Robert W. Duggan - Sep 11, 2024 Form 4 Insider Report for Summit Therapeutics Inc. (SMMT)

Signature
/s/ Robert W. Duggan
Stock symbol
SMMT
Transactions as of
Sep 11, 2024
Transactions value $
$75,499,996
Form type
4
Date filed
9/13/2024, 06:25 PM
Previous filing
Jul 9, 2024
Next filing
Dec 13, 2024

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction SMMT Common Stock Award $75.5M +3.33M +0.61% $22.70 552M Sep 11, 2024 Direct F1, F2
* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id Content
F1 Acquired in a private placement transaction pursuant to the terms of a definitive agreement, dated as of September 11, 2024, pursuant to which the Issuer agreed to sell shares of common stock to the Reporting Person at a purchase price of $22.70 per share. The transaction closed on September 13, 2024.
F2 Excludes shares underlying options and warrants held by the Reporting Person.