Meenu Chhabra - May 21, 2024 Form 4 Insider Report for MACROGENICS INC (MGNX)

Role
Director
Signature
/s/ Lynn M. Cilinski, Attorney-in-fact
Stock symbol
MGNX
Transactions as of
May 21, 2024
Transactions value $
$62,502
Form type
4
Date filed
5/23/2024, 05:18 PM
Previous filing
May 22, 2024

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 Award $0 +6.5K $0.00 6.5K May 21, 2024 Common Stock 6.5K $0.00 Direct F1, F2
transaction MGNX Stock Option (right to buy) Award $0 +16.5K $0.00 16.5K May 21, 2024 Common Stock 16.5K $4.26 Direct F3
transaction MGNX Stock Option (right to buy) Award $62.5K +17.1K +103.5% $3.66 33.6K May 21, 2024 Common Stock 17.1K $4.26 Direct F3, F4
* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id Content
F1 Each restricted stock unit (RSU) represents a contingent right to receive one share of the Issuer's common stock.
F2 The RSUs will vest one year after the date of grant, or the day prior to the next annual meeting, if earlier
F3 The option will vest and become exercisable in monthly, cumulative 1/12th increments (rounded upwards for whole shares) beginning one month from the date of grant.
F4 At the election of the filing person, the option grant is issued in lieu of direct cash compensation of such person's annual retainer through the Company's non-employee director compensation program and will vest and become exercisable in monthly, cumulative 1/12th increments (rounded upwards to whole shares) beginning one month from the date of grant.