Turning Point Therapeutics (TPTX) Form 4 Turning Point Therapeutics / Brian Lee Baker ownership change

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^*

Baker Brian Lee

(Last) (First) (Middle)

C/O TURNING POINT THERAPEUTICS, INC.

10628 SCIENCE CENTER DRIVE, STE. 200

(Street)

SAN DIEGO CA 92121

(City) (State) (Zip)

2. Issuer Name and Ticker or Trading Symbol
Turning Point Therapeutics, Inc. [ TPTX ]

5. Relationship of Reporting Person(s) to Issuer
(Check all applicable)

	Director	10% Owner
X	Officer (give title below)	Other (specify below)
SVP of Finance and Admin.

3. Date of Earliest Transaction (Month/Day/Year)
03/22/2021

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
Common Stock	03/22/2021		A		1,625(1)	A	$0.00	4,116	D
Common Stock	03/23/2021		M(2)		11,904	A	$2.19	16,020	D
Common Stock	03/23/2021		M(2)		1,298	A	$3.2	17,318	D
Common Stock	03/23/2021		M(2)		4,545	A	$5.12	21,863	D
Common Stock	03/23/2021		M(2)		10,688	A	$7.43	32,551	D
Common Stock	03/23/2021		S(2)		4,919	D	$97.89(3)	27,632	D
Common Stock	03/23/2021		S(2)		4,459	D	$98.76(4)	23,173	D
Common Stock	03/23/2021		S(2)		1,996	D	$100.07(5)	21,177	D
Common Stock	03/23/2021		S(2)		5,010	D	$100.98(6)	16,167	D
Common Stock	03/23/2021		S(2)		8,061	D	$102.23(7)	8,106	D
Common Stock	03/23/2021		S(2)		3,890	D	$102.84(8)	4,216	D
Common Stock	03/23/2021		S(2)		100	D	$104.17	4,116	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
Stock Option (right to buy)	$2.19	03/23/2021		M(2)			11,904	(9)	08/08/2027	Common Stock	11,904	$0.00	2,165	D
Stock Option (right to buy)	$3.2	03/23/2021		M(2)			1,298	(10)	03/08/2028	Common Stock	1,298	$0.00	0	D
Stock Option (right to buy)	$5.12	03/23/2021		M(2)			4,545	(11)	11/05/2028	Common Stock	4,545	$0.00	6,494	D
Stock Option (right to buy)	$7.43	03/23/2021		M(2)			10,688	(12)	02/19/2029	Common Stock	10,688	$0.00	19,668	D

Explanation of Responses:

1. Represents restricted stock unit award granted under the Issuer's 2019 Equity Incentive Plan.

2. Reported transaction occurred pursuant to a Rule 10b5-1 Plan adopted by the Reporting Person on November 16, 2020.

3. The weighted average sale price for the transaction reported was $97.89, and the range of prices were between $97.34 and $98.315. Upon request by the SEC staff, the Issuer, or any security holder of the Issuer, full information regarding the number of shares sold at each separate price will be provided.

4. The weighted average sale price for the transaction reported was $98.76, and the range of prices were between $98.40 and $99.29. Upon request by the SEC staff, the Issuer, or any security holder of the Issuer, full information regarding the number of shares sold at each separate price will be provided.

5. The weighted average sale price for the transaction reported was $100.07, and the range of prices were between $99.56 and $100.56. Upon request by the SEC staff, the Issuer, or any security holder of the Issuer, full information regarding the number of shares sold at each separate price will be provided.

6. The weighted average sale price for the transaction reported was $100.98, and the range of prices were between $100.57 and $101.54. Upon request by the SEC staff, the Issuer, or any security holder of the Issuer, full information regarding the number of shares sold at each separate price will be provided.

7. The weighted average sale price for the transaction reported was $102.23, and the range of prices were between $101.62 and $102.605. Upon request by the SEC staff, the Issuer, or any security holder of the Issuer, full information regarding the number of shares sold at each separate price will be provided.

8. The weighted average sale price for the transaction reported was $102.84, and the range of prices were between $102.64 and $103.21. Upon request by the SEC staff, the Issuer, or any security holder of the Issuer, full information regarding the number of shares sold at each separate price will be provided.

9. One-fourth of the option vested on July 6, 2018. Thereafter, 1/48th of the Option vests on a monthly basis over 36 months until the option becomes fully vested.

10. Vests in 36 equal successive monthly installments on each monthly anniversary of January 1, 2018.

11. 1/48th of the shares vest monthly following November 6, 2018.

12. 25% of the shares vest on February 12, 2020 and 1/48th of the shares vest monthly thereafter over the next three years.

Remarks:

	/s/ Annette North, Attorney-in-Fact	03/24/2021
	** 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).
Note: File three copies of this Form, one of which must be manually signed. If space is insufficient, see Instruction 6 for procedure.
Persons who respond to the collection of information contained in this form are not required to respond unless the form displays a currently valid OMB Number.