Home/Filings/4/0001209191-20-060358
4//SEC Filing

Forster Eliot 4

Accession 0001209191-20-060358

CIK 0001566373other

Filed

Nov 23, 7:00 PM ET

Accepted

Nov 24, 7:09 PM ET

Size

10.9 KB

Accession

0001209191-20-060358

Insider Transaction Report

Form 4
Period: 2020-11-20
Forster Eliot
DirectorPresident and CEO
Transactions
  • Award

    Stock Option (right to buy)

    2020-11-20+228,375228,375 total
    Exercise: $0.08Exp: 2030-07-01Common Stock (228,375 underlying)
  • Award

    Common Stock

    2020-11-20+18,56018,560 total
  • Award

    Stock Option (right to buy)

    2020-11-20+32,60232,602 total
    Exercise: $0.08Exp: 2028-10-01Common Stock (32,602 underlying)
Footnotes (5)
  • [F1]Represents shares of common stock of F-star Therapeutics, Inc. (formerly Spring Bank Pharmaceuticals, Inc.) (the "Issuer") issued by the Issuer in the share exchange transaction that was completed on November 20, 2020 pursuant to the Share Exchange Agreement, dated as of July 29, 2020, by and among the Issuer, F-star Therapeutics Limited ("F-star") and the holders of F-star shares, options, RSUs, and notes convertible into F-star shares.
  • [F2]This exercise price was originally in Pound Sterling and converted to U.S. Dollars using a conversion price of 0.844 according to Thomson Reuters.
  • [F3]This option was issued in replacement of an option to purchase shares of F-star Therapeutics Limited.
  • [F4]So long as Participant remains continuously a Service Provider 28% of the total number of Shares under Award shall vest on the first anniversary of the Vesting Commencement Date, October 1, 2018, and 2% of the total number of Shares under Award shall vest monthly thereafter.
  • [F5]Twenty-five per cent (25%) of the total number of Shares under Award shall vest on the first anniversary of the Vesting Commencement Date, July 1, 2020, and two and one twelfth per cent (2.083%) of the total number of Shares under Award shall vest monthly thereafter, provided in each case that the Participant remains a Service Provider continuously from the Vesting Commencement Date to the relevant date.

Issuer

F-star Therapeutics, Inc.

CIK 0001566373

Entity typeother

Related Parties

1
  • filerCIK 0001831558

Filing Metadata

Form type
4
Filed
Nov 23, 7:00 PM ET
Accepted
Nov 24, 7:09 PM ET
Size
10.9 KB