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Filing Details

Issuer

Cik	Name	Symbol	Sector (SIC)	IRS No
1412067	Oncothyreon Inc.	ONTY	Services-Commercial Physical & Biological Research (8731)	260868560

Insiders

Cik	Name	Reported Address	Insider Title	Director	Officer	Large Shareholder	Other
1471149	Ayer Capital Management, Lp	230 California, Suite 600 San Francisco CA 94111		No	No	Yes	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	2011-06-23	112,050	$0.00	3,014,138	No	4	J	Indirect	See footnote
Common Stock	Disposition	2011-06-23	28,900	$8.74	2,985,238	No	4	S	Indirect	See footnote

Equity Swap Involved	Form Type	Code	Nature of Ownership	Explanation
No	4	J	Indirect	See footnote
No	4	S	Indirect	See footnote

Footnotes

These securities are held by investment funds and a managed account, the investment advisor of which is Ayer Capital Management, LP (the "Advisor"). ACM Capital Partners, LLC (the "ACM") is the General Partner of the Advisor, Ayer Capital Parnters, LLC is the General Partner (the "GP") of the investment funds. Mr. Venkatesan is the managing member of ACM and the general partner of the GP.
Each of the Advisor, ACM, the GP, Ayer Capital Partners, LLC and Mr. Venkatesan disclaims beneficial ownership of these securities except to the extent of its or his pecuniary interest thereof, and the filing of this report shall not be deemed an admission of beneficial ownership for purposes of Section 16 or for any other purpose.
Distribution of common stock, with shares valued at $8.74 on June 23, 2011, by limited partnership to limited partners.