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MACROGENICS INC — Director's Dealing 2023
Jun 2, 2023
34129_dirs_2023-06-02_f0310af0-0b5b-41b0-99e2-d129e52564d7.zip
Director's Dealing
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SEC Form 4 — Statement of Changes in Beneficial Ownership
Issuer: MACROGENICS INC (MGNX)
CIK: 0001125345
Period of Report: 2023-05-31
Reporting Person: Chhabra Meenu (Director)
Derivative Transactions
| Date | Security | Exercise Price | Code | Shares | A/D | Expiration | Underlying | Ownership |
|---|---|---|---|---|---|---|---|---|
| 2023-05-31 | Restricted Stock Unit | $0 | A | 4500 | Acquired | Common Stock (4500) | Direct | |
| 2023-05-31 | Stock Option (right to buy) | $4.67 | A | 15759 | Acquired | 2033-05-31 | Common Stock (15759) | Direct |
| 2023-05-31 | Stock Option (right to buy) | $4.67 | A | 19000 | Acquired | 2033-05-31 | Common Stock (19000) | Direct |
Footnotes
F1: Each restricted stock unit (RSU) represents a contingent right to receive one share of the Issuer?s Common Stock. The RSU grant was approved by the Issuer?s Board of Directors on May 31, 2023 and will be effective as of the date the Issuer has an effective Registration Statement on Form S-8 registering the shares available for issuance under the 2023 Equity Incentive Plan.
F2: The RSUs will vest one year after the date of grant, or the day prior to the next annual meeting, if earlier
F3: The option will vest and become exercisable in monthly, cumulative 1/12th increments (rounded upwards for whole shares) beginning one month from the date of grant.
F4: At the election of the filing person, the option grant is issued in lieu of direct cash compensation of such person's annual retainer through the Company's non-employee director compensation program and will vest and become exercisable in monthly, cumulative 1/12th increments (rounded upwards to whole shares) beginning one month from the date of grant.