Filing Details
- Accession Number:
- 0000899243-20-020430
- Form Type:
- 4
- Zero Holdings:
- No
- Publication Time:
- 2020-07-24 19:03:05
- Reporting Period:
- 2020-07-22
- Accepted Time:
- 2020-07-24 19:03:05
- SEC Url:
- Form 4 Filing
Issuer
Cik | Name | Symbol | Sector (SIC) | IRS No |
---|---|---|---|---|
1274792 | Merrimack Pharmaceuticals Inc | MACK | () | UT |
Insiders
Cik | Name | Reported Address | Insider Title | Director | Officer | Large Shareholder | Other |
---|---|---|---|---|---|---|---|
1094201 | L Gary Crocker | C/O Merrimack Pharmaceuticals, Inc. One Broadway 14Th Floor Cambridge MA 02142 | See Remarks | Yes | Yes | No | No |
Reported Non-Derivative Transactions
Sec. Name | Acquisiton - Disposition | Date | Amount | Price | Remaning Holdings | Equity Swap Involved | Form Type | Code | Nature of Ownership | Explanation |
---|---|---|---|---|---|---|---|---|---|---|
Common Stock | Disposition | 2020-07-22 | 17,000 | $3.20 | 0 | No | 4 | S | Direct | |
Common Stock | Disposition | 2020-07-22 | 5,986 | $3.04 | 0 | No | 4 | S | Direct | |
Common Stock | Disposition | 2020-07-22 | 8,428 | $3.20 | 0 | No | 4 | S | Direct | |
Common Stock | Disposition | 2020-07-22 | 86,549 | $3.04 | 0 | No | 4 | S | Direct | |
Common Stock | Disposition | 2020-07-22 | 52,068 | $3.04 | 0 | No | 4 | S | Indirect | See Footnote |
Common Stock | Disposition | 2020-07-22 | 17,250 | $3.20 | 0 | No | 4 | S | Indirect | See Footnote |
Common Stock | Disposition | 2020-07-22 | 6,228 | $3.20 | 0 | No | 4 | S | Indirect | See Footnote |
Equity Swap Involved | Form Type | Code | Nature of Ownership | Explanation |
---|---|---|---|---|
No | 4 | S | Direct | |
No | 4 | S | Direct | |
No | 4 | S | Direct | |
No | 4 | S | Direct | |
No | 4 | S | Indirect | See Footnote |
No | 4 | S | Indirect | See Footnote |
No | 4 | S | Indirect | See Footnote |
Footnotes
- Shares held directly by Reporting Person.
- Shares held jointly with Reporting Person's wife.
- Shares held directly by Reporting Person's wife.
- Shares held by Crocker Family Investments, LLC, over which Reporting Person is the Managing Member.
- Shares held by Crocker Ventures, LLC, over which Reporting Person is the President and Managing Member.
- The sale of the securities referenced in this From 4 were conducted in a private transaction between Gary Crocker and certain family members and affiliates as the sellers and each of Western Standard Partners, L.P., Western Standard Partners QP, L.P., Newtyn Partners, LP, and Newton Partners TE, LP as the purchasers, regarding all shares of the Company over which he had dispositive control, along with the record owners of most of the shares of the Company over which Reporting Person had voting control. The purpose of the sale was to minimize tax liability by matching losses from these sales of Company stock with other investment gains. Gary Crocker is President and Chairman of Merrimack Pharmaceuticals, Inc. (the "Company"). Eric Andersen, a member of the Company's Board of Directors, is Managing Member of Western Standard LLC, the investment manager for each of Western Standard Partners L.P. and Western Standard Partners QP L.P.
- (continued from footnote 6) Noah Levy, a member of the Company's Board of Directors, is Managing Member of Newtyn Management, LLC, the investment manager for Newtyn Partners, LP, and Newton Partners TE, LP.