SIMARD JOHN 4
4 · XBiotech Inc. · Filed Feb 4, 2025
Insider Transaction Report
Form 4
XBiotech Inc.XBIT
SIMARD JOHN
DirectorChief Executive Officer10% Owner
Transactions
- Other
Convertible Loan Agreement
2025-01-31$10000000.00/sh−2,470,355$24,703,550,000,000→ 870,381 totalExercise: $4.05From: 2024-01-03Exp: 2029-01-03→ Common Shares or Preferred Shares (2,470,335 underlying)
Footnotes (1)
- [F1]On January 31, 2025, the Convertible Loan Agreement (the "Loan") dated as of January 3, 2024 between XBiotech Inc. and John Simard, the Company's Founder, President, Chief Executive Officer, and Chairman, was terminated upon full repayment of the Loan by the Company. As a result, all conversion rights to XBiotech stock associated with the Loan were extinguished.