Kevin M. Lalande - Apr 2, 2024 Form 4 Insider Report for Molecular Templates, Inc. (MTEM)

Role
Director, 10%+ Owner
Signature
/s/ Kevin Lalande
Stock symbol
MTEM
Transactions as of
Apr 2, 2024
Transactions value $
$1,499,998
Form type
4
Date filed
4/4/2024, 04:57 PM
Previous filing
Oct 31, 2023
Next filing
Jun 7, 2024

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction MTEM Common Stock Award $411K +175K $2.35 175K Apr 2, 2024 By SHV MTEM SPV, LLC F1
holding MTEM Common Stock 406K Apr 2, 2024 By Sante Health Ventures I, L.P. F2
holding MTEM Common Stock 3.33K Apr 2, 2024 By SHV Management Services, L.P. F3
holding MTEM Common Stock 57.6K Apr 2, 2024 By Sante Health Ventures I Annex Fund, L.P. F4
holding MTEM Common Stock 14.8K Apr 2, 2024 By SHVMS, LLC F5

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 MTEM Pre-Funded Warrants (Right to Buy) Award $944K +402K $2.35 402K Apr 2, 2024 Common Stock 402K $0.00 By SHV MTEM SPV, LLC F1, F6
transaction MTEM Warrants (Right to Buy) Award $144K +1.15M $0.13* 1.15M Apr 2, 2024 Common Stock 1.15M $2.35 By SHV MTEM SPV, LLC F1, F7
* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id Content
F1 The securities are held by SHV MTEM SPV, LLC ("SHV SPV"). Sante Accel Ventures IV, LLC ("Accel IV") is the managing member of SHV SPV, Sante Health Ventures IV, L.P. ("SHV IV") is the managing member of Accel IV, SHV Management Services IV, LP ("SHV IV Services") is the general partner of SHV IV and SHV Management Services IV, LLC ("SHV IV Management") is the general partner of SHV IV Services. The Reporting Person is a managing member of SHV IV Management and may be deemed to beneficially own the securities held by SHV SPV. The Reporting Person disclaims beneficial ownership of these securities except to the extent of his pecuniary interest therein.
F2 The securities are held by Sante Health Ventures I, L.P. ("SHV I"). SHV Management Services, LP ("SHV Services") is the general partner of SHV I and SHV Management Services, LLC ("SHV Management") is the general partner of SHV Services. The Reporting Person is a managing member of SHV Management and may be deemed to beneficially own the securities held by SHV I. The Reporting Person disclaims beneficial ownership of these securities except to the extent of his pecuniary interest therein.
F3 The securities are held by SHV Services. SHV Management is the general partner of SHV Services. The Reporting Person is a managing member of SHV Management and may be deemed to beneficially own the securities held by SHV Services. The Reporting Person disclaims beneficial ownership of these securities except to the extent of his pecuniary interest therein.
F4 The securities are held by Sante Health Ventures I Annex Fund, L.P. ("Annex Fund"). SHV Annex Services, LP ("Annex Services") is the general partner of Annex Fund and SHV Management is the general partner of Annex Services. The Reporting Person is a managing member of SHV Management and may be deemed to beneficially own the securities held by Annex Fund. The Reporting Person disclaims beneficial ownership of these securities except to the extent of his pecuniary interest therein.
F5 The securities are held by SHVMS, LLC ("SHVMS"). The Reporting Person is a managing member of SHVMS and may be deemed to beneficially own the securities held by SHVMS. The Reporting Person disclaims beneficial ownership of these securities except to the extent of his pecuniary interest therein.
F6 The Pre-Funded Warrants have no expiration date and are exercisable at any time after the date of issuance. A holder of Pre-Funded Warrants may not exercise the Pre-Funded Warrant if the holder, together with its affiliates, would beneficially own more than 9.99% of the number of shares of Common Stock outstanding immediately after giving effect to such exercise.
F7 The Warrants are exercisable at any time after the date of issuance. A holder of Warrants may not exercise the Warrant if the holder, together with its affiliates, would beneficially own more than 9.99% of the number of shares of Common Stock outstanding immediately after giving effect to such exercise.