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Summit Therapeutics Inc. — Director's Dealing 2025
May 2, 2025
30436_dirs_2025-05-01_54355a42-4cbd-416e-8e24-6e734ec43476.zip
Director's Dealing
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SEC Form 4 — Statement of Changes in Beneficial Ownership
Issuer: Summit Therapeutics Inc. (SMMT)
CIK: 0001599298
Period of Report: 2025-04-29
Reporting Person: Zanganeh Mahkam (Director, Co-Chief Executive Officer, 10% Owner)
Derivative Transactions
| Date | Security | Exercise Price | Code | Shares | A/D | Expiration | Underlying | Ownership |
|---|---|---|---|---|---|---|---|---|
| 2025-04-29 | Stock Option (right to buy) | $1.06 | A | 1040000 | Acquired | 2032-06-28 | Common Stock (1040000) | Direct |
| 2025-04-29 | Stock Option (right to buy) | $1.29 | A | 400000 | Acquired | 2032-09-09 | Common Stock (400000) | Direct |
| 2025-04-29 | Stock Option (right to buy) | $1.68 | A | 9590558 | Acquired | 2033-10-13 | Common Stock (9590558) | Direct |
Footnotes
F1: Effective April 29, 2025, these stock options were amended from performance-based stock options to time-based stock options. The shares underlying the option vest as follows: (i) 50% of such shares vested as of April 29, 2025, and (ii) the remaining 50% of such shares vest in three equal annual installments, with the first such installment occurring on October 13, 2025.
F2: Not applicable.
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