Sean McLennan - Jul 2, 2021 Form 3 Insider Report for Molecular Templates, Inc. (MTEM)

Role
CFO & Treasurer
Signature
/s/ Sean McLennan
Stock symbol
MTEM
Transactions as of
Jul 2, 2021
Transactions value $
$0
Form type
3
Date filed
7/2/2021, 07:31 AM
Next filing
Feb 17, 2022

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
holding MTEM Stock Option (right to buy) Jul 2, 2021 Common Stock 80K $13.03 Direct F1
holding MTEM Stock Option (right to buy) Jul 2, 2021 Common Stock 65K $14.05 Direct F2
* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id Content
F1 25% of the shares subject to the option shall vest on November 12, 2020, and, thereafter, the remaining 75% of the shares subject to the option shall vest pro rata on a monthly basis over the following 36 months.
F2 100% of the shares subject to the option shall vest pro rata on a monthly basis over the 48 months following February 15, 2021.

Remarks:

Exhibit 24.1 - Power of Attorney