0000950170-24-137543.txt : 20241217
0000950170-24-137543.hdr.sgml : 20241217
20241217205417
ACCESSION NUMBER: 0000950170-24-137543
CONFORMED SUBMISSION TYPE: 4
PUBLIC DOCUMENT COUNT: 1
CONFORMED PERIOD OF REPORT: 20241213
FILED AS OF DATE: 20241217
DATE AS OF CHANGE: 20241217
REPORTING-OWNER:
OWNER DATA:
COMPANY CONFORMED NAME: ROBIN HOWARD W
CENTRAL INDEX KEY: 0001206869
ORGANIZATION NAME:
FILING VALUES:
FORM TYPE: 4
SEC ACT: 1934 Act
SEC FILE NUMBER: 000-24006
FILM NUMBER: 241557432
ISSUER:
COMPANY DATA:
COMPANY CONFORMED NAME: NEKTAR THERAPEUTICS
CENTRAL INDEX KEY: 0000906709
STANDARD INDUSTRIAL CLASSIFICATION: PHARMACEUTICAL PREPARATIONS [2834]
ORGANIZATION NAME: 03 Life Sciences
IRS NUMBER: 943134940
STATE OF INCORPORATION: DE
FISCAL YEAR END: 1231
BUSINESS ADDRESS:
STREET 1: 455 MISSION BAY BOULEVARD SOUTH
CITY: SAN FRANCISCO
STATE: CA
ZIP: 94158
BUSINESS PHONE: 4154825300
MAIL ADDRESS:
STREET 1: 455 MISSION BAY BOULEVARD SOUTH
CITY: SAN FRANCISCO
STATE: CA
ZIP: 94158
FORMER COMPANY:
FORMER CONFORMED NAME: INHALE THERAPEUTIC SYSTEMS INC
DATE OF NAME CHANGE: 19980723
FORMER COMPANY:
FORMER CONFORMED NAME: INHALE THERAPEUTIC SYSTEMS
DATE OF NAME CHANGE: 19940303
4
1
ownership.xml
4
X0508
4
2024-12-13
0000906709
NEKTAR THERAPEUTICS
NKTR
0001206869
ROBIN HOWARD W
C/O NEKTAR THERAPEUTICS
455 MISSION BAY BLVD SOUTH
SAN FRANCISCO
CA
94158
true
true
false
false
President & CEO
false
Common Stock
2024-12-13
4
A
false
410625
0
A
1242705
D
Common Stock
410
I
by spouse
Stock Option
4.91
2024-12-13
4
A
false
821250
0
A
2030-08-14
Common Stock
821250
821250
D
Stock Option
1.01
2024-12-13
4
A
false
1300000
0
A
2032-12-12
Common Stock
1300000
1300000
D
Common stock was acquired pursuant to a grant of restricted stock units ("RSU"). Each RSU awarded represents a contingent right to receive, upon vesting of the unit, one share of Common Stock of the Issuer. These RSUs were granted on August 15, 2022 under the Issuer's Amended and Restated 2017 Performance Incentive Plan (the "2017 Plan") and at the time of their grant were subject to both performance-based and time-based vesting requirements. The time-based vesting is on a quarterly pro-rata basis over a period of three years from the date of grant.
The Organization and Compensation Committee of the Board of Directors of the Issuer ("Compensation Committee") determined on November 18, 2024 that the performance-based vesting requirement for these RSUs was satisfied and these RSUs vested on December 13, 2024 (subject to remaining time-based vesting requirements).
These stock options were granted on August 15, 2022 under the 2017 Plan and at the time of their grant were subject to both performance-based and time-based vesting requirements. The time-based vesting is on a monthly pro-rata basis over a period of three years from the date of grant.
The Compensation Committee determined on November 18, 2024 that the performance-based vesting requirement for these stock options was satisfied and these stock options vested on December 13, 2024 (subject to remaining time-based vesting requirements).
Stock options vest over four years from the date of grant, (December 13, 2024) in equal monthly installments based on continued service.
Mark A. Wilson, Attorney-in-Fact
2024-12-17