0001347166-11-000004.txt : 20110518
0001347166-11-000004.hdr.sgml : 20110518
20110518184013
ACCESSION NUMBER: 0001347166-11-000004
CONFORMED SUBMISSION TYPE: 4
PUBLIC DOCUMENT COUNT: 1
CONFORMED PERIOD OF REPORT: 20110516
FILED AS OF DATE: 20110518
DATE AS OF CHANGE: 20110518
REPORTING-OWNER:
OWNER DATA:
COMPANY CONFORMED NAME: Yonehiro Grant
CENTRAL INDEX KEY: 0001428666
FILING VALUES:
FORM TYPE: 4
SEC ACT: 1934 Act
SEC FILE NUMBER: 000-28401
FILM NUMBER: 11856012
MAIL ADDRESS:
STREET 1: C/O MAXYGEN, INC.
STREET 2: 515 GALVESTON DRIVE
CITY: REDWOOD CITY
STATE: CA
ZIP: 94063
ISSUER:
COMPANY DATA:
COMPANY CONFORMED NAME: MAXYGEN INC
CENTRAL INDEX KEY: 0001068796
STANDARD INDUSTRIAL CLASSIFICATION: SERVICES-COMMERCIAL PHYSICAL & BIOLOGICAL RESEARCH [8731]
IRS NUMBER: 770449487
STATE OF INCORPORATION: DE
FISCAL YEAR END: 1231
BUSINESS ADDRESS:
STREET 1: 515 GALVESTON DRIVE
CITY: REDWOOD CITY
STATE: CA
ZIP: 94063
BUSINESS PHONE: 6502985300
MAIL ADDRESS:
STREET 1: 515 GALVESTON DRIVE
CITY: REDWOOD CITY
STATE: CA
ZIP: 94063
4
1
edgar.xml
PRIMARY DOCUMENT
X0303
4
2011-05-16
1
0001068796
MAXYGEN INC
MAXY
0001428666
Yonehiro Grant
C/O MAXYGEN, INC.
515 GALVESTON DRIVE
REDWOOD CITY
94063
0
1
0
0
Senior Vice President
Common Stock
2011-05-16
4
M
0
19800
A
101876
D
Common Stock
2011-05-16
4
D
0
19800
D
82076
D
Common Stock
4175
I
Held by Maxygen, Inc. 401(k) plan
Performance Units
2011-05-16
4
M
0
19800
0
D
Common Stock
19800
0
D
In connection with the acquisition by Astellas Bio Inc. of all of the issuer's equity interest in Perseid Therapeutics LLC, a portion of the contingent performance units held by the reporting person vested and were settled by the issuer entirely in cash. Each vested contingent performance unit represented the right to receive one share of issuer common stock plus all qualifying dividend payments and other distributions to stockholders on a per share basis (or the value thereof). All remaining unvested contingent performance units held by the reporting person expired immediately upon settlement.
The value of each vested contingent performance unit is equal to the per share price of common stock of the issuer as of the May 16, 2011 closing date of the acquisition by Astellas Bio Inc. of all of the issuer's equity interest in Perseid Therapeutics LLC ($5.10), plus the value of the per share amount of the special cash distribution and the distribution of shares of Codexis, Inc. common stock by the issuer in December 2010.
/s/ John Borkholder - Attorney-in-fact
2011-05-18