Kevin M. Lalande - Jun 3, 2022 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, 2022
Transactions value $
$0
Form type
4
Date filed
6/6/2022, 07:30 AM
Previous filing
May 9, 2022
Next filing
Jun 21, 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
transaction MTEM Stock Option (right to buy) Award $0 +15K $0.00 15K Jun 3, 2022 Common Stock 15K $0.97 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, 2023.