Gary L. Crocker - 10 Aug 2023 Form 4 Insider Report for MERRIMACK PHARMACEUTICALS INC

Signature
/s/ Gary L. Crocker
Issuer symbol
N/A
Transactions as of
10 Aug 2023
Net transactions value
+$49,904
Form type
4
Filing time
14 Aug 2023, 16:06:26 UTC
Previous filing
08 Jun 2023

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction MACK Common Stock Purchase $25,039 +2,000 +1.5% $12.52 133,105 10 Aug 2023 See footnote F1, F2
transaction MACK Common Stock Purchase $24,865 +2,000 +1.5% $12.43 133,105 11 Aug 2023 See footnote F2, F3
* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id Content
F1 The price reported in Column 4 is a weighted average price. These shares were purchased in multiple transactions at prices ranging from $12.48 to $12.54, inclusive on August 10, 2023. The reporting person undertakes to provide to the Issuer, any security holder of the Issuer, or the staff of the Securities and Exchange Commission, upon request, full information regarding the number of shares sold at each separate price within the ranges set forth in this footnote (1) to this Form 4.
F2 Shares held by Crocker Family Investments, LLC, over which Reporting Person is the Managing Member.
F3 The price reported in Column 4 is a weighted average price. These shares were purchased in multiple transactions at prices ranging from $12.38 to $12.50, inclusive on August 11, 2023. The reporting person undertakes to provide to the Issuer, any security holder of the Issuer, or the staff of the Securities and Exchange Commission, upon request, full information regarding the number of shares sold at each separate price within the ranges set forth in this footnote (1) to this Form 4.

Remarks:

Chairman, President, and Treasurer