0001209191-18-045282.txt : 20180803
0001209191-18-045282.hdr.sgml : 20180803
20180803162717
ACCESSION NUMBER: 0001209191-18-045282
CONFORMED SUBMISSION TYPE: 4
PUBLIC DOCUMENT COUNT: 1
CONFORMED PERIOD OF REPORT: 20180801
FILED AS OF DATE: 20180803
DATE AS OF CHANGE: 20180803
REPORTING-OWNER:
OWNER DATA:
COMPANY CONFORMED NAME: MCKENZIE W THORPE
CENTRAL INDEX KEY: 0001211462
FILING VALUES:
FORM TYPE: 4
SEC ACT: 1934 Act
SEC FILE NUMBER: 001-37347
FILM NUMBER: 18992147
MAIL ADDRESS:
STREET 1: 735 BROAD ST
STREET 2: STE 1105
CITY: CHATTANOOGA
STATE: TN
ZIP: 37402
ISSUER:
COMPANY DATA:
COMPANY CONFORMED NAME: XBiotech Inc.
CENTRAL INDEX KEY: 0001626878
STANDARD INDUSTRIAL CLASSIFICATION: PHARMACEUTICAL PREPARATIONS [2834]
IRS NUMBER: 000000000
STATE OF INCORPORATION: A1
FISCAL YEAR END: 1231
BUSINESS ADDRESS:
STREET 1: 8201 E. RIVERSIDE DRIVE
STREET 2: BUILDING 4, SUITE 100
CITY: AUSTIN
STATE: TX
ZIP: 78744
BUSINESS PHONE: 512-386-2930
MAIL ADDRESS:
STREET 1: 8201 E. RIVERSIDE DRIVE
STREET 2: BUILDING 4, SUITE 100
CITY: AUSTIN
STATE: TX
ZIP: 78744
4
1
doc4.xml
FORM 4 SUBMISSION
X0306
4
2018-08-01
0
0001626878
XBiotech Inc.
XBIT
0001211462
MCKENZIE W THORPE
8201 EAST RIVERSIDE DRIVE
BUILDING 4, SUITE 100
AUSTIN
TX
78744
1
0
1
0
Common Stock
2018-08-01
4
S
0
8163
4.2447
D
79962
I
Spouse
Common Stock
2018-08-02
4
S
0
30461
3.924
D
49501
I
Spouse
Common Stock
2018-08-03
4
S
0
23900
3.9619
D
25601
I
Spouse
Common Stock
11500
I
Trust
Common Stock
100000
I
Foundation
Common Stock
3898600
D
The price reported in Column 4 is a weighted average price. These shares were sold in multiple transactions at prices ranging from $4.14 to $4.41, inclusive. The reporting person undertakes to provide to XBIT, any security holder of XBIT, or the staff of the SEC, upon request, full information regarding the number of shares sold at each separate price within the ranges set forth in this footnote.
The price reported in Column 4 is a weighted average price. These shares were sold in multiple transactions at prices ranging from $3.70 to $4.17, inclusive. The reporting person undertakes to provide to XBIT, any security holder of XBIT, or the staff of the SEC, upon request, full information regarding the number of shares sold at each separate price within the ranges set forth in this footnote.
The price reported in Column 4 is a weighted average price. These shares were sold in multiple transactions at prices ranging from $3.815 to $4.04, inclusive. The reporting person undertakes to provide to XBIT, any security holder of XBIT, or the staff of the SEC, upon request, full information regarding the number of shares sold at each separate price within the ranges set forth in this footnote.
Effective June 29, 2018, W. Thorpe McKenzie (the "Reporting Person"), a Director of XBiotech, Inc. (the "Company"), and his spouse, Mrs. Sarah McKenzie, adopted a stock trading plan (the "10b5-1 Plan"). For personal tax and financial planning purposes, Mr. McKenzie presently intends to sell up to approximately 15% of his total holdings in the Company in monthly installments, beginning on July 30, 2018 and which will terminate on or before February 28, 2019. The 10b5-1 Plan was adopted in accordance with guidelines specified by Rule 10b5-1 under the Securities Exchange Act of 1934, as amended, and the Company's insider trading policies.
Rule 10b5-1 permits corporate officers, directors and others to adopt written, pre-arranged stock trading plans when they are not in possession of material, non-public information. Using these plans, insiders may gradually diversify their investment portfolios and spread stock trades over a period of time regardless of any material, non-public information they may receive after adopting their plans. In accordance with Rule 10b5-1, Mr. McKenzie will have no discretion over the sales of his shares of common stock under the plan. As reflected in this Form 4, the Reporting Person's spouse exercised and sold 11,875 shares of XBiotech Inc. common stock on the open market as part of this 10B5-1 trading plan.
/s/ Queena Han under Power of Attorney for W. Thorpe McKenzie
2018-08-03