4//SEC Filing
Diaz Luis 4
Accession 0001640455-23-000106
CIK 0001640455other
Filed
May 3, 8:00 PM ET
Accepted
May 4, 7:43 AM ET
Size
16.8 KB
Accession
0001640455-23-000106
Insider Transaction Report
Form 4
Diaz Luis
Director
Transactions
- Disposition to Issuer
Stock Option (Right to Buy)
2023-05-03−15,700→ 0 totalExercise: $7.27→ Common Stock (15,700 underlying) - Disposition to Issuer
Stock Option (Right to Buy)
2023-05-03−27,100→ 0 totalExercise: $14.78→ Common Stock (27,100 underlying) - Disposition to Issuer
Stock Option (Right to Buy)
2023-05-03−15,700→ 0 totalExercise: $4.46→ Common Stock (15,700 underlying) - Disposition to Issuer
Stock Option (Right to Buy)
2023-05-03−15,700→ 0 totalExercise: $7.58→ Common Stock (15,700 underlying) - Disposition to Issuer
Stock Option (Right to Buy)
2023-05-03−10,163→ 0 totalExercise: $7.92→ Common Stock (10,163 underlying) - Disposition to Issuer
Stock Option (Right to Buy)
2023-05-03−20,000→ 0 totalExercise: $2.80→ Common Stock (20,000 underlying)
Footnotes (2)
- [F1]This Form 4 reports securities disposed of pursuant to the terms of the Merger Agreement entered into by and among the Issuer, Concentra Biosciences, LLC ("Parent") and Concentra Merger Sub, Inc., a direct and wholly-owned subsidiary of Parent ("Merger Sub"), dated as of March 26, 2023 (the "Merger Agreement"), pursuant to which Merger Sub completed a tender offer for the shares of common stock of the Issuer (each, a "Share") and thereafter merged with and into the Issuer (the "Merger") effective as of May 3, 2023 (the "Effective Time").
- [F2]Pursuant to the terms of the Merger Agreement, at the Effective Time, each option to purchase Shares granted under an Issuer equity plan (each, a "Company Stock Option") that was outstanding and unvested immediately prior to the Effective Time vested in full. As of the Effective Time, each Company Stock Option that was outstanding immediately prior to the Effective Time was cancelled, and, in exchange therefor, the holder of such cancelled Company Stock Option was entitled to receive (without interest), in consideration of the cancellation of such Company Stock Option, (i) an amount in cash (less applicable tax withholdings) equal to the product of (x) the total number of Shares subject to such Company Stock Option immediately prior to the Effective Time multiplied by (y) the excess, if any, of $1.85 over the applicable exercise price per Share under such Company Stock Option and (ii) one contingent value right for each Share subject thereto.
Documents
Issuer
Jounce Therapeutics, Inc.
CIK 0001640455
Entity typeother
Related Parties
1- filerCIK 0001720081
Filing Metadata
- Form type
- 4
- Filed
- May 3, 8:00 PM ET
- Accepted
- May 4, 7:43 AM ET
- Size
- 16.8 KB