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4//SEC Filing

BELOFF GREGG 4

Accession 0000899243-21-014456

CIK 0001807901other

Filed

Mar 31, 8:00 PM ET

Accepted

Apr 1, 7:53 PM ET

Size

6.0 KB

Accession

0000899243-21-014456

Insider Transaction Report

Form 4
Period: 2021-04-01
BELOFF GREGG
See Remarks
Transactions
  • Disposition from Tender

    Common Stock

    2021-04-01$60.00/sh13,196$791,7600 total(indirect: By LLC)
Footnotes (1)
  • [F1]Pursuant to the Agreement and Plan of Merger (the "Merger Agreement"), dated February 24, 2021, among Pandion Therapeutics, Inc. (the "Company"), Merck Sharp & Dohme Corp. ("Merck") and Panama Merger Sub, Inc. ("Merger Sub"), Merger Sub commenced a tender offer (the "Offer") to purchase all outstanding Company common stock for the price of $60.00 per share in cash (the "Offer Price"). On April 1, 2021, the Offer consummated, after which Merger Sub merged with and into the Company (the "Merger") and the Company became a wholly owned subsidiary of Merck. At the consummation of the Offer and the Merger, respectively, (i) Merger Sub purchased all shares of Company common stock that were validly tendered pursuant to the Offer for a cash payment equal to the Offer Price and (ii) all shares of Company common stock outstanding immediately prior to the effective time of the Merger (the "Effective Time"), were cancelled and converted automatically into the right to receive the Offer Price.

Issuer

Pandion Therapeutics, Inc.

CIK 0001807901

Entity typeother

Related Parties

1
  • filerCIK 0001171002

Filing Metadata

Form type
4
Filed
Mar 31, 8:00 PM ET
Accepted
Apr 1, 7:53 PM ET
Size
6.0 KB