Home/Filings/4/0001415889-24-014341
4//SEC Filing

Girao Tiago 4

Accession 0001415889-24-014341

CIK 0001785345other

Filed

May 22, 8:00 PM ET

Accepted

May 23, 5:45 PM ET

Size

10.5 KB

Accession

0001415889-24-014341

Insider Transaction Report

Form 4
Period: 2024-05-23
Girao Tiago
Director
Transactions
  • Disposition to Issuer

    Stock Option (right to buy)

    2024-05-231,8000 total
    Exercise: $3.30Common Stock (1,800 underlying)
  • Disposition to Issuer

    Stock Option (right to buy)

    2024-05-231,8000 total
    Exercise: $9.10Common Stock (1,800 underlying)
  • Disposition to Issuer

    Stock Option (right to buy)

    2024-05-231,8000 total
    Exercise: $6.40Common Stock (1,800 underlying)
Footnotes (1)
  • [F1]Pursuant to the terms of the Agreement and Plan of Merger, dated 3/24/2024 ("Merger Agmt"), by and among the Issuer, AbbVie Inc. ("Guarantor"), Bespin Subsidiary, LLC, a wholly owned subsidiary of Guarantor ("Parent") and Bespin Merger Sub, Inc. a wholly owned subsidiary of Parent, immediately prior to the effective time of the merger ("Effective Time"), this option was canceled and converted into the right to receive (a) a cash amount equal to (1) the number of shares underlying this option at the Effective Time multiplied by (2) an amount equal to (A) $20.42 less (B) the exercise price of this option, plus (b) one contractual contingent value right representing the right to receive a contingent payment of $11.14 in cash upon the achievement of a specified milestone as set forth in the Contingent Value Rights Agreement (as defined in the Merger Agmt), for each share underlying this option at the Effective Time, without interest and subject to any applicable withholding taxes.

Issuer

Landos Biopharma, Inc.

CIK 0001785345

Entity typeother

Related Parties

1
  • filerCIK 0001618670

Filing Metadata

Form type
4
Filed
May 22, 8:00 PM ET
Accepted
May 23, 5:45 PM ET
Size
10.5 KB