AI assistant
NEKTAR THERAPEUTICS — Director's Dealing 2017
Oct 4, 2017
32134_dirs_2017-10-03_b69068e3-72c0-47c0-9846-f2e76dc340d2.zip
Director's Dealing
Open in viewerOpens in your device viewer
SEC Form 4 — Statement of Changes in Beneficial Ownership
Issuer: NEKTAR THERAPEUTICS (NKTR)
CIK: 0000906709
Period of Report: 2017-09-29
Reporting Person: Gergel Ivan P. (SVP & Chief Medical Officer)
Non-Derivative Transactions
| Date | Security | Code | Shares | Price | A/D | Holdings After | Ownership |
|---|---|---|---|---|---|---|---|
| 2017-09-29 | Common Stock | M | 43296 | $11.04 | Acquired | 84871 | Direct |
| 2017-09-29 | Common Stock | S | 43296 | $24.04 | Disposed | 41575 | Direct |
| 2017-10-02 | Common Stock | M | 56704 | $11.04 | Acquired | 98279 | Direct |
| 2017-10-02 | Common Stock | S | 56704 | $24.21 | Disposed | 41575 | Direct |
Derivative Transactions
| Date | Security | Exercise Price | Code | Shares | A/D | Expiration | Underlying | Ownership |
|---|---|---|---|---|---|---|---|---|
| 2017-09-29 | Stock Option | $11.04 | M | 43296 | Disposed | 2022-05-18 | Common Stock (43296) | Direct |
| 2017-10-02 | Stock Option | $11.04 | M | 56704 | Disposed | 2022-05-18 | Common Stock (56704) | Direct |
Footnotes
F1: This transaction was made pursuant to a Rule 10b5-1 trading plan adopted by the reporting person.
F2: This transaction was executed in multiple trades at prices ranging from $24.04 to $24.06. The price reported above reflects the weighted average sale price. The reporting person hereby undertakes to provide full information regarding the number of shares and the prices at which the transactions were effected upon request to the SEC staff, the issuer, or a security holder of the issuer.
F3: This transaction was executed in multiple trades at prices ranging from $24.04 to $24.46. The price reported above reflects the weighted average sale price. The reporting person hereby undertakes to provide full information regarding the number of shares and the prices at which the transactions were effected upon request to the SEC staff, the issuer, or a security holder of the issuer.
F4: The stock option pursuant to this transaction vests as follows: 25% of the shares subject to the option vested on May 19, 2015 and the remaining 75% of the shares vest in equal monthly installments over the three-year period thereafter based on the Reporting Person's continuous service to the issuer.