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	OMB APPROVAL OMB Number: 3235-0287 Estimated average burden hours per response: 0.5
	Check this box if no longer subject to Section 16. Form 4 or Form 5 obligations may continue. See Instruction 1(b).

1. Name and Address of Reporting Person* CPMG Inc (Last) (First) (Middle) 2000 MCKINNEY AVE., STE 2125 (Street) DALLAS TX 75201 (City) (State) (Zip)	2. Issuer Name and Ticker or Trading Symbol REATA PHARMACEUTICALS INC [ RETA ]	5. Relationship of Reporting Person(s) to Issuer (Check all applicable) X Director X 10% Owner Officer (give title below) Other (specify below)
	3. Date of Earliest Transaction (Month/Day/Year) 11/18/2019
	4. If Amendment, Date of Original Filed (Month/Day/Year)	6. Individual or Joint/Group Filing (Check Applicable Line) X 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
Class A common stock	11/18/2019		P		7,104	A	$183	116,512	I(1)	By Nighthawk Partners, LP(1)
Class A common stock	11/18/2019		P		328	A	$183	282,246	I(1)	By Willet Fund, LP(1)
Class A common stock	11/18/2019		P		27,322	A	$183	137,962	I(1)	By Killdeer Fund, LP(1)
Class A common stock	11/18/2019		P		5,464	A	$183	5,464	I(1)	By Elepaio Partners, LP(1)
Class A common stock								44,200	I(1)	By Barred Owl Partners, LP(1)
Class A common stock								34,897	I(1)	By Managed Account for Trustees of the University of Pennsylvania(1)
Class A common stock								442,560	I(1)	By Gallopavo, LP(1)
Class A common stock								748,253	I(1)	By Roadrunner Fund, LP(1)
Class A common stock								103,185	I(1)	By Blackwell Partners LLC(1)
Class A common stock								431,155	I(1)	By Yellow Warbler, LP(1)
Class A common stock								109,415	I(1)	By Mallard Fund, LP(1)
Class A common stock								37,909	I(1)	By Crested Crane, LP(1)
Class A common stock								63,481	I(1)	By Flamingo Fund, LP(1)
Class A common stock								334,740	I(1)	By Sandpiper Fund, LP(1)
Class A common stock								160,265	I(1)	By Kestrel Fund, LP(1)
Class A common stock								11,076	I(1)	By CD Fund, LP(1)
Class A common stock								134	I(1)	By Redbird Life Sciences Partners, LP(1)
Class A common stock								113	D

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

Explanation of Responses:

1. The Reporting Person is the investment manager of each of: Nighthawk Partners, LP; Killdeer Fund, LP; Willet Fund, LP; Elepaio Partners, LP; Barred Owl Partners, LP; Blackwell Partners LLC; Crested Crane, LP; Flamingo Fund, LP; Gallopavo, LP; Roadrunner Fund, LP; Sandpiper Fund, LP; Mallard Fund, LP; Yellow Warbler, LP; Kestrel Fund, LP; CD Fund, LP; Redbird Life Sciences Partners, LP; and a managed account for Trustees of the University of Pennsylvania. The Reporting Person disclaims beneficial ownership of the shares except to the extent of its pecuniary interest therein, if any, and this report shall not be deemed an admission that the Reporting Person is the beneficial owner of the shares for purposes of Section 16 of the Securities Exchange Act of 1934, as amended, or for any other purpose.

Remarks:

Mr. McGaughy, Jr., a co-director and co-shareholder of the Reporting Person, serves on the Issuer's Board of Directors (the "Board") as a representative of the Reporting Person. By virtue of his representation on the Board, for purposes of Section 16 of the Securities Exchange Act of 1934, as amended, the Reporting Person is deemed to be a director by deputization.

	/s/ John Bateman, Chief Operating Officer of CPMG, Inc.	11/18/2019
	** Signature of Reporting Person	Date
Reminder: Report on a separate line for each class of securities beneficially owned directly or indirectly.
* If the form is filed by more than one reporting person, see Instruction 4 (b)(v).
** Intentional misstatements or omissions of facts constitute Federal Criminal Violations See 18 U.S.C. 1001 and 15 U.S.C. 78ff(a).
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