Allan C. Silber - Jun 30, 2021 Form 4 Insider Report for POINT Biopharma Global Inc. (PNT)

Role
Director
Signature
William L. Demers, by Power of Attorney for Allan C. Silber
Stock symbol
PNT
Transactions as of
Jun 30, 2021
Transactions value $
$0
Form type
4
Date filed
6/30/2021, 09:31 PM
Previous filing
May 11, 2021
Next filing
Aug 17, 2021

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction PNT Common Stock Award +4.22M 4.22M Jun 30, 2021 Direct F1
transaction PNT Common Stock Award +538K 538K Jun 30, 2021 Trustee F1, F2
transaction PNT Common Stock Award +4.04M 4.04M Jun 30, 2021 Silber Holdings, Inc. F1, F3
transaction PNT Common Stock Award +71.7K 71.7K Jun 30, 2021 Anglian Holdings, LLC F1, 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 PNT Stock Option (Right to Buy) Award $0 +6.79K $0.00 6.79K Jun 30, 2021 Common Stock 6.79K $1.39 Direct F5, F6
* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id Content
F1 On June 30, 2021, POINT BIOPHARMA GLOBAL INC. (f/k/a Therapeutics Acquisition Corp., the "Issuer") consummated a business combination (the "Business Combination") pursuant to which RACA, Bodhi Merger Sub, Inc., a wholly-owned subsidiary of the Issuer merged with and into POINT Biopharma Inc., ("Old POINT"). At the effective time of the Business Combination, each share of Old POINT outstanding as of immediately prior to the effective time was exchanged for shares of Common Stock of the Issuer based on an implied Old POINT vested equity value of $585,000,000. As a result, the Reporting Person received the reported shares of the Issuer's Common Stock in consideration for the equity securities of Old POINT held by the Reporting Person prior to the Business Combination.
F2 Held in a trust in which the Reporting Person is the Trustee
F3 Silber Holdings, Inc is a corporation controlled by Reporting Person.
F4 Anglian Holdings, LLC is a limited liability company solely owned by the Reporting Person.
F5 At the effective time of the Business Combination, each option to acquire shares of Old POINT was exchanged for an option to acquire shares of Common Stock of the Issuer based on an implied Old POINT vested equity value of $585,000,000. As a result, the Reporting Person received the reported options to acquire the Issuer's Common Stock in consideration for the options to acquire equity securities of Old POINT held by the Reporting Person prior to the Business Combination.
F6 The option vested 25% on March 18, 2021 with the remaining 75% vesting in three equal annual installments thereafter.