SEC Form 4 · accession 0001209191-17-053626
NEKTAR THERAPEUTICS · NKTR
Statement of changes in beneficial ownership, as filed. Original on EDGAR ↗
Reporting owner
Jeffrey Robert Ajer
Director
Period of report
Sep 19, 2017
Accepted (ET)
Sep 21, 2017 · 5:02 pm EDT
Rule 10b5-1 plan
unknown — predates the checkbox
Issuer CIK
0000906709
Table I — non-derivative securities
| Security | Date | Code | Shares | Price | A/D | Owned after | D/I | Nature of ownership |
|---|---|---|---|---|---|---|---|---|
| Common StockF1,F2 | Sep 19, 2017 | A | 13,500 | $0.00 | A | 13,500 | D | |
| Common StockF1,F3 | Sep 19, 2017 | A | 9,000 | $0.00 | A | 22,500 | D |
Table II — derivative securities
| Security | Conv. / exercise price | Date | Code | Shares | A/D | Exercisable | Expires | Underlying | Underlying shares | Owned after | D/I |
|---|---|---|---|---|---|---|---|---|---|---|---|
| Stock OptionF4 | $21.75 | Sep 19, 2017 | A | 33,750 | A | — | Sep 18, 2025 | Common Stock | 33,750 | 33,750 | D |
| Stock OptionF5 | $21.75 | Sep 19, 2017 | A | 22,500 | A | — | Sep 18, 2025 | Common Stock | 22,500 | 22,500 | D |
Explanation of responses
- F1This stock award was acquired pursuant to a grant of restricted stock units ("RSUs"). Each RSU represents a contingent right to receive, upon vesting of the unit, one share of the issuer's common stock.
- F2This restricted stock unit award vests over three years in equal annual installments beginning on September 19, 2017.
- F3This restricted stock unit award vests in full, one year following September 19, 2017.
- F4This stock option vests in equal monthly installments over the three-year period beginning on September 30, 2017.
- F5This stock option vests in equal monthly installments over the one-year period beginning on September 30, 2017.