X0306 4 2014-08-21 0 0001425205 Lion Biotechnologies, Inc. LBIO 0001222014 HAWKINS ELMA 21900 BURBANK BLVD., THIRD FLOOR WOODLAND HILLS CA 91367 0 1 0 0 President & COO Stock Option (right to buy) 6.7 2014-08-21 4 A 0 125000 0 A 2024-08-21 Common Stock 125000 125000 D The option will vest as to 41,667 shares on August 21, 2015, and the remaining 83,333 shares will vest quarterly over the next two years after August 21, 2015, provided the Reporting Person is still providing services to the Issuer on the respective dates. /s/ Elma Hawkins 2014-09-17