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XBiotech Inc. — Director's Dealing 2016
Mar 22, 2016
34229_dirs_2016-03-22_92557fbb-2699-4252-92ab-840511e21b21.zip
Director's Dealing
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SEC Form 4 — Statement of Changes in Beneficial Ownership
Issuer: XBiotech Inc. (XBIT)
CIK: 0001626878
Period of Report: 2016-03-17
Reporting Person: SIMARD JOHN (Director, 10% Owner)
Non-Derivative Transactions
| Date | Security | Code | Shares | Price | A/D | Holdings After | Ownership |
|---|---|---|---|---|---|---|---|
| 2016-03-17 | Common Shares | O | 500000 | $10.00 | Disposed | 6153267 | Direct |
Derivative Transactions
| Date | Security | Exercise Price | Code | Shares | A/D | Expiration | Underlying | Ownership |
|---|---|---|---|---|---|---|---|---|
| 2016-03-17 | Option to sell | $10.00 | O | 500000 | Disposed | 2016-03-20 | Common Stock (500000) | Direct |
Footnotes
F1: On March 17, 2016, Thorpe McKenzie exercised his option to purchase 500,000 shares of the Reporting Person's common stock at a purchase price of $10 per share.
F2: On March 20, 2014, the Reporting Person sold to Thorpe McKenzie an option to purchase 500,000 shares of his common stock at a purchase price of $10 per share, which option is exercisable for a period of two years from the grant date.
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