Allan C. Silber - 22 Dec 2023 Form 4 Insider Report for POINT Biopharma Global Inc.

Source evidence Original filing metadata and source links for verification. 4 source fields
SEC form
4
Accepted by SEC
27 Dec 2023, 17:35:38 UTC
Prior SEC filing
07 Nov 2023
Source filing
View source filing
Reporting owner 1 detail
Reporting owner signature
/s/ William L. Demers, by Power of Attorney for Allan C. Silber

Key filing fact

Allan C. Silber filed Form 4 for POINT Biopharma Global Inc. on 27 Dec 2023.

Key facts

  • This page summarizes Allan C. Silber's Form 4 filing for POINT Biopharma Global Inc..
  • 8 reported transactions and 3 derivative rows are listed below.
  • Accepted by SEC: 27 Dec 2023, 17:35.

Change

  • Previous filing in this sequence was filed on 07 Nov 2023.
  • 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 non-derivative transactions

Shares, units, or other non-derivative securities reported in this filing.

PNT transaction

Common Stock

Disposition pursuant to a tender of shares in a change of control transaction

Transaction value
Shares
-4,268,605
Change %
-100%
Price
Shares after
0
Date
22 Dec 2023
Ownership
Personal Holding Company
Footnotes
F1
PNT transaction

Common Stock

Disposition pursuant to a tender of shares in a change of control transaction

Transaction value
Shares
-313,884
Change %
-100%
Price
Shares after
0
Date
22 Dec 2023
Ownership
By Spouse
Footnotes
F1
PNT transaction

Common Stock

Disposition pursuant to a tender of shares in a change of control transaction

Transaction value
Shares
-38,087
Change %
-100%
Price
Shares after
0
Date
22 Dec 2023
Ownership
Trustee
Footnotes
F1, F2
PNT transaction

Common Stock

Disposition pursuant to a tender of shares in a change of control transaction

Transaction value
Shares
-4,035,655
Change %
-100%
Price
Shares after
0
Date
22 Dec 2023
Ownership
Silber Holdings, Inc.
Footnotes
F1, F3
PNT transaction

Common Stock

Disposition pursuant to a tender of shares in a change of control transaction

Transaction value
Shares
-71,744
Change %
-100%
Price
Shares after
0
Date
22 Dec 2023
Ownership
Anglian Holdings, LLC
Footnotes
F1, F4

Reported derivative securities

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

PNT transaction Derivative

Stock Option (Right to Buy)

Disposed to Issuer

Transaction value
Shares
-6,787
Change %
-100%
Price
Shares after
0
Date
27 Dec 2023
Ownership
Direct
Underlying class
Common Stock
Underlying amount
6,787
Exercise price
$1.39
Footnotes
F5
PNT transaction Derivative

Stock Option (Right to Buy)

Disposed to Issuer

Transaction value
Shares
-332,476
Change %
-100%
Price
Shares after
0
Date
27 Dec 2023
Ownership
Direct
Underlying class
Common Stock
Underlying amount
332,476
Exercise price
$8.13
Footnotes
F5
PNT transaction Derivative

Stock Option (Right to Buy)

Disposed to Issuer

Transaction value
Shares
-537,322
Change %
-100%
Price
Shares after
0
Date
27 Dec 2023
Ownership
Direct
Underlying class
Common Stock
Underlying amount
537,322
Exercise price
$6.78
Footnotes
F5
* marks a reported price that did not pass the local price check.

Additional SEC filing notes

Filing notes and footnotes

Section 16 status

Allan C. Silber is no longer subject to Section 16 filing requirements. Form 4 or Form 5 obligations may still apply in specific circumstances.

Explanation of responses 5 footnotes

Footnote F1

This Form 4 reports securities disposed of pursuant to the terms of the Agreement and Plan of Merger (the "Merger Agreement"), dated as of October 2, 2023, by and among POINT Biopharma Global Inc. (the "Issuer"), Eli Lilly and Company (the "Parent"), and Yosemite Falls Acquisition Corporation, a wholly owned subsidiary of Parent ("Merger Sub"), pursuant to which Merger Sub completed a cash tender offer for shares of common stock of the Issuer (each, a "Share"). After completion of the cash tender offer, Merger Sub merged with and into the Issuer (the "Merger"), effective as of December 27, 2023 (the "Effective Time"). At the Effective Time, each issued and outstanding Share was cancelled and converted into the right to receive $12.50 in cash (the "Merger Consideration"), without interest and less any applicable tax withholding.

Footnote F2

Held in a trust for which the Reporting Person is the trustee.

Footnote F3

Silber Holdings, Inc. is a corporation controlled by the Reporting Person.

Footnote F4

Anglian Holdings, LLC is a limited liability company solely owned by the Reporting Person.

Footnote F5

Pursuant to the terms of the Merger Agreement, at the Effective Time, each option (whether vested or unvested) that was outstanding and unexercised immediately prior to the Effective Time, was cancelled and converted into the right to receive, for each Share underlying such option, an amount in cash, without interest, less any applicable tax withholding, equal to the excess, if any, of the Merger Consideration over the exercise price per share of such option. Each option that was outstanding and unexercised immediately prior to the Effective Time which had a per share exercise price greater than or equal to the Merger Consideration was cancelled with no consideration payable.

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