug 28, 2017 | G | 774 | $0.00 | D | 68,575 | I | By Shrotriya Family Foundation |
| Common Stock, $0.001 par value | Dec 22, 2017 | G | 1,431 | $0.00 | D | 67,144 | I | By Shrotriya Family Foundation |
| Common Stock, $0.001 par value | holding | — | — | — | 3,477,422 | I | By RS Irrevocable Trust | |
| Common Stock, $0.001 par value | holding | — | — | — | 498,894 | I | By CS Family Trust | |
| Common Stock, $0.001 par value | holding | — | — | — | 28,907 | I | By 401(k) | |
| Common Stock, $0.001 par value | holding | — | — | — | 40,000 | I | By ROTH IRA | |
| Common Stock, $0.001 par value | holding | — | — | — | 9,523 | I | By Spouse | |
| Common Stock, $0.001 par value | holding | — | — | — | 170,473 | I | By Shrotriya Gift Trust |
Table II — derivative securities
No Table II lines on this filing.
Explanation of responses
- F1Dr. Shrotriya may be deemed to have acquired beneficial ownership of the shares of common stock reported herein as a result of the determination by the Compensation Committee that applicable performance criteria have been satisfied pursuant to the terms of Dr. Shrotriya's award agreement. Pursuant to the terms of the award agreement, the actual issuance by the Company of the shares of common stock reported herein is subject to Dr. Shrotriya's having paid or satisfied in full the amount of all federal, state and local taxes applicable to his taxable income resulting from the grant or vesting of the award or the issuance of shares under the award agreement.
- F2This transaction involved a gift of securities by the reporting person to his two adult children and three grandchildren, who do not share the reporting person's household. The reporting person disclaims beneficial ownership of the shares held by his two children and three grandchildren, and this report should not be deemed an admission that the reporting person is the beneficial owner of his children or grandchildren's shares for purposes of Section 16 or any other purpose.
- F3The number of shares deemed beneficially owned directly following the 2017 gift transaction was not adjusted since the gift pre-dated the deemed acquisition of beneficial ownership of the 200,652 shares noted in Table 1, Line 1 of this Form 4.
- F4This transaction involved a gift of securities by the Shrotriya Family Foundation, a Nevada nonprofit corporation, to a nonprofit charitable organization. The reporting person has an indirect beneficial ownership, as a director and officer of the Shrotriya Family Foundation, a Nevada nonprofit corporation.