Form Type: 4

SEC EDGAR Link
Accession Number:0001104659-21-026880
Date:2021-02-19
Issuer: IGM BIOSCIENCES, INC. (IGMS)
Original Submission Date:

Reporting Person:

LEE MICHAEL STEWART
C/O REDMILE GROUP, LLC
ONE LETTERMAN DR., BLDG. D, SUITE D3-300 SAN FRANCISCO, CA 94129

Non-Derivative Securities Acquired, Disposed of, or Beneficially Owned
Title of SecurityTransaction Date2a. Deemed Execution Date Transaction CodeSharesAcquired or DisposedPrice per share 5. Amount of Securities Beneficially Owned Following Reported Transaction 6. Ownership Form Direct or IndirectNature of Indirect Ownership
Derivative Securities Acquired, Disposed of, or Beneficially Owned
(e.g., puts, calls, warrants, convertible securities
Title of Derivative Security Conversion or Exercise Price of Derivative Security Transaction Date Deemed Execution Date Transaction Code Number of Derivative Securities Acquired (A) or Disposed of (D) Date ExercisableExpiration Date Title and Amount of Securities Underlying Derivative Security Price of Derivative Security Number of derivative Securities Beneficially Owned Following Reported Transaction(s) Ownership Form: Direct (D) or Indirect (I) Nature of Indirect Beneficial Ownership
STOCK OPTION (RIGHT TO BUY) 91.5 2021-02-19 deemed execution date A 6,423 (a) 2031-02-19 common stock 6,423 $91.50 6,423 direct
Footnotes
IDfootnote
f1 1/12th of the shares subject to the option shall vest each month following the issuer's 2021 annual meeting of stockholders on the same day of the month, subject to the reporting person's continued service to the issuer through each applicable vesting date; provided, however, if the issuer's 2022 annual meeting of stockholders is prior to the one-year anniversary of the issuer's 2021 annual meeting of stockholders, then the shares subject to the option will be fully vested as of the date of the issuer's 2022 annual meeting of stockholders.
f2 the stock option was granted to mr. lee in connection with his service as a member of the board of directors of the issuer. mr. lee, a managing director of redmile group, llc ("redmile"), was elected to the board of the issuer as a representative of redmile. pursuant to the policies of redmile, mr. lee holds this stock option as a nominee on behalf, and for the sole benefit, of redmile and has assigned all economic, pecuniary and voting rights in respect of the stock option to redmile. mr. lee disclaims beneficial ownership of the stock option, and the filing of this form 4 shall not be deemed an admission that mr. lee is the beneficial owner of the securities for purposes of section 16 of the securities exchange act of 1934, as amended, or for any other purpose.
f3 the stock option may also be deemed beneficially owned by jeremy green as the principal of redmile. redmile and mr. green disclaim beneficial ownership of the stock option except to the extent of their pecuniary interest therein, and this form 4 shall not be deemed an admission that redmile or mr. green is the beneficial owner of the securities for purposes of section 16 of the securities exchange act of 1934, as amended, or for any other purpose.
f4 mr. lee was elected to the board of directors of the issuer as a representative of redmile. as a result, redmile and mr. green are directors by deputization for purposes of section 16 of the securities exchange act of 1934, as amended.
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