SEC FORM 4 SEC Form 4
FORM 4 UNITED STATES SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549

STATEMENT OF CHANGES IN BENEFICIAL OWNERSHIP

Filed pursuant to Section 16(a) of the Securities Exchange Act of 1934
or Section 30(h) of the Investment Company Act of 1940
 
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1. Name and Address of Reporting Person*
Abdollahian Neil

(Last) (First) (Middle)
C/O BOUNDLESS BIO, INC.
9880 CAMPUS POINT DRIVE, SUITE 120

(Street)
SAN DIEGO CA 92121

(City) (State) (Zip)
2. Issuer Name and Ticker or Trading Symbol
Boundless Bio, Inc. [ BOLD ]
5. Relationship of Reporting Person(s) to Issuer
(Check all applicable)
Director 10% Owner
checkbox checked Officer (give title below) Other (specify below)
Chief Business Officer
3. Date of Earliest Transaction (Month/Day/Year)
08/19/2024
4. If Amendment, Date of Original Filed (Month/Day/Year)
6. Individual or Joint/Group Filing (Check Applicable Line)
checkbox checked Form filed by One Reporting Person
Form filed by More than One Reporting Person
Table I - Non-Derivative Securities Acquired, Disposed of, or Beneficially Owned
1. Title of Security (Instr. 3) 2. Transaction Date (Month/Day/Year) 2A. Deemed Execution Date, if any (Month/Day/Year) 3. Transaction Code (Instr. 8) 4. Securities Acquired (A) or Disposed Of (D) (Instr. 3, 4 and 5) 5. Amount of Securities Beneficially Owned Following Reported Transaction(s) (Instr. 3 and 4) 6. Ownership Form: Direct (D) or Indirect (I) (Instr. 4) 7. Nature of Indirect Beneficial Ownership (Instr. 4)
Code V Amount (A) or (D) Price
Table II - Derivative Securities Acquired, Disposed of, or Beneficially Owned
(e.g., puts, calls, warrants, options, convertible securities)
1. Title of Derivative Security (Instr. 3) 2. Conversion or Exercise Price of Derivative Security 3. Transaction Date (Month/Day/Year) 3A. Deemed Execution Date, if any (Month/Day/Year) 4. Transaction Code (Instr. 8) 5. Number of Derivative Securities Acquired (A) or Disposed of (D) (Instr. 3, 4 and 5) 6. Date Exercisable and Expiration Date (Month/Day/Year) 7. Title and Amount of Securities Underlying Derivative Security (Instr. 3 and 4) 8. Price of Derivative Security (Instr. 5) 9. Number of derivative Securities Beneficially Owned Following Reported Transaction(s) (Instr. 4) 10. Ownership Form: Direct (D) or Indirect (I) (Instr. 4) 11. Nature of Indirect Beneficial Ownership (Instr. 4)
Code V (A) (D) Date Exercisable Expiration Date Title Amount or Number of Shares
Stock Option $4.1 08/19/2024 D 82,051 (1) 09/14/2031 Common Stock 82,051 (2) 0 D
Stock Option $4.1 08/19/2024 D 19,948 (3) 12/05/2031 Common Stock 19,948 (2) 0 D
Stock Option $4.1 08/19/2024 D 54,871 (4) 06/12/2033 Common Stock 54,871 (2) 0 D
Stock Option $8.19 08/19/2024 D 36,852 (5) 02/14/2034 Common Stock 36,852 (2) 0 D
Stock Option $16 08/19/2024 D 23,191 (6) 03/26/2034 Common Stock 23,191 (2) 0 D
Stock Option $3.56(7) 08/19/2024 A 82,051 (1) 09/14/2031 Common Stock 82,051 (2) 82,051 D
Stock Option $3.56(7) 08/19/2024 A 19,948 (3) 12/05/2031 Common Stock 19,948 (2) 19,948 D
Stock Option $3.56(7) 08/19/2024 A 54,871 (4) 06/12/2033 Common Stock 54,871 (2) 54,871 D
Stock Option $3.56(7) 08/19/2024 A 36,852 (5) 02/14/2034 Common Stock 36,852 (2) 36,852 D
Stock Option $3.56(7) 08/19/2024 A 23,191 (6) 03/26/2034 Common Stock 23,191 (2) 23,191 D
Explanation of Responses:
1. The stock option vested as to 25% of the underlying shares on August 9, 2022, and vests as to the remaining underlying shares in 36 substantially equal monthly installments thereafter.
2. On August 19, 2024, the Issuer repriced the option. Except as described further in footnote 7, all other terms of the option remain unchanged.
3. The stock option vests in 48 substantially equal monthly installments beginning on January 6, 2022.
4. The stock option vests in 48 substantially equal monthly installments beginning on July 13, 2023.
5. The stock option vests in 48 substantially equal monthly installments beginning on March 15, 2024.
6. The stock option vests in 48 substantially equal monthly installments beginning on April 27, 2024.
7. The exercise price of the option is $3.56 per share, representing the fair market value per share of the common stock on the date of the repricing; provided that the exercise price will be increased to the original exercise price before repricing if, prior to the "premium end date" (as defined below), the repriced option is exercised or the reporting person's employment is terminated for any reason other than a "qualifying termination" (as defined below). The "premium end date" means the earliest of: (i) August 19, 2026, (ii) the date immediately prior to the closing of a change in control, or (iii) the date of the employee's qualifying termination. A "qualifying termination" means (a) the involuntary termination of the employee's employment by the Company due to a reduction in force (and other than for cause), or (b) the employee's termination due to death or disability.
/s/ Jessica Oien, Attorney-in-Fact for Neil Abdollahian 08/20/2024
** Signature of Reporting Person Date
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