Form Type: 4

SEC EDGAR Link
Accession Number:0001209191-22-046264
Date:2022-08-17
Issuer: TURNING POINT THERAPEUTICS, INC. (TPTX)
Original Submission Date:

Reporting Person:

HIRMAND MOHAMMAD
C/O TURNING POINT THERAPEUTICS, INC.
10628 SCIENCE CENTER DRIVE, STE. 200 SAN DIEGO, CA 92121

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
COMMON STOCK 2022-08-17 D 41,284 d $76.00 0 direct
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) 54.73 2022-08-17 deemed execution date D 169,192 (d) 2029-12-01 common stock 169,192 $54.73 0 direct
STOCK OPTION (RIGHT TO BUY) 140.01 2022-08-17 deemed execution date D 29,175 (d) 2031-02-07 common stock 29,175 $140.01 0 direct
STOCK OPTION (RIGHT TO BUY) 37.68 2022-08-17 deemed execution date D 68,367 (d) 2032-02-08 common stock 68,367 $37.68 0 direct
Footnotes
IDfootnote
f1 pursuant to the agreement and plan of merger (the "merger agreement"), dated as of june 2, 2022, by and among turning point therapeutics, inc. (the "issuer"), bristol-myers squibb company ("bms") and rhumba merger sub inc., a wholly owned subsidiary of bms ("purchaser"), on august 17, 2022, purchaser completed a tender offer for shares of common stock of the issuer (each, a "share") and thereafter merged with and into the issuer, with the issuer continuing as the surviving corporation and a wholly owned subsidiary of bms (the "merger"). at the effective time of the merger, each issued and outstanding share was cancelled in exchange for $76.00 per share in cash, without interest, subject to any applicable withholding of taxes (the "cash amount"). pursuant to the terms of the merger agreement, the shares were tendered and disposed of at the offer acceptance time (as defined in the merger agreement) in exchange for the right to receive the cash amount.
f2 at the effective time of the merger, pursuant to the merger agreement, each outstanding restricted stock unit award ("rsu") whether vested or unvested was cancelled and converted into the right to receive cash, without interest, in an amount equal to $76.00 per share issuable in settlement of such rsu immediately before the effective time of the merger, net of any withholding taxes required to be deducted and withheld by applicable law.
f3 includes 463 shares acquired on june 10, 2022 pursuant to the issuer's employee stock purchase plan.
f4 at the effective time of the merger, pursuant to the merger agreement, each outstanding option was accelerated and became fully vested and exercisable and was cancelled and converted into the right to receive cash, without interest, in an amount equal to the product of (i) the total number of shares subject to such option multiplied by (ii) the excess of (x) $76.00 per share over (y) the exercise price payable per share under such option, net of any withholding taxes required to be deducted and withheld by applicable law.
f5 at the effective time of the merger, pursuant to the merger agreement, each outstanding option with an exercise price equal to or greater than $76.00, was cancelled without any consideration in respect of such cancelled option.
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