Karrels James 4
4 · MACROGENICS INC · Filed Feb 11, 2025
Insider Transaction Report
Form 4
MACROGENICS INCMGNX
Karrels James
SVP and CFO
Transactions
- Exercise/Conversion
Common Stock
2025-02-08+10,002→ 181,454 total - Tax Payment
Common Stock
2025-02-08$2.60/sh−3,861$10,039→ 177,593 total - Award
Employee Stock Option (right to buy)
2025-02-07+113,000→ 113,000 totalExercise: $2.60Exp: 2035-02-07→ Common Stock (113,000 underlying) - Exercise/Conversion
Restricted Stock Unit
2025-02-08−10,002→ 19,998 total→ Common Stock (10,002 underlying) - Award
Restricted Stock Unit
2025-02-07+19,000→ 19,000 total→ Common Stock (19,000 underlying)
Footnotes (4)
- [F1]On February 8, 2024 the reporting person was granted 30,000 restricted stock units, 33% of which vested on February 8, 2025 and 33% of which will vest each year thereafter. Restricted stock units convert into the Company's stock on a one-for-one basis.
- [F2]Owned jointly with reporting person's wife.
- [F3]12.5% of the shares underlying the grant become exercisable 6 months after the date of grant and an additional 6.25% of the shares underlying the grant become exercisable on the first day of each three-month period thereafter.
- [F4]Each restricted stock unit (RSU) represents a contingent right to receive one share of the Issuer's common stock. The RSUs will vest as to 33% of the total shares one year after the date of grant and 33% each year thereafter.