NantKwest, Inc. 4
4 · NantKwest, Inc. · Filed Sep 27, 2016
Insider Transaction Report
Form 4
Tajak Richard J.
Chief Financial Officer
Transactions
- Exercise/Conversion
Restricted Stock Units
2016-09-23−5,000→ 10,000 total→ Common Stock (5,000 underlying) - Exercise/Conversion
Common Stock
2016-09-23+5,000→ 8,292 total - Tax Payment
Common Stock
2016-09-23$7.91/sh−1,717$13,581→ 6,575 total
Footnotes (2)
- [F1]Each restricted stock unit ("RSU") represents a contingent right to receive one share of NantKwest, Inc. common stock.
- [F2]Subject to the reporting person's continuing to be a Service Provider (as defined in the 2015 Equity Incentive Plan) through each applicable vesting date, the restricted stock units ("RSUs") will vest as follows: 1/4th of the RSUs subject to the award shall vest 3 months following the vesting commencement date on the same day of the month as the vesting commencement date, and 1/4th of the RSUs subject to the award shall vest every 3 months thereafter on the same day of the month as the vesting commencement date such that the award shall be fully vested on March 23, 2017. The vesting commencement date for this award is March 23, 2016.