Joseph J Buggy, Corvus Pharmaceuticals, Inc.'s EVP Discovery Research, has just filed an initial statement of beneficial ownership where 351,186 shares of Corvus Pharmaceuticals, Inc. were declared. This form is usually filed as a prelude to receiving options or buying company shares, so there may be more to come from Buggy. Buggy operates out of Burlingame, CA. Some additional info was provided as follows:
A portion of these shares is subject to a right of repurchase held by the Issuer.
These shares are held by Buggy / Cooper Living Trust dated June 25, 2014, Joseph J. Buggy / Anne Cooper Trustees (the "Buggy Trust"). Dr. Buggy has shared voting, investment and dispositive power over the shares held by the Buggy Trust.
The underlying shares subject to the option vest and become exercisable as to one-forty eighth (1/48th) of the shares subject to the option in successive, equal monthly installments measured from December 12, 2018, subject to Reporting Person's continued service relationship with the Issuer on each such vesting date.
The above information was disclosed in a filing to the SEC. To see the filing, click here.
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