SHERMAN MICHAEL A. (President and CEO) exercised options at ENDOCYTE INC

Option exercise — a mechanical event triggered by vesting or expiry. Not a discretionary conviction trade.

M · 9 exercises

SHERMAN MICHAEL A.

Filed: 12/19/2018ACC: 0001179110-18-014133

InsiderSHERMAN MICHAEL A.CIK 1509463

→

IssuerENDOCYTE INCCIK 1235007

DirectorOfficer· President and CEO

Since Oct 2018

-84.11K

Net shares

Net seller

$753.8K

Total acquired

Open market trades

0B · 0S

Total transactions

115.56K acquired · 199.67K disposed

Non-Derivative Transactions10

Common Stock

Direct

M · Option Exercise

+5.33K

Price / share

$2.54

Trade value

$13.54K

% of position

1.5%

12/17/2018

347.92K→353.25K

Common Stock

Direct

M · Option Exercise

+10.04K

Price / share

$2.54

Trade value

$25.49K

% of position

2.8%

12/17/2018

353.25K→363.28K

Common Stock

Direct

M · Option Exercise

+15.71K

Price / share

$3.82

Trade value

$60K

% of position

4.3%

12/17/2018

363.28K→378.99K

Common Stock

Direct

M · Option Exercise

+39.20K

Price / share

$9.05

Trade value

$354.76K

% of position

10.3%

12/17/2018

378.99K→418.19K

Common Stock

Direct

M · Option Exercise

+25K

Price / share

$3.55

Trade value

$88.76K

% of position

6.0%

12/17/2018

418.19K→443.19K

Common Stock

Direct

M · Option Exercise

+11.28K

Price / share

$9.86

Trade value

$111.23K

% of position

2.5%

12/17/2018

443.19K→454.47K

Common Stock

Direct

M · Option Exercise

+9K

Price / share

$11.11

Trade value

$99.99K

% of position

2.0%

12/17/2018

454.47K→463.47K

Common Stock

Direct

M · Option Exercise

+3.00

Price / share

$5.10

Trade value

$15.30

% of position

0.0%

12/17/2018

463.47K→463.48K

Common Stock

Direct

M · Option Exercise

+2.00

Price / share

$3.18

Trade value

$6.36

% of position

0.0%

12/17/2018

463.48K→463.48K

Common Stock

Direct

G · Gift

−84.11K

Price / share

—

Trade value

—

% of position

18.1%

12/17/2018

463.48K→379.37K

Total

Net shares

+31.45K

Net value

$753.78K

Security	Date	Type	Shares	Price / Share	Trade Value	% of Position	Held Before	Held After
Common Stock Direct	12/17/2018	M · Option Exercise	+5.33K	$2.54	$13.54K	1.5%	347.92K	353.25K
Common Stock Direct	12/17/2018	M · Option Exercise	+10.04K	$2.54	$25.49K	2.8%	353.25K	363.28K
Common Stock Direct	12/17/2018	M · Option Exercise	+15.71K	$3.82	$60K	4.3%	363.28K	378.99K
Common Stock Direct	12/17/2018	M · Option Exercise	+39.20K	$9.05	$354.76K	10.3%	378.99K	418.19K
Common Stock Direct	12/17/2018	M · Option Exercise	+25K	$3.55	$88.76K	6.0%	418.19K	443.19K
Common Stock Direct	12/17/2018	M · Option Exercise	+11.28K	$9.86	$111.23K	2.5%	443.19K	454.47K
Common Stock Direct	12/17/2018	M · Option Exercise	+9K	$11.11	$99.99K	2.0%	454.47K	463.47K
Common Stock Direct	12/17/2018	M · Option Exercise	+3.00	$5.10	$15.30	0.0%	463.47K	463.48K
Common Stock Direct	12/17/2018	M · Option Exercise	+2.00	$3.18	$6.36	0.0%	463.48K	463.48K
Common Stock Direct	12/17/2018	G · Gift	−84.11K	—	—	18.1%	463.48K	379.37K
Total			+31.45K		$753.78K

Derivative Transactions9

Stock Option (right to buy)

Direct

M · Option Exercise

Converts to

Common Stock

5.33K shares

−5.33K

Strike price

2.54

Held after

0.00

Exercisable

—

12/17/2018

Stock option (right to buy)

Direct

M · Option Exercise

Converts to

Common Stock

10.04K shares

−10.04K

Strike price

2.54

Held after

0.00

Exercisable

—

12/17/2018

Stock Option (right to buy)

Direct

M · Option Exercise

Converts to

Common Stock

15.71K shares

−15.71K

Strike price

3.82

Held after

0.00

Exercisable

—

12/17/2018

Stock Option (right to buy)

Direct

M · Option Exercise

Converts to

Common Stock

39.20K shares

−39.20K

Strike price

9.05

Held after

20.80K

Exercisable

—

12/17/2018

Stock option (right to buy)

Direct

M · Option Exercise

Converts to

Common Stock

25K shares

−25K

Strike price

3.55

Held after

75K

Exercisable

—

12/17/2018

Stock option (right to buy)

Direct

M · Option Exercise

Converts to

Common Stock

11.28K shares

−11.28K

Strike price

9.86

Held after

58.72K

Exercisable

—

12/17/2018

Stock option (right to buy)

Direct

M · Option Exercise

Converts to

Common Stock

9K shares

−9K

Strike price

11.11

Held after

36K

Exercisable

—

12/17/2018

Stock option (right to buy)

Direct

M · Option Exercise

Converts to

Common Stock

3.00 shares

−3.00

Strike price

5.10

Held after

86.25K

Exercisable

—

12/17/2018

Stock option (right to buy)

Direct

M · Option Exercise

Converts to

Common Stock

2.00 shares

−2.00

Strike price

3.18

Held after

86.25K

Exercisable

—

12/17/2018

Security	Converts To	Date	Type	Shares	Strike Price	Exercisable	Held After
Stock Option (right to buy) Direct	Common Stock5.33K shares	12/17/2018	M · Option Exercise	−5.33K	2.54	—	0.00
Stock option (right to buy) Direct	Common Stock10.04K shares	12/17/2018	M · Option Exercise	−10.04K	2.54	—	0.00
Stock Option (right to buy) Direct	Common Stock15.71K shares	12/17/2018	M · Option Exercise	−15.71K	3.82	—	0.00
Stock Option (right to buy) Direct	Common Stock39.20K shares	12/17/2018	M · Option Exercise	−39.20K	9.05	—	20.80K
Stock option (right to buy) Direct	Common Stock25K shares	12/17/2018	M · Option Exercise	−25K	3.55	—	75K
Stock option (right to buy) Direct	Common Stock11.28K shares	12/17/2018	M · Option Exercise	−11.28K	9.86	—	58.72K
Stock option (right to buy) Direct	Common Stock9K shares	12/17/2018	M · Option Exercise	−9K	11.11	—	36K
Stock option (right to buy) Direct	Common Stock3.00 shares	12/17/2018	M · Option Exercise	−3.00	5.10	—	86.25K
Stock option (right to buy) Direct	Common Stock2.00 shares	12/17/2018	M · Option Exercise	−2.00	3.18	—	86.25K

Non-Derivative Holdings (Post-Transaction)1

Common Stock

Indirect

Shares owned19.92K

Total

19.92K indirect19.92K

Security Title	Shares Owned	Ownership Type
Common Stock	19.92K	Indirect
Total	19.92K	19.92K indirect

Derivative Holdings (Post-Transaction)0

No derivative holdings reported