Bruce Keyt - 19 Jul 2024 Form 4 Insider Report for IGM Biosciences, Inc. (IGMS)

Source evidence Original filing metadata and source links for verification. 5 source fields
SEC form
4
Accepted by SEC
23 Jul 2024, 20:40:57 UTC
Prior SEC filing
18 Jun 2024
Next SEC filing
17 Sep 2024
Source filing
View source filing
Reporting owner 1 detail
Reporting owner signature
/s/ Misbah Tahir, by power of attorney

Key filing fact

Bruce Keyt filed Form 4 for IGM Biosciences, Inc. (IGMS) on 23 Jul 2024.

Key facts

  • This page summarizes Bruce Keyt's Form 4 filing for IGM Biosciences, Inc. (IGMS).
  • 4 reported transactions and 2 derivative rows are listed below.
  • Accepted by SEC: 23 Jul 2024, 20:40.

Change

  • Previous filing in this sequence was filed on 18 Jun 2024.
  • 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.

IGMS transaction

Common Stock

Award

Transaction value
Shares
+43,888
Change %
+22%
Price
Shares after
241,657
Date
19 Jul 2024
Ownership
Direct
Footnotes
F1, F2
IGMS transaction

Common Stock

Award

Transaction value
Shares
+2,778
Change %
+1.1%
Price
Shares after
244,435
Date
19 Jul 2024
Ownership
Direct
Footnotes
F2, F3
IGMS holding

Common Stock

No transaction description listed

Transaction value
Shares
Change %
Price
Shares after
4,039
Date
19 Jul 2024
Ownership
See footnote
Footnotes
F4

Reported derivative securities

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

IGMS transaction Derivative

Stock Option (right to buy)

Disposed to Issuer

Transaction value
Shares
-75,000
Change %
-100%
Price
Shares after
0
Date
19 Jul 2024
Ownership
Direct
Underlying class
Common Stock
Underlying amount
75,000
Exercise price
$40.27
Footnotes
F2
IGMS transaction Derivative

Stock Option (right to buy)

Disposed to Issuer

Transaction value
Shares
-50,000
Change %
-100%
Price
Shares after
0
Date
19 Jul 2024
Ownership
Direct
Underlying class
Common Stock
Underlying amount
50,000
Exercise price
$91.50
Footnotes
F2
* marks a reported price that did not pass the local price check.

Additional SEC filing notes

Filing notes and footnotes

Explanation of responses 4 footnotes

Footnote F1

These securities are restricted stock units (RSUs). Each RSU represents a contingent right to receive one share of the Issuer's Common Stock. One-half of the RSUs shall vest on July 19, 2025 and one-eighth of the RSUs shall vest each three-month anniversary thereafter, provided that the Reporting Person remains a service provider through each vesting date.

Footnote F2

Pursuant to the Issuer's previously disclosed option exchange program, on July 19, 2024 the Issuer cancelled the Reporting Person's options to purchase 75,000 shares and 50,000 shares of the Issuer's Common Stock and in exchange issued aggregate RSU grants of 43,888 shares and 2,778 shares.

Footnote F3

These securities are RSUs. Each RSU represents a contingent right to receive one share of the Issuer's Common Stock. One-half of the RSUs shall vest on January 19, 2026 and one-twelfth of the RSUs shall vest each three-month anniversary thereafter, provided that the Reporting Person remains a service provider through each vesting date.

Footnote F4

The shares are held directly by the Reporting Person's spouse.

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