Type | Sym | Class | Transaction | Value $ | Shares | Change % | * Price $ | Shares After | Date | Underlying Class | Amount | Exercise Price | Ownership | Footnotes |
---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
transaction | MGTX | Stock Option (right to buy) | Award | $0 | +15K | $0.00 | 15K | Jun 10, 2021 | Ordinary Shares | 15K | $14.88 | See Footnote | F1, F3 | |
transaction | MGTX | Restricted Share Units | Award | $0 | +15K | $0.00 | 15K | Jun 10, 2021 | Ordinary Shares | 15K | See Footnote | F2, F3 |
Id | Content |
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F1 | The option shall vest and become exercisable in a single annual installment upon the earliest of (1) June 10, 2022 or (2) the day immediately prior to the date of the Issuer's annual meeting of shareholders in 2022. |
F2 | Each restricted share unit converts into one ordinary share of the Issuer upon settlement. The restricted share units become settlable when Ellen Hukkelhoven ceases to be a director or the Issuer. Ms. Hukkelhoven a Managing Director of Perceptive Advisors, LLC (the "Advisor"). The restricted share units shall vest in a single annual installment upon the earlier of (1) June 10, 2022 or (2) the day immediately prior to the date of the Issuer's annual meeting of shareholders in 2022. |
F3 | The Advisor may be deemed to have an indirect pecuniary interest in the securities reported herein because the Advisor has the right to receive the director compensation provided in respect of Ms. Hukkelhoven's board service through a partial management fee offset. Joseph Edelman is the managing member of the Advisor. Each of Mr. Edelman and the Advisor disclaims, for purposes of Section 16 of the Securities Exchange Act of 1934, beneficial ownership of such securities, except to the extent of his/its indirect pecuniary interest therein, and this report shall not be deemed an admission that either Mr. Edelman or the Advisor is the beneficial owner of such securities for purposes of Section 16 or for any other purposes. |