Home/Filings/4/0000899243-17-022831
4//SEC Filing

Giljohann David A 4

Accession 0000899243-17-022831

CIK 0001698530other

Filed

Sep 27, 8:00 PM ET

Accepted

Sep 28, 9:42 PM ET

Size

21.6 KB

Accession

0000899243-17-022831

Insider Transaction Report

Form 4
Period: 2017-09-26
Giljohann David A
DirectorChief Executive Officer
Transactions
  • Award

    Employee Stock Option (right to buy)

    2017-09-26+496,489496,489 total
    Exercise: $4.21Exp: 2027-01-04Common Stock (496,489 underlying)
  • Purchase

    Common Stock

    2017-09-26$3.00/sh+16,666$49,99816,666 total
  • Award

    Employee Stock Option (right to buy)

    2017-09-26+24,82424,824 total
    Exercise: $0.65From: 2016-11-20Exp: 2022-11-20Common Stock (24,824 underlying)
  • Award

    Employee Stock Option (right to buy)

    2017-09-26+24,82424,824 total
    Exercise: $0.65From: 2016-12-31Exp: 2022-12-31Common Stock (24,824 underlying)
  • Award

    Employee Stock Option (right to buy)

    2017-09-26+248,372248,372 total
    Exercise: $0.65Exp: 2024-01-29Common Stock (248,372 underlying)
  • Award

    Employee Stock Option (right to buy)

    2017-09-26+347,543347,543 total
    Exercise: $1.03Exp: 2025-04-28Common Stock (347,543 underlying)
  • Award

    Employee Stock Option (right to buy)

    2017-09-26+709,145709,145 total
    Exercise: $1.98Exp: 2025-11-24Common Stock (709,145 underlying)
Footnotes (6)
  • [F1]Pursuant to that certain Agreement and Plan of Merger and Reorganization (the "Merger Agreement"), dated as of September 26, 2017, by and among the Issuer then known as Max-1 Acquisition Corporation, Max-1 Acquisition Sub, Inc. and the corporation then known as Exicure, Inc. ("Exicure OpCo"), each outstanding share of Exicure OpCo capital stock (other than shares of Series C Preferred Stock of Exicure OpCo) was converted into 0.49649 shares of the Issuer's common stock (the "Conversion Ratio") and each outstanding share of Series C Preferred Stock of Exicure OpCo was converted into 0.7666652 shares of the Issuer's common stock (the "Series C Conversion Ratio").
  • [F2]Each option to purchase shares of Exicure OpCo outstanding and unexercised was assumed by the Issuer pursuant to the Merger Agreement and was converted into an option, subject to vesting, to purchase shares of common stock of the Issuer, with the number of shares of the Issuer's common stock underlying such option and the exercises price for such option adjusted to reflect the Conversion Ratio.
  • [F3]This option vested 25% on January 29, 2015, and the remaining 75% vests in 36 substantially equal monthly installments thereafter, subject to the Reporting Person's continued service with the Issuer and certain change of control provisions
  • [F4]This option vests in 48 substantially equal monthly installments from February 20, 2015, subject to the Reporting Person's continued service with the Issuer and certain change of control provisions
  • [F5]This option vests in 48 substantially equal monthly installments from November 24, 2015, subject to the Reporting Person's continued service with the Issuer and certain change of control provisions
  • [F6]This option vests in 48 substantially equal monthly installments from December 15, 2016, subject to the Reporting Person's continued service with the Issuer and certain change of control provisions

Issuer

Max-1 Acquisition Corp

CIK 0001698530

Entity typeother

Related Parties

1
  • filerCIK 0001697932

Filing Metadata

Form type
4
Filed
Sep 27, 8:00 PM ET
Accepted
Sep 28, 9:42 PM ET
Size
21.6 KB