Davis Aaron I. - Jun 6, 2023 Form 4 Insider Report for Tango Therapeutics, Inc. (TNGX)

Role: Director
Signature: /s/ Douglas Barry, as attorney-in-fact
Stock symbol: TNGX
Transactions as of: Jun 6, 2023
Transactions value $: $0
Form type: 4
Date filed: 6/8/2023, 09:32 PM
Previous filing: Jan 24, 2023
Next filing: Jun 15, 2023

Transactions Table

Type	Sym	Class	Transaction	Value $	Shares	Change %	* Price $	Shares After	Date	Ownership	Footnotes
transaction	TNGX	Common Stock	Award	$0	+5K		$0.00	5K	Jun 6, 2023	Direct	F1
holding	TNGX	Common Stock						7.12M	Jun 6, 2023	See footnote	F2
holding	TNGX	Common Stock						269K	Jun 6, 2023	See footnote	F3
holding	TNGX	Common Stock						6.99M	Jun 6, 2023	See footnote	F4

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	TNGX	Stock Option (Right to Buy)	Award	$0	+30K		$0.00	30K	Jun 6, 2023	Common Stock	30K	$3.55	Direct	F5

* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id	Content
F1	These shares are represented by restricted stock units (the "RSUs"). Each RSU represents a contingent right to receive one share of Common Stock of the Issuer. The RSUs will vest in its entirety on the earlier of: (i) June 6, 2024 and (ii) the date of the next annual meeting of stockholders, subject to the Reporting Person's continuous service with the Issuer as of each such vesting date.
F2	These securities are owned directly by Boxer Capital, LLC ("Boxer Capital"), which may be deemed to be a member of a "group" for purposes of Section 13(d) of the Securities Exchange Act of 1934, as amended, consisting of (i) Boxer Capital (ii) Boxer Asset Management Inc. , (iii) Joseph C. Lewis, (iv) BCTG Holdings, LLC, (v) MVA Investors, LLC ("MVA Investors"), and (vi) Aaron I. Davis (collectively, the "Boxer Group"). The Reporting Person disclaims beneficial ownership of these securities to the extent he does not have a pecuniary interest therein.
F3	These securities are owned directly by MVA Investors, which may be deemed to be a member of the Boxer Group. The Reporting Person disclaims beneficial ownership of these securities to the extent he does not have a pecuniary interest therein.
F4	These securities are owned directly by BCTG Holdings, LLC, which may be deemed to be a member of the Boxer Group. The Reporting Person disclaims beneficial ownership of these securities to the extent he does not have a pecuniary interest therein.
F5	This option shall vest and become exercisable in 12 substantially equal monthly installments over a period of one year beginning on July 6, 2023, subject to the Reporting Person's continuous service with the Issuer as of each such vesting date.