Gregory T. Mayes - 19 Jan 2023 Form 4 Insider Report for AVEO PHARMACEUTICALS, INC.

Source evidence Original filing metadata and source links for verification. 4 source fields
SEC form
4
Accepted by SEC
19 Jan 2023, 16:12:52 UTC
Prior SEC filing
08 Jun 2022
Source filing
View source filing
Reporting owner 1 detail
Reporting owner signature
/s/ Danielle V. Holland, attorney in fact

Key filing fact

Gregory T. Mayes filed Form 4 for AVEO PHARMACEUTICALS, INC. on 19 Jan 2023.

Key facts

  • This page summarizes Gregory T. Mayes's Form 4 filing for AVEO PHARMACEUTICALS, INC..
  • 4 reported transactions and 4 derivative rows are listed below.
  • Accepted by SEC: 19 Jan 2023, 16:12.

Change

  • Previous filing in this sequence was filed on 08 Jun 2022.
  • Current net transaction value: $0.

Research use

  • This tells you what this filing adds before you inspect full transaction and derivative tables.
  • You can trace every row back to the original SEC filing document.

Evidence

Filed on Form 4

Ownership activity is grounded in SEC Form 4 disclosures.

View source filing

Reported derivative securities

Options, warrants, convertible securities, or similar derivative positions disclosed in the filing.

AVEO transaction Derivative

Stock Option (Right to Buy)

Disposed to Issuer

Transaction value
Shares
-10,000
Change %
-100%
Price
Shares after
0
Date
19 Jan 2023
Ownership
Direct
Underlying class
Common Stock
Underlying amount
10,000
Exercise price
$6.10
Footnotes
F1
AVEO transaction Derivative

Stock Option (Right to Buy)

Disposed to Issuer

Transaction value
Shares
-4,000
Change %
-100%
Price
Shares after
0
Date
19 Jan 2023
Ownership
Direct
Underlying class
Common Stock
Underlying amount
4,000
Exercise price
$7.52
Footnotes
F1
AVEO transaction Derivative

Stock Option (Right to Buy)

Disposed to Issuer

Transaction value
Shares
-12,500
Change %
-100%
Price
Shares after
0
Date
19 Jan 2023
Ownership
Direct
Underlying class
Common Stock
Underlying amount
12,500
Exercise price
$7.27
Footnotes
F1
AVEO transaction Derivative

Stock Option (Right to Buy)

Disposed to Issuer

Transaction value
Shares
-22,500
Change %
-100%
Price
Shares after
0
Date
19 Jan 2023
Ownership
Direct
Underlying class
Common Stock
Underlying amount
22,500
Exercise price
$4.27
Footnotes
F1
* marks a reported price that did not pass the local price check.

Additional SEC filing notes

Filing notes and footnotes

Section 16 status

Gregory T. Mayes is no longer subject to Section 16 filing requirements. Form 4 or Form 5 obligations may still apply in specific circumstances.

Explanation of responses 1 footnote

Footnote F1

This stock option was fully vested and exercisable prior to the Effective Time. Pursuant to the terms of the Merger Agreement, each option to purchase shares of the Company's common stock was canceled and converted into the right to receive an amount in cash, if any, equal to the product of (i) the excess, if any, of the Merger Consideration over the exercise price of such stock option and (ii) the number of shares of common stock underlying such option, less any applicable withholding taxes.

SEC remarks

On January 19, 2022, pursuant to the Agreement and Plan of Merger (as it may be amended from time to time, referred to as the "Merger Agreement"), by and among LG Chem, Ltd. ("Parent"), Acacia acquisition Sub, Inc. ("Merger Sub") and AVEO Pharmaceuticals, Inc. (the "Company"), dated as of October 18, 2022, Merger Sub merged with and into the Company (the "Merger"), with the Company surviving the Merger as a wholly owned subsidiary of Parent. Pursuant to the Merger Agreement, at the effective time of the Merger (the "Effective Time"), each share of the Company's common stock automatically converted into the right to receive $15.00 per share in cash (the "Merger Consideration").

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