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4//SEC Filing

Lemkey John G 4

Accession 0001209191-20-047167

CIK 0001717452other

Filed

Aug 17, 8:00 PM ET

Accepted

Aug 18, 4:02 PM ET

Size

9.1 KB

Accession

0001209191-20-047167

Insider Transaction Report

Form 4
Period: 2020-08-14
Lemkey John G
Chief Financial Officer
Transactions
  • Award

    Common Stock

    2020-08-14$30.71/sh+38$1,1672,886 total
  • Award

    Employee Stock Option (Right to Buy)

    2020-08-14+3838 total
    Exercise: $36.13Exp: 2030-08-14Common Stock (38 underlying)
Holdings
  • Common Stock

    (indirect: By LP)
    14,075,269
Footnotes (3)
  • [F1]These shares were acquired on 08/14/2020 through the Odonate Therapeutics, Inc. 2017 Employee Stock Purchase Plan in a transaction that was exempt under both Rule 16b-3(d) and Rule 16b-3(c).
  • [F2]The securities are beneficially owned by Tang Capital Partners, LP ("TCP"). Tang Capital Management, LLC ("TCM") is the general partner of TCP. The shares reported as beneficially owned by TCP include a total of 154,285 shares of common stock that are held of record by Odonate Holdings, LLC ("Holdings"). Holdings has granted a proxy to TCP giving TCP the sole authority to vote such shares. John Lemkey is the Chief Operating Officer of Odonate Therapeutics, Inc., as well as Chief Operating Officer of TCM. Mr. Lemkey has a pecuniary interest in a portion of the shares beneficially held by TCP.
  • [F3]The stock options vest and become exercisable as follows: (i) 50% on the date of U.S. Food and Drug Administration ("FDA") approval of tesetaxel, Odonate's investigational product; (ii) 25% on the first anniversary of FDA approval of tesetaxel; and (iii) 25% on the second anniversary of FDA approval of tesetaxel. Vesting is subject to the Reporting Person's continued service to the Issuer through each vesting date.

Issuer

Odonate Therapeutics, Inc.

CIK 0001717452

Entity typeother

Related Parties

1
  • filerCIK 0001495904

Filing Metadata

Form type
4
Filed
Aug 17, 8:00 PM ET
Accepted
Aug 18, 4:02 PM ET
Size
9.1 KB