AI assistant
Vir Biotechnology, Inc. — Director's Dealing 2020
Aug 21, 2020
32538_dirs_2020-08-21_ca405b48-ae5a-445f-a438-660dca2ab96f.zip
Director's Dealing
Open in viewerOpens in your device viewer
SEC Form 4 — Statement of Changes in Beneficial Ownership
Issuer: Vir Biotechnology, Inc. (VIR)
CIK: 0001706431
Period of Report: 2020-08-19
Reporting Person: Pang Phillip (Chief Medical Officer)
Non-Derivative Transactions
| Date | Security | Code | Shares | Price | A/D | Holdings After | Ownership |
|---|---|---|---|---|---|---|---|
| 2020-08-19 | Common Stock | M | 10185 | $1.575 | Acquired | 25962 | Direct |
| 2020-08-19 | Common Stock | M | 2315 | $5.175 | Acquired | 28277 | Direct |
| 2020-08-19 | Common Stock | M | 14000 | $0.855 | Acquired | 42277 | Direct |
| 2020-08-19 | Common Stock | S | 5000 | $50.9615 | Disposed | 37277 | Direct |
| 2020-08-19 | Common Stock | S | 7500 | $50.9397 | Disposed | 29777 | Direct |
Derivative Transactions
| Date | Security | Exercise Price | Code | Shares | A/D | Expiration | Underlying | Ownership |
|---|---|---|---|---|---|---|---|---|
| 2020-08-19 | Employee Stock Option (Right to Buy) | $1.575 | M | 10185 | Disposed | 2028-07-19 | Common Stock (10185) | Direct |
| 2020-08-19 | Employee Stock Option (Right to Buy) | $5.175 | M | 2315 | Disposed | 2029-03-11 | Common Stock (2315) | Direct |
| 2020-08-19 | Employee Stock Option (Right to Buy) | $0.855 | M | 14000 | Disposed | 2027-03-09 | Common Stock (14000) | Direct |
Footnotes
F1: The sales reported in this Form 4 were effected pursuant to a Rule 10b5-1 trading plan adopted by the reporting person on April 14, 2020.
F2: 1/4 of the shares subject to the stock option vested and became exercisable on July 19, 2019, and the remaining shares vest in 36 equal monthly installments thereafter.
F3: 1/4 of the shares subject to the stock option vested and became exercisable on March 11, 2020, and the remaining shares will vest in 36 equal monthly installments thereafter.
F4: The total number of shares remaining under this stock option has been adjusted by 50 shares to correct a typographical error that occurred in the reporting person's Form 4 filed July 2, 2020. The total number of shares remaining under this stock option following the transaction reported on July 2, 2020 was underreported by 50 shares.
F5: 1/4 of the 111,110 shares originally subject to the stock option vested and became exercisable on December 14, 2017, and the remaining shares vest in 36 equal monthly installments thereafter.