Garry A. Nicholson - 18 Sep 2024 Form 4 Insider Report for G1 Therapeutics, Inc.

Source evidence Original filing metadata and source links for verification. 5 source fields
SEC form
4
Accepted by SEC
18 Sep 2024, 16:15:15 UTC
Prior SEC filing
14 Jun 2024
Next SEC filing
04 Jun 2025
Source filing
View source filing
Reporting owner 1 detail
Reporting owner signature
/S/ Monica Roberts Thomas, attorney-in-fact

Key filing fact

Garry A. Nicholson filed Form 4 for G1 Therapeutics, Inc. on 18 Sep 2024.

Key facts

  • This page summarizes Garry A. Nicholson's Form 4 filing for G1 Therapeutics, Inc..
  • 5 reported transactions and 3 derivative rows are listed below.
  • Accepted by SEC: 18 Sep 2024, 16:15.

Change

  • Previous filing in this sequence was filed on 14 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.

GTHX transaction

Common Stock

Disposed to Issuer

Transaction value
Shares
-20,000
Change %
-58%
Price
Shares after
14,389
Date
18 Sep 2024
Ownership
Direct
Footnotes
F1, F2
GTHX transaction

Common Stock

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

Transaction value
Shares
-14,389
Change %
-100%
Price
Shares after
0
Date
18 Sep 2024
Ownership
Direct
Footnotes
F3

Reported derivative securities

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

GTHX transaction Derivative

Stock Option (right to buy)

Disposed to Issuer

Transaction value
Shares
-30,000
Change %
-100%
Price
Shares after
0
Date
18 Sep 2024
Ownership
Direct
Underlying class
Common Stock
Underlying amount
30,000
Exercise price
$2.99
Footnotes
F4
GTHX transaction Derivative

Stock Option (right to buy)

Disposed to Issuer

Transaction value
Shares
-30,000
Change %
-100%
Price
Shares after
0
Date
18 Sep 2024
Ownership
Direct
Underlying class
Common Stock
Underlying amount
30,000
Exercise price
$2.83
Footnotes
F4
GTHX transaction Derivative

Stock Option (right to buy)

Disposed to Issuer

Transaction value
Shares
-30,000
Change %
-100%
Price
Shares after
0
Date
18 Sep 2024
Ownership
Direct
Underlying class
Common Stock
Underlying amount
30,000
Exercise price
$5.30
Footnotes
F4
* marks a reported price that did not pass the local price check.

Additional SEC filing notes

Filing notes and footnotes

Section 16 status

Garry A. Nicholson is no longer subject to Section 16 filing requirements. Form 4 or Form 5 obligations may still apply in specific circumstances.

Explanation of responses 4 footnotes

Footnote F1

Pursuant to the terms of that certain Agreement and Plan of Merger (the "Merger Agreement"), dated as of August 6, 2024, among the Issuer, Pharmacosmos A/S, a Danish Aktieselskab ("Parent"), and Genesis Merger Sub, Inc. ("Purchaser"), an indirect wholly-owned subsidiary of Parent, Purchaser completed a tender offer for shares of common stock of the Issuer and thereafter merged with and into the Issuer (the "Merger"), effective as of September 18, 2024, with the Issuer surviving the Merger. At the effective time of the Merger (the "Effective Time"), each outstanding share of Issuer common stock was cancelled and converted into the right to receive $7.15 per share in cash, without interest and subject to any applicable withholding taxes (the "Merger Consideration").

Footnote F2

(Continued from footnote 1) Pursuant to the Merger Agreement, at the Effective Time, each outstanding deferred stock unit (whether vested or unvested) was deemed to have vested and was cancelled and automatically converted into the right to receive an amount in cash equal to the Merger Consideration.

Footnote F3

Pursuant to the Merger Agreement, at the Effective Time, each share of common stock held by the Reporting Person was tendered in exchange for the Merger Consideration.

Footnote F4

Pursuant to the Merger Agreement, at the Effective Time, each option to purchase shares of common stock (each "Stock Option") that was outstanding immediately prior to the Effective Time became fully vested and was cancelled at the Effective Time and converted into the right to receive an amount in cash equal to the product of (x) the total number of shares of common stock subject to such Stock Option immediately prior to the Effective Time multiplied by (y) the excess, if any, of the Merger Consideration over the applicable exercise price per share under such Stock Option.

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