James Karrels - 15 Feb 2024 Form 4 Insider Report for MACROGENICS INC (MGNX)

Signature
/s/ Lynn M. Cilinski, Attorney-in-fact
Issuer symbol
MGNX
Transactions as of
15 Feb 2024
Net transactions value
-$92,690
Form type
4
Filing time
20 Feb 2024, 18:04:15 UTC
Previous filing
12 Feb 2024
Next filing
06 Mar 2024

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction MGNX Common Stock Options Exercise $0 +15,003 +7.8% $0.000000 206,779 15 Feb 2024 Direct F1
transaction MGNX Common Stock Tax liability $92,690 -5,327 -2.6% $17.40 201,452 15 Feb 2024 Direct F2

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 MGNX Restricted Stock Unit Options Exercise $0 -15,003 -33% $0.000000 29,997 15 Feb 2024 Common Stock 15,003 $0.000000 Direct F1
* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id Content
F1 On February 15, 2023 the reporting person was granted 45,000 restricted stock units, 33% of which vested on February 15, 2024 and 33% of which will vest each year thereafter. Restricted stock units convert into the Company's stock on a one-for-one basis.
F2 Owned jointly with reporting person's wife.