Agenus Inc - Oct 13, 2021 Form 3 Insider Report for MiNK Therapeutics, Inc. (INKT)

Role
10%+ Owner
Signature
/s/ Christine Klaskin, Vice President, Finance
Stock symbol
INKT
Transactions as of
Oct 13, 2021
Transactions value $
$0
Form type
3
Date filed
10/20/2021, 07:02 PM
Next filing
Oct 20, 2021

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
holding INKT Common Stock 19.5M Oct 13, 2021 Direct

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 INKT Convertible Promissory Note Oct 13, 2021 Common Stock 5.45M Direct F1
* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id Content
F1 The convertible promissory note has a maturity date of July 1, 2022, and will be automatically converted into common stock upon completion of the IPO at a rate equal to the quotient obtained by dividing (i) the amount due on the date of conversion by (ii) 80% of the per share price of the common stock sold in the IPO.