Filing Details

Accession Number:
0001179110-12-010990
Form Type:
4
Zero Holdings:
No
Publication Time:
2012-07-02 17:53:17
Reporting Period:
2012-06-29
Filing Date:
2012-07-02
Accepted Time:
2012-07-02 16:53:17
SEC Url:
Form 4 Filing
Issuer
Cik Name Symbol Sector (SIC) IRS No
1157601 Synta Pharmaceuticals Corp SNTA Pharmaceutical Preparations (2834) 000000000
Insiders
Cik Name Reported Address Insider Title Director Officer Large Shareholder Other
1325713 Bruce Kovner C/O Caxton Corporation
731 Alexander Road, Bldg 2
Princeton NJ 08540
Yes No Yes No
Reported Non-Derivative Transactions
Sec. Name Acquisiton - Disposition Date Amount Price Remaning Holdings Equity Swap Involved Form Type Code Nature of Ownership Explanation
Common Stock Acquisiton 2012-06-29 910,000 $5.45 6,816,048 No 4 P Direct
Common Stock Disposition 2012-06-29 1,900,000 $0.00 4,916,048 No 5 G Direct
Common Stock Acquisiton 2012-06-29 475,000 $0.00 475,000 No 5 G Indirect By Kovner 2012-A Synta Investment Trust
Common Stock Acquisiton 2012-06-29 475,000 $0.00 475,000 No 5 G Indirect By Kovner 2012-B Synta Investment Trust
Common Stock Acquisiton 2012-06-29 475,000 $0.00 475,000 No 5 G Indirect By Kovner 2012-C Synta Investment Trust
Common Stock Acquisiton 2012-06-29 475,000 $0.00 475,000 No 5 G Indirect By Kovner 2012-D Synta Investment Trust
Common Stock Acquisiton 2012-07-01 7,312 $0.00 4,923,360 No 4 A Direct
Common Stock Acquisiton 2012-07-01 914 $0.00 4,924,274 No 4 A Direct
Common Stock Acquisiton 2012-07-01 914 $0.00 4,925,188 No 4 A Direct
Equity Swap Involved Form Type Code Nature of Ownership Explanation
No 4 P Direct
No 5 G Direct
No 5 G Indirect By Kovner 2012-A Synta Investment Trust
No 5 G Indirect By Kovner 2012-B Synta Investment Trust
No 5 G Indirect By Kovner 2012-C Synta Investment Trust
No 5 G Indirect By Kovner 2012-D Synta Investment Trust
No 4 A Direct
No 4 A Direct
No 4 A Direct
Reported Derivative Transactions
Sec. Name Sec. Type Acquisiton - Disposition Date Amount Price Amount - 2 Price - 2
Common Stock Director Stock Option (Right to Buy) Acquisiton 2012-07-01 10,000 $0.00 10,000 $5.47
Remaning Holdings Exercise Date Expiration Date Equity Swap Involved Transaction Form Type Transaction Code Nature of Ownership
10,000 2022-07-01 No 4 A Direct
Reported Non-Derivative Holdings
Sec. Name Remaning Holdings Nature of Ownership Explanation
Common Stock 125,000 Indirect By Kovner 2011-A Investment Trust
Common Stock 125,000 Indirect By Kovner 2011-B Investment Trust
Common Stock 125,000 Indirect By Kovner 2011-C Investment Trust
Common Stock 125,000 Indirect By Kovner 2011-D Investment Trust
Common Stock 7,761,716 Indirect By CxSynta LLC
Common Stock 125,000 Indirect By Kovner 2011-A Investment Trust
Common Stock 125,000 Indirect By Kovner 2011-B Investment Trust
Common Stock 125,000 Indirect By Kovner 2011-C Investment Trust
Common Stock 125,000 Indirect By Kovner 2011-D Investment Trust
Common Stock 475,000 Indirect By Kovner 2012-A Synta Investment Trust
Common Stock 475,000 Indirect By Kovner 2012-B Synta Investment Trust
Common Stock 475,000 Indirect By Kovner 2012-C Synta Investment Trust
Common Stock 475,000 Indirect By Kovner 2012-D Synta Investment Trust
Common Stock 7,761,716 Indirect By CxSynta LLC
Footnotes
  1. The shares were purchased in multiple transactions at prices ranging from $4.96 to $5.64 per share. The price reported above is the weighted average purchase price. The Reporting Person hereby undertakes to provide upon request to the staff of the SEC, the Issuer or a security holder of the Issuer, full information regarding the number of shares purchased at each separate price within the range set forth above.
  2. The name of the trust reported above corrects a typographical error contained in the name of the trust reported in the Reporting Person's Form 4 filed on January 10, 2012.
  3. These shares are owned directly by CxSynta LLC and indirectly by the Reporting Person as sole shareholder of Caxton Corporation, the managing member of CxSynta LLC. The Reporting Person disclaims beneficial ownership of these shares except to the extent of his pecuniary interest therein, and the inclusion of these shares in this report shall not be deemed an admission of the beneficial ownership of all of the reported shares for purposes of Section 16 or for any other purpose.
  4. Represents a restricted stock grant subject to the Issuer's lapsing forfeiture right, which lapses as to 25% of the shares on each of September 30, 2012, December 31, 2012, March 31, 2013 and June 30, 2013, provided the Reporting Person continues to serve as a director of the Issuer on such date.
  5. Represents a restricted stock grant subject to the Issuer's lapsing forfeiture right, which lapses as to 25% of the shares on each of September 30, 2012, December 31, 2012, March 31, 2013 and June 30, 2013, provided the Reporting Person continues to serve as a member of the Compensation Committee of the Board of Directors of the Issuer on such date.
  6. Represents a restricted stock grant subject to the Issuer's lapsing forfeiture right, which lapses as to 25% of the shares on each of September 30, 2012, December 31, 2012, March 31, 2013 and June 30, 2013, provided the Reporting Person continues to serve as a member of the Nominating and Governance Committee of the Board of Directors of the Issuer on such date.
  7. The option vests as to 25% of the shares on each of September 30, 2012, December 31, 2012, March 31, 2013 and June 30, 2013, provided the Reporting Person continues to serve as a director of the Issuer on such date.