SEC Form 3
FORM 3 UNITED STATES SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549

INITIAL STATEMENT OF BENEFICIAL OWNERSHIP OF SECURITIES

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*
Oldach David W.

(Last) (First) (Middle)
6320 QUADRANGLE DRIVE
SUITE 360

(Street)
CHAPEL HILL NC 27517

(City) (State) (Zip)
2. Date of Event Requiring Statement (Month/Day/Year)
01/08/2015
3. Issuer Name and Ticker or Trading Symbol
CEMPRA, INC. [ CEMP ]
4. Relationship of Reporting Person(s) to Issuer
(Check all applicable)
Director 10% Owner
X Officer (give title below) Other (specify below)
Chief Medical Officer
5. If Amendment, Date of Original Filed (Month/Day/Year)
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 Beneficially Owned
1. Title of Security (Instr. 4) 2. Amount of Securities Beneficially Owned (Instr. 4) 3. Ownership Form: Direct (D) or Indirect (I) (Instr. 5) 4. Nature of Indirect Beneficial Ownership (Instr. 5)
Common Stock 3,300 D
Table II - Derivative Securities Beneficially Owned
(e.g., puts, calls, warrants, options, convertible securities)
1. Title of Derivative Security (Instr. 4) 2. Date Exercisable and Expiration Date (Month/Day/Year) 3. Title and Amount of Securities Underlying Derivative Security (Instr. 4) 4. Conversion or Exercise Price of Derivative Security 5. Ownership Form: Direct (D) or Indirect (I) (Instr. 5) 6. Nature of Indirect Beneficial Ownership (Instr. 5)
Date Exercisable Expiration Date Title Amount or Number of Shares
Employee Stock Option (Right to Buy) (1) 12/31/2024 Common Stock 23,000 $23.51 D
Employee Stock Option (Right to Buy) (2) 01/07/2024 Common Stock 7,500 $13.1 D
Employee Stock Option (Right to Buy) (3) 03/06/2023 Common Stock 10,000 $6.64 D
Employee Stock Option (Right to Buy) (4) 01/17/2023 Common Stock 14,087 $6.63 D
Employee Stock Option (Right to Buy) (5) 03/20/2022 Common Stock 20,000 $7.47 D
Employee Stock Option (Right to Buy) (6) 02/28/2021 Common Stock 36,347 $2.28 D
Explanation of Responses:
1. The option vests according to the following schedule: 1/48th of the shares vest at the end of each month over 48 months, beginning after 01/01/2015.
2. The option vests according to the following schedule: 1/48th of the shares vest at the end of each month over 48 months, beginning after 01/01/2014.
3. The option vested according to the following schedule: 1/4th of the shares vest at the end of each quarter, beginning after 01/01/2013.
4. The option vested according to the following schedule: 1/4th of the shares vest at the end of each quarter, beginning after 01/01/2013.
5. The option vested on the one-year anniversary of the 03/21/2012 grant date.
6. The option vests according to the following schedule: 1/4th of the shares vest on the one-year anniversary of the 03/01/2011 grant date; 1/36th of the remaining shares vest at the end of each month over the next 36 months.
Remarks:
/s/ Alexander M. Donaldson, by Power of Attorney 01/13/2015
** Signature of Reporting Person Date
Reminder: Report on a separate line for each class of securities beneficially owned directly or indirectly.
* If the form is filed by more than one reporting person, see Instruction 5 (b)(v).
** Intentional misstatements or omissions of facts constitute Federal Criminal Violations See 18 U.S.C. 1001 and 15 U.S.C. 78ff(a).
Note: File three copies of this Form, one of which must be manually signed. If space is insufficient, see Instruction 6 for procedure.
Persons who respond to the collection of information contained in this form are not required to respond unless the form displays a currently valid OMB Number.