Statement of Changes in Beneficial Ownership (4)
December 28 2020 - 06:24PM
Edgar (US Regulatory)
FORM 4
[ ]
Check this box if no longer subject to Section 16. Form 4 or Form 5
obligations may continue. See Instruction 1(b).
UNITED STATES SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549
STATEMENT OF CHANGES IN BENEFICIAL
OWNERSHIP OF SECURITIES
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OMB
APPROVAL
OMB Number: 3235-0287
Estimated average burden
hours per response... 0.5 |
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Filed pursuant to Section 16(a) of the
Securities Exchange Act of 1934 or Section 30(h) of the Investment
Company Act of 1940
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1. Name
and Address of Reporting Person * Simon Barry J. |
2. Issuer Name and Ticker or Trading
Symbol NantKwest, Inc. [ NK ] |
5. Relationship of Reporting Person(s) to Issuer
(Check all applicable)__X__
Director _____
10% Owner
__X__ Officer (give title
below) _____ Other
(specify below)
See remarks |
(Last)
(First)
(Middle)
C/O NANTKWEST, INC., 3530 JOHN HOPKINS COURT |
3. Date of Earliest Transaction (MM/DD/YYYY)
12/22/2020
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(Street)
SAN DIEGO, CA 92121
(City)
(State)
(Zip)
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4. If Amendment, Date Original Filed
(MM/DD/YYYY)
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6. Individual or Joint/Group Filing
(Check Applicable Line) _X _ Form filed by One Reporting Person
___ Form filed by More than One Reporting Person |
Table I - Non-Derivative Securities Acquired, Disposed of, or
Beneficially Owned
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1.Title of Security
(Instr. 3) |
2. Trans. Date |
2A. Deemed Execution Date, if any |
3. Trans. Code
(Instr. 8) |
4. Securities Acquired (A) or Disposed of (D)
(Instr. 3, 4 and 5) |
5. Amount of Securities Beneficially Owned Following
Reported Transaction(s)
(Instr. 3 and 4) |
6. Ownership Form: Direct (D) or Indirect (I)
(Instr. 4) |
7. Nature of Indirect Beneficial Ownership (Instr.
4) |
Code |
V |
Amount |
(A) or (D) |
Price |
Common Stock |
12/22/2020 |
|
M |
|
130000 |
A |
$1.9984 |
3300540 |
D |
|
Common Stock |
12/22/2020 |
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S(1) |
|
130000 |
D |
$18.0508 (2) |
3170540 |
D |
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Table II - Derivative Securities Beneficially Owned
(e.g., puts, calls, warrants, options, convertible
securities)
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1. Title of Derivate Security
(Instr. 3) |
2. Conversion or Exercise Price of Derivative
Security |
3. Trans. Date |
3A. Deemed Execution Date, if any |
4. Trans. Code
(Instr. 8) |
5. Number of Derivative Securities Acquired (A) or
Disposed of (D)
(Instr. 3, 4 and 5) |
6. Date Exercisable and Expiration Date |
7. Title and Amount of Securities Underlying
Derivative Security
(Instr. 3 and 4) |
8. Price of Derivative Security
(Instr. 5) |
9. Number of derivative Securities Beneficially
Owned Following Reported Transaction(s) (Instr. 4) |
10. Ownership Form of Derivative Security: Direct
(D) or Indirect (I) (Instr. 4) |
11. Nature of Indirect Beneficial Ownership (Instr.
4) |
Code |
V |
(A) |
(D) |
Date Exercisable |
Expiration Date |
Title |
Amount or Number of Shares |
Stock Option (right to buy) |
$1.9984 |
12/22/2020 |
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M |
|
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130000 |
(3) |
2/16/2025 |
Common Stock |
130000 |
$0.00 |
262120 |
D |
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Explanation of
Responses: |
(1) |
The sale of shares reported
on this Form 4 was effected pursuant to a Rule 10b5-1 trading plan
entered into by the reporting person on December 12,
2019. |
(2) |
Represents the weighted
average share price of an aggregate total of 130,000 shares sold in
the price range of $18.00 to $18.245 by the reporting person. The
reporting person undertakes to provide upon request by the
Commission staff, the issuer or a security holder of the issuer,
full information regarding the number of shares sold at each
separate price. |
(3) |
Subject to the reporting
person's continuing service, one twenty-fourth (1/24th) of the
shares subject to the option shall vest each month on the same day
as the vesting commencement date, such that the shares subject to
the option shall become fully vested and exercisable on the second
(2nd) anniversary of the vesting commencement date. The vesting
commencement date for this option is January 16, 2015. |
Remarks:
President and Chief Administrative Officer |
Reporting
Owners
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Reporting Owner Name / Address |
Relationships
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Director |
10% Owner |
Officer |
Other |
Simon Barry J.
C/O NANTKWEST, INC.
3530 JOHN HOPKINS COURT
SAN DIEGO, CA 92121 |
X |
|
See remarks |
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Signatures
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/s/ Sonja Nelson, as
Attorney-in-Fact |
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12/28/2020 |
**Signature of Reporting
Person |
Date |