Kevin M. Lalande - Jun 3, 2021 Form 4 Insider Report for Molecular Templates, Inc. (MTEM)

Role
Director, 10%+ Owner
Signature
/s/ Kevin M. Lalande
Stock symbol
MTEM
Transactions as of
Jun 3, 2021
Transactions value $
$0
Form type
4
Date filed
6/4/2021, 04:30 PM
Previous filing
May 24, 2021
Next filing
Aug 16, 2021

Derivative Securities (e.g., puts, calls, warrants, options, convertible securities)

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Underlying Class Amount Exercise Price Ownership Footnotes
transaction MTEM Stock Option (right to buy) Award $0 +15K $0.00 15K Jun 3, 2021 Common Stock 15K $8.98 Direct F1, F2
* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id Content
F1 The Reporting Person is a Managing Director of SHV Management Services, LLC ("SHV Management") and is obligated to transfer any shares issued under equity grants made to him by the Issuer, or the economic benefits thereof, to SHV Management.
F2 100% of the total number of shares subject to the option shall vest on June 3, 2022.