Michael D. Loberg - Mar 31, 2022 Form 4 Insider Report for IGM Biosciences, Inc. (IGMS)

Role
Director
Signature
/s/ Misbah Tahir, by power of attorney
Stock symbol
IGMS
Transactions as of
Mar 31, 2022
Transactions value $
$499,997
Form type
4
Date filed
4/4/2022, 08:11 PM
Previous filing
Mar 15, 2022
Next filing
Jul 5, 2022

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction IGMS Common Stock Gift $0 -300 -100% $0.00* 0 Feb 8, 2022 Direct
transaction IGMS Common Stock Gift $0 +300 +100% $0.00 600 Feb 8, 2022 See footnote F1
transaction IGMS Common Stock Award $0 +533 $0.00 533 Mar 31, 2022 Direct F2
transaction IGMS Common Stock Purchase $500K +21.7K $23.00 21.7K Apr 1, 2022 See footnote F3, F4
holding IGMS Common Stock 43.1K Mar 31, 2022 See footnote F5
* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id Content
F1 The shares are held by the Revocable Deed of Trust of Michael D. Loberg (Michael and Melinda Loberg, Trustees), of which Reporting Person and his spouse serve as trustees (the "Loberg Revocable Trust").
F2 Each restricted stock unit represents a contingent right to receive one share of the Issuer's common stock. The amount reflects payment of a quarterly retainer in common stock pursuant to the Issuer's Outside Director Compensation Policy.
F3 The shares were purchased pursuant to an underwritten public offering of the Issuer's securities.
F4 The shares are held by the Loberg Revocable Trust. The shares were purchased by Michael D. Loberg and then immediately transferred to the Loberg Revocable Trust.
F5 The shares are held by the Michael D. Loberg Qualified Annuity Interest Trust IX (Michael and Melinda Loberg, Trustees), of which Reporting Person and his spouse serve as trustees (the "Loberg Annuity Trust IX"). The number of shares held reflects the transfers on March 16, 2022 of (i) 29,547 shares from from Michael D. Loberg Qualified Annuity Interest Trust VII (Michael and Melinda Loberg, Trustees), to the Loberg Revocable Trust, (ii) 12,996 shares from Michael D. Loberg Qualified Annuity Interest Trust VIII (Michael and Melinda Loberg, Trustees), to the Loberg Revocable Trust, and (iii) 43,143 shares (including the 600 shares listed in column 5 of the second line item of Table I) from the Loberg Revocable Trust to the Loberg Annuity Trust IX.