0001628280-25-009091.txt : 20250228
0001628280-25-009091.hdr.sgml : 20250228
20250228163627
ACCESSION NUMBER: 0001628280-25-009091
CONFORMED SUBMISSION TYPE: 4
PUBLIC DOCUMENT COUNT: 1
CONFORMED PERIOD OF REPORT: 20250227
FILED AS OF DATE: 20250228
DATE AS OF CHANGE: 20250228
REPORTING-OWNER:
OWNER DATA:
COMPANY CONFORMED NAME: Sibold William John
CENTRAL INDEX KEY: 0001518611
ORGANIZATION NAME:
FILING VALUES:
FORM TYPE: 4
SEC ACT: 1934 Act
SEC FILE NUMBER: 001-33277
FILM NUMBER: 25691070
MAIL ADDRESS:
STREET 1: C/O MADRIGAL PHARMACEUTICALS, INC., FOUR
STREET 2: TOWER BRIDGE, 200 BARR HARBOR DR STE 200
CITY: WEST CONSHOHOCKEN
STATE: PA
ZIP: 19428
ISSUER:
COMPANY DATA:
COMPANY CONFORMED NAME: MADRIGAL PHARMACEUTICALS, INC.
CENTRAL INDEX KEY: 0001157601
STANDARD INDUSTRIAL CLASSIFICATION: PHARMACEUTICAL PREPARATIONS [2834]
ORGANIZATION NAME: 03 Life Sciences
IRS NUMBER: 000000000
STATE OF INCORPORATION: DE
FISCAL YEAR END: 1231
BUSINESS ADDRESS:
STREET 1: 200 BARR HARBOR DRIVE, SUITE 400
CITY: WEST CONSHOHOCKEN
STATE: PA
ZIP: 19428
BUSINESS PHONE: 404-380-9263
MAIL ADDRESS:
STREET 1: 200 BARR HARBOR DRIVE, SUITE 400
CITY: WEST CONSHOHOCKEN
STATE: PA
ZIP: 19428
FORMER COMPANY:
FORMER CONFORMED NAME: SYNTA PHARMACEUTICALS CORP
DATE OF NAME CHANGE: 20010815
4
1
wk-form4_1740778579.xml
FORM 4
X0508
4
2025-02-27
0
0001157601
MADRIGAL PHARMACEUTICALS, INC.
MDGL
0001518611
Sibold William John
C/O MADRIGAL PHARMACEUTICALS, INC.
200 BARR HARBOR DRIVE, SUITE 200
WEST CONSHOHOCKEN
PA
19428
1
1
0
0
President and CEO
0
Common Stock
2025-02-27
4
M
0
50000
A
104303
D
Performance Restricted Stock Units
2025-02-27
4
M
0
50000
D
Common Stock
50000
0
D
On February 27, 2025, the Reporting Person earned 50,000 shares of common stock following the achievement of the performance and service conditions of the Performance Restricted Stock Units described in Footnote 2. Although the Issuer is irrevocably obligated to issue these shares to the Reporting Person, these shares will settle and be delivered to the Reporting Person on September 8, 2027, the fourth anniversary of the commencement of his employment with the Issuer.
On September 11, 2023, the Reporting Person was granted a one-time sign-on award of performance-based restricted stock units (PSUs) with a target award of 50,000 shares of common stock that can be earned upon the achievement of significant sustained stock price appreciation hurdles over a five-year period. The Reporting Person can earn up to 300% of the target award and is eligible to earn up to an additional 100,000 shares upon the achievement of sustained stock price appreciation hurdles. See the Issuer's Schedule 14A filed with the Securities and Exchange Commission on April 29, 2024 for additional information about the PSUs.
/s/ Mardi Dier, as Attorney-in-Fact
2025-02-28