Home/Filings/4/0001209191-20-017232
4//SEC Filing

Driscoll Martin J 4

Accession 0001209191-20-017232

CIK 0001566373other

Filed

Mar 8, 8:00 PM ET

Accepted

Mar 9, 4:10 PM ET

Size

8.0 KB

Accession

0001209191-20-017232

Insider Transaction Report

Form 4
Period: 2020-03-05
Driscoll Martin J
DirectorPresident and CEO
Transactions
  • Award

    Stock Option (Right to Buy)

    2020-03-05+40,00040,000 total
    Exercise: $1.41Exp: 2030-03-04Common Stock (40,000 underlying)
  • Award

    Restricted Stock Units

    2020-03-05+40,00040,000 total
    Common Stock (40,000 underlying)
Footnotes (3)
  • [F1]This option was granted on March 5, 2020, with 25% of the shares subject to the option vesting on March 5, 2021 and the remaining 75% of the shares subject to the option vesting in 36 equal monthly installments thereafter.
  • [F2]Each restricted stock unit represents a contingent right to receive one share of Spring Bank Pharmaceuticals, Inc. common stock.
  • [F3]The restricted stock units will vest in two installments. Fifty percent will vest on March 5, 2021 and the remaining fifty percent will vest on December 31, 2021.

Issuer

Spring Bank Pharmaceuticals, Inc.

CIK 0001566373

Entity typeother

Related Parties

1
  • filerCIK 0001339402

Filing Metadata

Form type
4
Filed
Mar 8, 8:00 PM ET
Accepted
Mar 9, 4:10 PM ET
Size
8.0 KB