Sec Form 4 Filing - Semerjian Harout @ IMMUNOMEDICS INC - 2020-04-16

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
Semerjian Harout
2. Issuer Name and Ticker or Trading Symbol
IMMUNOMEDICS INC [ IMMU]
5. Relationship of Reporting Person(s) to Issuer
(Check all applicable)
X __ Director _____ 10% Owner
X __ Officer (give title below) _____ Other (specify below)
President and CEO
(Last) (First) (Middle)
C/O IMMUNOMEDICS, INC., 300 THE AMERICAN ROAD
3. Date of Earliest Transaction (MM/DD/YY)
04/16/2020
(Street)
MORRIS PLAINS, NJ07950
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
Common Stock, $0.01 par value per share 04/16/2020( 1 ) A 50,075 ( 2 ) A $ 0 50,075 ( 2 ) 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
Stock option (right to buy) $ 19.97 04/16/2020 A 252,602 ( 3 ) 04/16/2027 Common Stock, Par value $0.01 per share 252,602 $ 0 252,602 D
Reporting Owners
Reporting Owner Name / Address Relationships
Director 10% Owner Officer Other
Semerjian Harout
C/O IMMUNOMEDICS, INC.
300 THE AMERICAN ROAD
MORRIS PLAINS, NJ07950
X President and CEO
Signatures
/s/ Harout Semerjian 04/20/2020
Signature of Reporting Person Date
Explanation of Responses:
( 1 )Harout Semerjian was granted restricted stock units pursuant to the Issuer's 2014 Long-Term Incentive Plan (the "Plan"). 1/2 of the restricted stock units vest on each of the first and second anniversary of the date of grant, subject to Mr. Semerjian's continued service as the Company's President and Chief Executive Officer.
( 2 )Includes restricted stock units that represent a contingent right to receive one share of the Issuer's common stock.
( 3 )Mr. Semerjian was granted stock options pursuant to the Plan. The stock options vest 25% on the first anniversary of the date of grant, and on a quarterly basis thereafter over a three year period.

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* If the form is filed by more than one reporting person, see Instruction 4(b)(v).
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