Evoke Pharma Inc. (EVOK)

GARNER CAM L 🔴 sold 13.8K shares (3 derivative) of Evoke Pharma Inc (EVOK) at $5.41 Transaction Date: Dec 16, 2025 | Filing ID: 322643

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  • News bot Dec. 17, 2025, 9:04 p.m.

    🔍 GARNER CAM L (Executive)

    Company: Evoke Pharma Inc (EVOK)

    Report Date: 2025-12-16

    Transaction Summary:

    • Total transactions: 4
    • Derivative instruments: 3
    • Holdings reported: 0
    • Total shares sold: 13,850

    Detailed Transactions and Holdings:

    • Sold 2,330 shares of Common Stock (Direct)
      Date: 2025-12-16 | Code: U | equity_swap_involved: false | transaction_form_type: 4 | Footnotes: F1
    • Sold 1,479 shares of Stock Option (Right to Buy) at $5.41 per share (Derivative)
      Date: 2025-12-17 | Code: D | equity_swap_involved: false | transaction_form_type: 4 | Footnotes: F2, F2, F2
    • Sold 8,750 shares of Stock Option (Right to Buy) at $4.45 per share (Derivative)
      Date: 2025-12-17 | Code: D | equity_swap_involved: false | transaction_form_type: 4 | Footnotes: F2, F2, F2
    • Sold 1,291 shares of Stock Option (Right to Buy) at $3.453 per share (Derivative)
      Date: 2025-12-17 | Code: D | equity_swap_involved: false | transaction_form_type: 4 | Footnotes: F2, F2, F2

    Footnotes:

    • F1: On December 16, 2025, in connection with that certain Agreement and Plan of Merger, dated as of November 3, 2025 (the "Merger Agreement"), by and among the Issuer, QOL Medical, LLC ("Parent") and QOL-EOS Merger Sub, Inc., a wholly owned subsidiary of Parent ("Merger Sub" and together with Parent, the "Purchasers"), the Purchasers completed a tender offer to acquire all of the issued and outstanding shares of Common Stock of the Issuer in exchange for $11.00 per share in cash (the "Offer Price").
    • F2: After completion of the tender offer, Merger Sub merged with and into the Issuer, effective as of December 17, 2025 (the "Effective Time"), with the Issuer continuing as the surviving corporation and as a wholly owned subsidiary of Parent. Pursuant to the terms of the Merger Agreement, immediately prior to the Effective Time, each option to purchase shares of Common Stock ("Company Option") outstanding as of immediately prior to the Effective Time accelerated and became fully vested and was automatically canceled and terminated and converted into the right to receive, subject to the terms of the Merger Agreement, an amount in cash (without interest) equal to the product obtained by multiplying (i) the aggregate number of shares underlying such Company Option immediately prior to the Effective Time, by (ii) an amount equal to (x) the Offer Price, less (y) the per share exercise price of such Company Option.