Kevin M. Lalande - 03 Jun 2022 Form 4 Insider Report for Molecular Templates, Inc.

Role
Director, 10%+ Owner
Signature
/s/ Kevin M. Lalande
Issuer symbol
N/A
Transactions as of
03 Jun 2022
Net transactions value
$0
Form type
4
Filing time
06 Jun 2022, 07:30:21 UTC
Previous filing
09 May 2022
Next filing
21 Jun 2022
SEC
View on sec.gov

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 +15,000 $0.000000 15,000 03 Jun 2022 Common Stock 15,000 $0.9728 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.