Filing Details
- Accession Number:
- 0001104659-20-105225
- Form Type:
- 4
- Zero Holdings:
- No
- Publication Time:
- 2020-09-15 16:15:57
- Reporting Period:
- 2020-09-10
- Accepted Time:
- 2020-09-15 16:15:57
- SEC Url:
- Form 4 Filing
Issuer
| Cik | Name | Symbol | Sector (SIC) | IRS No |
|---|---|---|---|---|
| 1722964 | Y-Mabs Therapeutics Inc. | YMAB | Pharmaceutical Preparations (2834) | 474619612 |
Insiders
| Cik | Name | Reported Address | Insider Title | Director | Officer | Large Shareholder | Other |
|---|---|---|---|---|---|---|---|
| 1753224 | Thomas Gad | C/O Y-Mabs Therapeutics, Inc. 230 Park Avenue, Suite 3350 New York NY 10169 | President And Chairman | Yes | Yes | No | 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 | 2020-09-10 | 13,860 | $2.00 | 13,860 | No | 4 | M | Direct | |
| Common Stock | Disposition | 2020-09-10 | 13,860 | $41.58 | 0 | No | 4 | S | Direct | |
| Common Stock | Acquisiton | 2020-09-11 | 13,571 | $2.00 | 13,571 | No | 4 | M | Direct | |
| Common Stock | Disposition | 2020-09-11 | 13,571 | $40.33 | 0 | No | 4 | S | Direct | |
| Common Stock | Acquisiton | 2020-09-14 | 22,569 | $2.00 | 22,569 | No | 4 | M | Direct | |
| Common Stock | Disposition | 2020-09-14 | 22,569 | $41.00 | 0 | No | 4 | S | Direct |
| Equity Swap Involved | Form Type | Code | Nature of Ownership | Explanation |
|---|---|---|---|---|
| No | 4 | M | Direct | |
| No | 4 | S | Direct | |
| No | 4 | M | Direct | |
| No | 4 | S | Direct | |
| No | 4 | M | Direct | |
| No | 4 | S | Direct |
Reported Derivative Transactions
| Sec. Name | Sec. Type | Acquisiton - Disposition | Date | Amount | Price | Amount - 2 | Price - 2 |
|---|---|---|---|---|---|---|---|
| Common Stock | Employee Stock Option (right to buy) | Disposition | 2020-09-10 | 13,860 | $0.00 | 13,860 | $2.00 |
| Common Stock | Employee Stock Option (right to buy) | Disposition | 2020-09-11 | 13,571 | $0.00 | 13,571 | $2.00 |
| Common Stock | Employee Stock Option (right to buy) | Disposition | 2020-09-14 | 22,569 | $0.00 | 22,569 | $2.00 |
| Remaning Holdings | Exercise Date | Expiration Date | Equity Swap Involved | Transaction Form Type | Transaction Code | Nature of Ownership |
|---|---|---|---|---|---|---|
| 486,140 | 2025-06-10 | No | 4 | M | Direct | |
| 472,569 | 2025-06-10 | No | 4 | M | Direct | |
| 450,000 | 2025-06-10 | No | 4 | M | Direct |
Reported Non-Derivative Holdings
| Sec. Name | Remaning Holdings | Nature of Ownership | Explanation |
|---|---|---|---|
| Common Stock | 646,000 | Indirect | By GAD Enterprises LLC |
| Common Stock | 1,030,356 | Indirect | By WG Biotech ApS |
Footnotes
- This transaction was executed in multiple trades at prices ranging from $42.77 to $41.00. The price reported reflects the weighted average sale price for this cashless exercise of 13,860 stock options expiring June 10, 2025. The Reporting Person hereby undertakes to provide upon request to the SEC staff, the issuer or a security holder of the Issuer full information regarding the number of shares and prices at which the transaction was effected.
- This transaction was executed in multiple trades at prices ranging from $40.79 to $40.00. The price reported reflects the weighted average sale price or this cashless exercise of 13,571 stock options expiring June 10, 2025. The Reporting Person hereby undertakes to provide upon request to the SEC staff, the issuer or a security holder of the Issuer full information regarding the number of shares and prices at which the transaction was effected.
- This transaction was executed in multiple trades at prices ranging from $40.42 to $41.47. The price reported reflects the weighted average sale price or this cashless exercise of 22,569 stock options expiring June 10, 2025. The Reporting Person hereby undertakes to provide upon request to the SEC staff, the issuer or a security holder of the Issuer full information regarding the number of shares and prices at which the transaction was effected.
- Reporting Person is sole member of GAD Enterprises, LLC and the sole member and manager of GAD Management, LLC, the manager of GAD Enterprises, LLC, and as such Reporting Person has sole voting and dispositive power with respect to such shares.
- WG Biotech ApS owns 5,508,392 shares of the Issuer's common stock. GAD Enterprises, LLC (of which Reporting Person is sole member) owns approximately 18.71% of WG Biotech ApS but has no voting or dispositive power over the shares of common stock held by WG Biotech ApS.
- The stock option vested and became exercisable as to 25% of the shares subject to the option on June 10, 2016, and thereafter vested as to 1/48th of the shares in equal monthly installments, until such time as the option was 100% vested on June 10, 2019.
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