Jessica D. Jensen - 27 Dec 2023 Form 4 Insider Report for POINT Biopharma Global Inc.

Role: EVP Clinical Development
Signature: /s/ William L. Demers, by Power of Attorney for Jessica D. Jensen
Issuer symbol: N/A
Transactions as of: 27 Dec 2023
Net transactions value: $0
Form type: 4
Filing time: 27 Dec 2023, 17:39:53 UTC
Previous filing: 30 Mar 2023
SEC: View on sec.gov

Derivative Securities (e.g., puts, calls, warrants, options, convertible securities)

Type	Sym	Class	Transaction	Shares	Change %	Date	Underlying Class	Amount	Exercise Price	Ownership	Footnotes
transaction	PNT	Stock Option (Right to Buy)	Disposed to Issuer	-125,553	-100%	27 Dec 2023	Common Stock	125,553	$6.97	Direct	F1, F2
transaction	PNT	Stock Option (Right to Buy)	Disposed to Issuer	-461,250	-100%	27 Dec 2023	Common Stock	461,250	$8.47	Direct	F1, F2
transaction	PNT	Stock Option (Right to Buy)	Disposed to Issuer	-213,301	-100%	27 Dec 2023	Common Stock	213,301	$8.13	Direct	F1, F2
transaction	PNT	Stock Option (Right to Buy)	Disposed to Issuer	-13,766	-100%	27 Dec 2023	Common Stock	13,766	$7.91	Direct	F1, F2
transaction	PNT	Stock Option (Right to Buy)	Disposed to Issuer	-136,055	-100%	27 Dec 2023	Common Stock	136,055	$6.78	Direct	F1, F2

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

Jessica D. Jensen is no longer subject to Section 16 filing requirements. Form 4 or Form 5 obligations may continue.

Explanation of Responses:

Id	Content
F1	This Form 4 reports securities disposed of pursuant to the terms of the Agreement and Plan of Merger (the "Merger Agreement"), dated as of October 2, 2023, by and among POINT Biopharma Global Inc. (the "Issuer"), Eli Lilly and Company (the "Parent"), and Yosemite Falls Acquisition Corporation, a wholly owned subsidiary of Parent ("Merger Sub"), pursuant to which Merger Sub completed a cash tender offer for shares of common stock of the Issuer (each, a "Share"). After completion of the cash tender offer, Merger Sub merged with and into the Issuer (the "Merger"), effective as of December 27, 2023 (the "Effective Time"). At the Effective Time, each issued and outstanding Share was cancelled and converted into the right to receive $12.50 in cash (the "Merger Consideration"), without interest and less any applicable tax withholding.
F2	Pursuant to the terms of the Merger Agreement, at the Effective Time, each option (whether vested or unvested) that was outstanding and unexercised immediately prior to the Effective Time, was cancelled and converted into the right to receive, for each Share underlying such option, an amount in cash, without interest, less any applicable tax withholding, equal to the excess, if any, of the Merger Consideration over the exercise price per share of such option. Each option that was outstanding and unexercised immediately prior to the Effective Time which had a per share exercise price greater than or equal to the Merger Consideration was cancelled with no consideration payable.

Content

This Form 4 reports securities disposed of pursuant to the terms of the Agreement and Plan of Merger (the "Merger Agreement"), dated as of October 2, 2023, by and among POINT Biopharma Global Inc. (the "Issuer"), Eli Lilly and Company (the "Parent"), and Yosemite Falls Acquisition Corporation, a wholly owned subsidiary of Parent ("Merger Sub"), pursuant to which Merger Sub completed a cash tender offer for shares of common stock of the Issuer (each, a "Share"). After completion of the cash tender offer, Merger Sub merged with and into the Issuer (the "Merger"), effective as of December 27, 2023 (the "Effective Time"). At the Effective Time, each issued and outstanding Share was cancelled and converted into the right to receive $12.50 in cash (the "Merger Consideration"), without interest and less any applicable tax withholding.

Pursuant to the terms of the Merger Agreement, at the Effective Time, each option (whether vested or unvested) that was outstanding and unexercised immediately prior to the Effective Time, was cancelled and converted into the right to receive, for each Share underlying such option, an amount in cash, without interest, less any applicable tax withholding, equal to the excess, if any, of the Merger Consideration over the exercise price per share of such option. Each option that was outstanding and unexercised immediately prior to the Effective Time which had a per share exercise price greater than or equal to the Merger Consideration was cancelled with no consideration payable.