Sec Form 4 Filing - CPMG Inc @ REATA PHARMACEUTICALS INC - 2017-06-22

Insider filing report for Changes in Beneficial Ownership
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FORM 4
Check this box if no longer subject to Section 16. Form 4 or Form 5 obligations may continue. See Instruction 1(b).
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, Section 17(a) of the Public Utility Holding Company Act of 1935 or Section 30(h) of the Investment Company Act of 1940
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1. Name and Address of Reporting Person
CPMG Inc
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)
(Last) (First) (Middle)
2000 MCKINNEY AVE., STE 2125
3. Date of Earliest Transaction (MM/DD/YY)
06/22/2017
(Street)
DALLAS, TX75201
4. If Amendment, Date Original Filed (MM/DD/YY)
6. Individual or Joint/Group Filing (Check Applicable Line)
__ X __ Form filed by One Reporting Person
_____ Form filed by More than One Reporting Person
(City) (State) (Zip)
Table I - Non-Derivative Securities Acquired, Disposed of, or Beneficially Owned
1.Title of Security
(Instr. 3)
2. Transaction Date (MM/DD/YY) 2A. Deemed Execution Date, if any (MM/DD/YY) 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 06/22/2017 C 211,708 A 442,560 I ( 2 ) By Gallopavo, LP ( 2 )
Class A common stock 06/22/2017 C 386,285 A 697,032 I ( 2 ) By Roadrunner Fund, LP ( 2 )
Class A common stock 06/22/2017 C 33,656 A 86,925 I ( 2 ) By Blackwell Partners LLC - Series A ( 2 )
Class A common stock 06/22/2017 C 110,640 A 110,640 I ( 2 ) By Killdeer Fund, LP ( 2 )
Class A common stock 109,415 I ( 2 ) By Mallard Fund, LP ( 2 )
Class A common stock 333,533 I ( 2 ) By Yellow Warbler, LP ( 2 )
Class A common stock 280,500 I ( 2 ) By Willet Fund, LP ( 2 )
Class A common stock 37,909 I ( 2 ) By Crested Crane, LP ( 2 )
Class A common stock 63,481 I ( 2 ) By Flamingo Fund, LP ( 2 )
Class A common stock 334,740 I ( 2 ) By Sandpiper Fund, LP ( 2 )
Class A common stock 160,265 I ( 2 ) By Kestrel Fund, LP ( 2 )
Class A common stock 11,076 I ( 2 ) By CD Fund, LP ( 2 )
Class A common stock 134 I ( 2 ) By Redbird Life Sciences Partners, LP ( 2 )
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 (MM/DD/YY) 3A. Deemed Execution Date, if any (MM/DD/YY) 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
(MM/DD/YY)
7. Title and Amount of Underlying Securities
(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 of Derivative Security: 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
Class B Common Stock ( 1 ) 06/22/2017 P 102,120 ( 1 ) ( 1 ) Class A Common Stock 102,120 $ 25 ( 3 ) 114,946 I By Willet Fund, LP ( 2 )
Class B Common Stock ( 1 ) 06/22/2017 P 355,591 ( 1 ) ( 1 ) Class A Common Stock 355,591 $ 25 ( 3 ) 993,929 I By Yellow Warbler, LP ( 2 )
Class B Common Stock ( 4 ) 06/22/2017 P 211,708 ( 4 ) ( 4 ) Class A Common Stock 211,708 $ 25 ( 3 ) 211,708 I By Gallopavo, LP ( 2 )
Class B Common Stock ( 4 ) 06/22/2017 P 386,285 ( 4 ) ( 4 ) Class A Common Stock 386,285 $ 25 ( 3 ) 386,285 I By Roadrunner Fund, LP ( 2 )
Class B Common Stock ( 4 ) 06/22/2017 P 33,656 ( 4 ) ( 4 ) Class A Common Stock 33,656 $ 25 ( 3 ) 33,656 I By Blackwell Partners LLC - Series A ( 2 )
Class B Common Stock ( 4 ) 06/22/2017 P 110,640 ( 4 ) ( 4 ) Class A Common Stock 110,640 $ 25 ( 3 ) 110,640 I By Killdeer Fund, LP ( 2 )
Class B Common Stock ( 4 ) 06/22/2017 C 211,708 ( 4 ) ( 4 ) Class A Common Stock 211,708 $ 0 ( 4 ) 0 I By Gallopavo, LP ( 2 )
Class B Common Stock ( 4 ) 06/22/2017 C 386,285 ( 4 ) ( 4 ) Class A Common Stock 386,285 $ 0 ( 4 ) 0 I By Roadrunner Fund, LP ( 2 )
Class B Common Stock ( 4 ) 06/22/2017 C 33,656 ( 4 ) ( 4 ) Class A Common Stock 33,656 $ 0 ( 4 ) 0 I By Blackwell Partners LLC - Series A ( 2 )
Class B Common Stock ( 4 ) 06/22/2017 C 110,640 ( 4 ) ( 4 ) Class A Common Stock 110,640 $ 0 ( 4 ) 0 I By Killdeer Fund, LP ( 2 )
Class B Common Stock ( 1 ) ( 1 ) ( 1 ) Class A Common Stock 150,186 150,186 I By Mallard Fund, LP ( 2 )
Class B Common Stock ( 1 ) ( 1 ) ( 1 ) Class A Common Stock 307,776 307,776 I By Kestrel Fund, LP ( 2 )
Class B Common Stock ( 1 ) ( 1 ) ( 1 ) Class A Common Stock 123,379 123,379 I By CD Fund, LP ( 2 )
Class B Common Stock ( 1 ) ( 1 ) ( 1 ) Class A Common Stock 1,490 1,490 I By Redbird Life Sciences Partners, LP ( 2 )
Class B Common Stock ( 1 ) ( 1 ) ( 1 ) Class A Common Stock 1,251 1,251 D
Reporting Owners
Reporting Owner Name / Address Relationships
Director 10% Owner Officer Other
CPMG Inc
2000 MCKINNEY AVE., STE 2125
DALLAS, TX75201
X X
Signatures
/s/ John Bateman, Chief Operating Officer of CPMG, Inc. 06/23/2017
Signature of Reporting Person Date
Explanation of Responses:
( 1 )These shares of Class B common stock are convertible into Class A common stock on a one-for-one basis at the holder's election at any time for no additional consideration, and have no expiration date.
( 2 )The Reporting Person is the investment manager of each of: Killdeer Fund, LP; Blackwell Partners LLC - Series A; Crested Crane, LP; Flamingo Fund, LP; Gallopavo, LP; Roadrunner Fund, LP; Sandpiper Fund, LP; Mallard Fund, LP; Yellow Warbler, LP; Kestrel Fund, LP; Willet Fund, LP; CD Fund, LP; and Redbird Life Sciences Partners, LP. 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.
( 3 )These shares of Class B common stock were acquired in a private transaction with another Class B shareholder pursuant to a purchase agreement dated June 22, 2017 (the "Private Transaction").
( 4 )Because none of Blackwell Partners LLC - Series A, Gallopavo, LP, Roadrunner Fund, LP and Killdeer Fund, LP were holders of shares of Class B common stock at the time of the Private Transaction, then, pursuant to Section 4.4(b) of the Issuer's Thirteenth Amended and Restated Certificate of Incorporation, these shares of Class B common stock automatically convert into shares of Class A common stock in connection with the Private Transaction, on a one-for-one basis and for no additional consideration.

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.

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