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4//SEC Filing

PERRY MATTHEW D 4

Accession 0000899243-21-011372

CIK 0000891293other

Filed

Mar 11, 7:00 PM ET

Accepted

Mar 12, 6:50 PM ET

Size

6.3 KB

Accession

0000899243-21-011372

Insider Transaction Report

Form 4
Period: 2021-03-10
PERRY MATTHEW D
DirectorOther
Transactions
  • Award

    Stock Option (right to buy)

    2021-03-10+80,00080,000 total
    Exercise: $3.30Exp: 2031-03-10Common Stock (80,000 underlying)
Footnotes (2)
  • [F1]This stock option was granted on March 10, 2021 and vests on the first to occur of (i) the date that is twelve months after the date of grant, and (ii) immediately prior to the first annual meeting of the Company's stockholders in 2022 at which one or more members of the Company's Board of Directors are to be elected, subject to the Reporting Person's continued service through such date or event. The stock option is subject to stockholder approval of an increase in the share reserve under the Company's 2017 Equity Incentive Plan, which approval must occur within one year from the grant date.
  • [F2]The reporting person is a member of BVF Partners L.P. ("BVF") and is obligated to transfer the economic benefit, if any, received upon the sale of the shares issuable upon exercise of the equity grants to BVF. As such, the Reporting Person disclaims beneficial ownership of the securities reported herein for purposes of Section 16 of the Securities Exchange Act of 1934, as amended, except to the extent of his pecuniary interest therein, if any.

Issuer

CTI BIOPHARMA CORP

CIK 0000891293

Entity typeother

Related Parties

1
  • filerCIK 0001454337

Filing Metadata

Form type
4
Filed
Mar 11, 7:00 PM ET
Accepted
Mar 12, 6:50 PM ET
Size
6.3 KB