UNITED STATES
SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549
FORM 6-K
REPORT OF FOREIGN PRIVATE ISSUER PURSUANT TO RULE 13a-16 OR 15d-16
OF THE SECURITIES EXCHANGE ACT OF 1934
FOR THE MONTH OF FEBRUARY 2021
COMMISSION FILE NUMBER 001-38976
Genmab A/S
(Exact name of Registrant as specified in its charter)
Kalvebod Brygge 43
1560 Copenhagen V
Denmark
+45 70 20 27 28
(Address of principal executive offices)
Indicate by check mark whether the registrant files or will file annual reports under cover Form 20-F or Form 40-F.
Form 20-F ⌧ Form 40-F ◻
Indicate by check mark if the registrant is submitting the Form 6-K in paper as permitted by Regulation S-T Rule 101(b)(1)
Yes ◻ No ⌧
Indicate by check mark if the registrant is submitting the Form 6-K in paper as permitted by Regulation S-T Rule 101(b)(7)
Yes ◻ No ⌧
This report on Form 6-K shall be deemed to be incorporated by reference in Genmab A/S’s registration statements on Form S-8 (File No. 333-232693) and to be a part thereof from the date on which this report is filed, to the extent not superseded by documents or reports subsequently filed or furnished.
SIGNATURE
Pursuant to the requirements of the Securities Exchange Act of 1934, the registrant has duly caused this report to be signed on its behalf by the undersigned, thereunto duly authorized.
| GENMAB A/S | |
| | |
| BY: | /s/ Anthony Pagano |
| | Name: Anthony Pagano |
| | Title: Executive Vice President & Chief Financial Officer |
DATE: February 26, 2021
EXHIBIT INDEX
Exhibit | Description of Exhibit |
| |
99.1 | Company Announcement Dated February 26, 2021:Grant of Restricted Stock Units to Management and Employees and Grant of Warrants to Employees in Genmab |
99.2 | Company Announcement Dated February 26, 2021: Transactions with shares and linked securities in Genmab A/S made by managerial employees and their closely associated persons |
Exhibit 99.1
Grant of Restricted Stock Units to Management and Employees and Grant of Warrants to Employees in Genmab
Company Announcement
COPENHAGEN, Denmark; February 26, 2021 – Genmab A/S (Nasdaq: GMAB) announced today that the board decided to grant 123,949 restricted stock units to four members of management and employees of the company as well as the company's subsidiaries and 99,938 warrants to employees of the company and the company's subsidiaries.
Each restricted stock unit is awarded cost-free and provides the owner with a right and obligation to receive one share in Genmab A/S of nominally DKK 1. The vesting of the restricted stock units granted to the members of executive management will be subject to forward looking performance criteria. The fair value of each restricted stock unit is equal to the closing market price on the date of grant of one Genmab A/S share, DKK 2,070.
The restricted stock units will vest on the first banking day of the month following a period of three years from the date of grant. Furthermore, the restricted stock units are subject to vesting conditions set out in the restricted stock unit program adopted by the board of directors in accordance with the Remuneration Policy adopted by the shareholders at the annual general meeting. Information concerning Genmab’s restricted stock unit program can be found on www.genmab.com under Investors > Stock information > Restricted stock units.
The exercise price for each warrant is DKK 2,070. Each warrant is awarded cost-free and entitles the owner to subscribe one share of nominally DKK 1 subject to payment of the exercise price. By application of the Black-Scholes formula, the fair value of each warrant can be calculated as DKK 647.32.
The warrants vest three years after the grant date, and all warrants expire at the seventh anniversary of the grant date. The new warrants have been granted on the terms and conditions set out in the warrant program adopted by the board of directors on February 23, 2021. Information concerning Genmab’s warrant schemes can be found on www.genmab.com under Investors > Stock information > Warrants.
About Genmab
Genmab is an international biotechnology company with a core purpose to improve the lives of patients with cancer. Founded in 1999, Genmab is the creator of multiple approved antibody therapeutics that are marketed by its partners. The company aims to create, develop and commercialize differentiated therapies by leveraging next-generation antibody technologies, expertise in antibody biology, translational research and data sciences and strategic partnerships. To create novel therapies, Genmab utilizes its next-generation antibody technologies, which are the result of its collaborative company culture and a deep passion for innovation. Genmab’s proprietary pipeline consists of modified antibody candidates, including bispecific T-cell engagers and next-generation immune checkpoint modulators, effector function enhanced antibodies and antibody-drug conjugates. The company is headquartered in Copenhagen, Denmark with locations in Utrecht, the Netherlands, Princeton, New Jersey, U.S. and Tokyo, Japan. For more information, please visit Genmab.com.
Contact:
Marisol Peron, Senior Vice President, Global Investor Relations & Communications
T: +1 609 524 0065; E: mmp@genmab.com
Genmab A/S | Tel: +45 7020 2728 | Company Announcement no. 13 |
Kalvebod Brygge 43 | Fax: +45 7020 2729 | Page 1/2 |
21560 Copenhagen V, Denmark | www.genmab.com | CVR no. 2102 3884 |
| | LEI Code 529900MTJPDPE4MHJ122 |
Grant of Restricted Stock Units to Management and Employees and Grant of Warrants to Employees in Genmab
For Investor Relations:
Andrew Carlsen, Senior Director, Head of Investor Relations
T: +45 3377 9558; E: acn@genmab.com
This Company Announcement contains forward looking statements. The words “believe”, “expect”, “anticipate”, “intend” and “plan” and similar expressions identify forward looking statements. Actual results or performance may differ materially from any future results or performance expressed or implied by such statements. The important factors that could cause our actual results or performance to differ materially include, among others, risks associated with pre-clinical and clinical development of products, uncertainties related to the outcome and conduct of clinical trials including unforeseen safety issues, uncertainties related to product manufacturing, the lack of market acceptance of our products, our inability to manage growth, the competitive environment in relation to our business area and markets, our inability to attract and retain suitably qualified personnel, the unenforceability or lack of protection of our patents and proprietary rights, our relationships with affiliated entities, changes and developments in technology which may render our products or technologies obsolete, and other factors. For a further discussion of these risks, please refer to the risk management sections in Genmab’s most recent financial reports, which are available on www.genmab.com and the risk factors included in Genmab’s most recent Annual Report on Form 20-F and other filings with the U.S. Securities and Exchange Commission (SEC), which are available at www.sec.gov. Genmab does not undertake any obligation to update or revise forward looking statements in this Company Announcement nor to confirm such statements to reflect subsequent events or circumstances after the date made or in relation to actual results, unless required by law.
Genmab A/S and/or its subsidiaries own the following trademarks: Genmab®; the Y-shaped Genmab logo®; Genmab in combination with the Y-shaped Genmab logo®; HuMax®; DuoBody®; DuoBody in combination with the DuoBody logo®; HexaBody®; HexaBody in combination with the HexaBody logo®; DuoHexaBody®; HexElect®; and UniBody®. Arzerra® and Kesimpta® are trademarks of Novartis AG or its affiliates. DARZALEX® and DARZALEX FASPRO® are trademarks of Janssen Pharmaceutica NV. TEPEZZA® is a trademark of Horizon Therapeutics plc.
Genmab A/S | Tel: +45 7020 2728 | Company Announcement no. 13 |
Kalvebod Brygge 43 | Fax: +45 7020 2729 | Page 2/2 |
21560 Copenhagen V, Denmark | www.genmab.com | CVR no. 2102 3884 |
| | LEI Code 529900MTJPDPE4MHJ122 |
Exhibit 99.2
Transactions with shares and linked securities in Genmab A/S made by managerial employees and their closely associated persons
Company Announcement
COPENHAGEN, Denmark; February 26, 2021 – Genmab A/S (Nasdaq: GMAB) - In accordance with Article 19 of Regulation No. 596/2014 on Market Abuse and Implementing Regulation 2016/523, this document discloses the data of the transactions made in Genmab A/S (Nasdaq: GMAB) made by managerial employees and their closely associated persons.
The company’s managerial employees and their closely associated persons have given Genmab A/S power of attorney on their behalf to publish trading in Genmab shares by the company’s managerial employees and their closely associated persons.
Please find below a statement of such trading in shares issued by Genmab A/S
Genmab A/S | Tel: +45 7020 2728 | Company Announcement no. 14 |
Kalvebod Brygge 43 | Fax: +45 7020 2729 | Page 1/11 |
21560 Copenhagen V, Denmark | www.genmab.com | CVR no. 2102 3884 |
| | LEI Code 529900MTJPDPE4MHJ122 |
Transactions with shares and linked securities in Genmab A/S made by managerial employees and their closely associated persons
1. | Details of the person discharging managerial responsibilities / | ||
a) | Name | Anthony Pagano | |
2. | Reason for the notification | ||
a) | Position/status | Executive Vice President & Chief Financial Officer | |
b) | Initial notification/Amendment | Initial notification | |
3. | Details of the issuer, emission allowance market participant, | ||
a) | Name | Genmab A/S | |
b) | LEI-code | 529900MTJPDPE4MHJ122 | |
4. | Details of the transaction(s): section to be repeated for | ||
a) | Description of the financial | Restricted Stock Units related to shares of Genmab A/S DK0010272202 | |
b) | Nature of the transaction | Grant of Restricted Stock Units | |
c) | Price(s) and volume(s) | Price(s) | Volume(s) |
| | DKK 0.00 | 5,405 |
d) | Aggregated information | ||
e) | Date of the transaction | 2021-02-26 | |
f) | Place of the transaction | Outside the market | |
Genmab A/S | Tel: +45 7020 2728 | Company Announcement no. 14 |
Kalvebod Brygge 43 | Fax: +45 7020 2729 | Page 2/11 |
21560 Copenhagen V, Denmark | www.genmab.com | CVR no. 2102 3884 |
| | LEI Code 529900MTJPDPE4MHJ122 |
Transactions with shares and linked securities in Genmab A/S made by managerial employees and their closely associated persons
1. | Details of the person discharging managerial responsibilities / | ||
a) | Name | Judith Klimovsky | |
2. | Reason for the notification | ||
a) | Position/status | Executive Vice President & Chief Development Officer | |
b) | Initial notification/Amendment | Initial notification | |
3. | Details of the issuer, emission allowance market participant, | ||
a) | Name | Genmab A/S | |
b) | LEI-code | 529900MTJPDPE4MHJ122 | |
4. | Details of the transaction(s): section to be repeated for | ||
a) | Description of the financial | Restricted Stock Units related to shares of Genmab A/S DK0010272202 | |
b) | Nature of the transaction | Grant of Restricted Stock Units | |
c) | Price(s) and volume(s) | Price(s) | Volume(s) |
| | DKK 0.00 | 7,268 |
d) | Aggregated information | ||
e) | Date of the transaction | 2021-02-26 | |
f) | Place of the transaction | Outside the market | |
Genmab A/S | Tel: +45 7020 2728 | Company Announcement no. 14 |
Kalvebod Brygge 43 | Fax: +45 7020 2729 | Page 3/11 |
21560 Copenhagen V, Denmark | www.genmab.com | CVR no. 2102 3884 |
| | LEI Code 529900MTJPDPE4MHJ122 |
Transactions with shares and linked securities in Genmab A/S made by managerial employees and their closely associated persons
1. | Details of the person discharging managerial responsibilities / | ||
a) | Name | Anthony Mancini | |
2. | Reason for the notification | ||
a) | Position/status | Executive Vice President & Chief Operating Officer | |
b) | Initial notification/Amendment | Initial notification | |
3. | Details of the issuer, emission allowance market participant, | ||
a) | Name | Genmab A/S | |
b) | LEI-code | 529900MTJPDPE4MHJ122 | |
4. | Details of the transaction(s): section to be repeated for | ||
a) | Description of the financial | Restricted Stock Units related to shares of Genmab A/S DK0010272202 | |
b) | Nature of the transaction | Grant of Restricted Stock Units | |
c) | Price(s) and volume(s) | Price(s) | Volume(s) |
| | DKK 0.00 | 5,467 |
d) | Aggregated information | ||
e) | Date of the transaction | 2021-02-26 | |
f) | Place of the transaction | Outside the market | |
Genmab A/S | Tel: +45 7020 2728 | Company Announcement no. 14 |
Kalvebod Brygge 43 | Fax: +45 7020 2729 | Page 4/11 |
21560 Copenhagen V, Denmark | www.genmab.com | CVR no. 2102 3884 |
| | LEI Code 529900MTJPDPE4MHJ122 |
Transactions with shares and linked securities in Genmab A/S made by managerial employees and their closely associated persons
1. | Details of the person discharging managerial responsibilities / | ||
a) | Name | Peter Storm Kristensen | |
2. | Reason for the notification | ||
a) | Position/status | Member of the Board of Directors | |
b) | Initial notification/Amendment | Initial notification | |
3. | Details of the issuer, emission allowance market participant, | ||
a) | Name | Genmab A/S | |
b) | LEI-code | 529900MTJPDPE4MHJ122 | |
4. | Details of the transaction(s): section to be repeated for | ||
a) | Description of the financial | Restricted Stock Units related to shares of Genmab A/S DK0010272202 | |
b) | Nature of the transaction | Grant of Restricted Stock Units (as employee of Genmab A/S, not as board member) | |
c) | Price(s) and volume(s) | Price(s) | Volume(s) |
| | DKK 0.00 | 128 |
d) | Aggregated information | ||
e) | Date of the transaction | 2021-02-26 | |
f) | Place of the transaction | Outside the market | |
Genmab A/S | Tel: +45 7020 2728 | Company Announcement no. 14 |
Kalvebod Brygge 43 | Fax: +45 7020 2729 | Page 5/11 |
21560 Copenhagen V, Denmark | www.genmab.com | CVR no. 2102 3884 |
| | LEI Code 529900MTJPDPE4MHJ122 |
Transactions with shares and linked securities in Genmab A/S made by managerial employees and their closely associated persons
1. | Details of the person discharging managerial responsibilities / | ||
a) | Name | Rima Bawarshi Nassar | |
2. | Reason for the notification | ||
a) | Position/status | Member of the Board of Directors | |
b) | Initial notification/Amendment | Initial notification | |
3. | Details of the issuer, emission allowance market participant, | ||
a) | Name | Genmab A/S | |
b) | LEI-code | 529900MTJPDPE4MHJ122 | |
4. | Details of the transaction(s): section to be repeated for | ||
a) | Description of the financial | Restricted Stock Units related to shares of Genmab A/S DK0010272202 | |
b) | Nature of the transaction | Grant of Restricted Stock Units (as employee of Genmab US, Inc., not as board member) | |
c) | Price(s) and volume(s) | Price(s) | Volume(s) |
| | DKK 0.00 | 895 |
d) | Aggregated information | ||
e) | Date of the transaction | 2021-02-26 | |
f) | Place of the transaction | Outside the market | |
Genmab A/S | Tel: +45 7020 2728 | Company Announcement no. 14 |
Kalvebod Brygge 43 | Fax: +45 7020 2729 | Page 6/11 |
21560 Copenhagen V, Denmark | www.genmab.com | CVR no. 2102 3884 |
| | LEI Code 529900MTJPDPE4MHJ122 |
Transactions with shares and linked securities in Genmab A/S made by managerial employees and their closely associated persons
1. | Details of the person discharging managerial responsibilities / | ||
a) | Name | Mijke Zachariasse | |
2. | Reason for the notification | ||
a) | Position/status | Member of the Board of Directors | |
b) | Initial notification/Amendment | Initial notification | |
3. | Details of the issuer, emission allowance market participant, | ||
a) | Name | Genmab A/S | |
b) | LEI-code | 529900MTJPDPE4MHJ122 | |
4. | Details of the transaction(s): section to be repeated for | ||
a) | Description of the financial | Restricted Stock Units related to shares of Genmab A/S DK0010272202 | |
b) | Nature of the transaction | Grant of Restricted Stock Units (as employee of Genmab B.V., not as board member) | |
c) | Price(s) and volume(s) | Price(s) | Volume(s) |
| | DKK 0.00 | 118 |
d) | Aggregated information | ||
e) | Date of the transaction | 2021-02-26 | |
f) | Place of the transaction | Outside the market | |
Genmab A/S | Tel: +45 7020 2728 | Company Announcement no. 14 |
Kalvebod Brygge 43 | Fax: +45 7020 2729 | Page 7/11 |
21560 Copenhagen V, Denmark | www.genmab.com | CVR no. 2102 3884 |
| | LEI Code 529900MTJPDPE4MHJ122 |
Transactions with shares and linked securities in Genmab A/S made by managerial employees and their closely associated persons
1. | Details of the person discharging managerial responsibilities / | ||
a) | Name | Peter Storm Kristensen | |
2. | Reason for the notification | ||
a) | Position/status | Member of the Board of Directors | |
b) | Initial notification/Amendment | Initial notification | |
3. | Details of the issuer, emission allowance market participant, | ||
a) | Name | Genmab A/S | |
b) | LEI-code | N/A | |
4. | Details of the transaction(s): section to be repeated for | ||
a) | Description of the financial | Warrants related to shares of Genmab A/S DK0010272202 | |
b) | Nature of the transaction | Grant of warrants (as employee of Genmab A/S, not as board member) | |
c) | Price(s) and volume(s) | Price(s) | Volume(s) |
| | DKK 0.00 | 137 |
d) | Aggregated information | ||
e) | Date of the transaction | 2021-02-26 | |
f) | Place of the transaction | Outside the market | |
Genmab A/S | Tel: +45 7020 2728 | Company Announcement no. 14 |
Kalvebod Brygge 43 | Fax: +45 7020 2729 | Page 8/11 |
21560 Copenhagen V, Denmark | www.genmab.com | CVR no. 2102 3884 |
| | LEI Code 529900MTJPDPE4MHJ122 |
Transactions with shares and linked securities in Genmab A/S made by managerial employees and their closely associated persons
1. | Details of the person discharging managerial responsibilities / | ||
a) | Name | Rima Bawarshi Nassar | |
2. | Reason for the notification | ||
a) | Position/status | Member of the Board of Directors | |
b) | Initial notification/Amendment | Initial notification | |
3. | Details of the issuer, emission allowance market participant, | ||
a) | Name | Genmab A/S | |
b) | LEI-code | N/A | |
4. | Details of the transaction(s): section to be repeated for | ||
a) | Description of the financial Identification code | Warrants related to shares of Genmab A/S DK0010272202 | |
b) | Nature of the transaction | Grant of warrants (as employee of Genmab US, Inc., not as board member) | |
c) | Price(s) and volume(s) | Price(s) | Volume(s) |
| | DKK 0.00 | 954 |
d) | Aggregated information | ||
e) | Date of the transaction | 2021-02-26 | |
f) | Place of the transaction | Outside the market | |
Genmab A/S | Tel: +45 7020 2728 | Company Announcement no. 14 |
Kalvebod Brygge 43 | Fax: +45 7020 2729 | Page 9/11 |
21560 Copenhagen V, Denmark | www.genmab.com | CVR no. 2102 3884 |
| | LEI Code 529900MTJPDPE4MHJ122 |
Transactions with shares and linked securities in Genmab A/S made by managerial employees and their closely associated persons
1. | Details of the person discharging managerial responsibilities / | ||
a) | Name | Mijke Zachariasse | |
2. | Reason for the notification | ||
a) | Position/status | Member of the Board of Directors | |
b) | Initial notification/Amendment | Initial notification | |
3. | Details of the issuer, emission allowance market participant, | ||
a) | Name | Genmab A/S | |
b) | LEI-code | N/A | |
4. | Details of the transaction(s): section to be repeated for | ||
a) | Description of the financial | Warrants related to shares of Genmab A/S DK0010272202 | |
b) | Nature of the transaction | Grant of warrants (as employee of Genmab B.V., not as board member) | |
c) | Price(s) and volume(s) | Price(s) | Volume(s) |
| | DKK 0.00 | 126 |
d) | Aggregated information | ||
e) | Date of the transaction | 2021-02-26 | |
f) | Place of the transaction | Outside the market | |
Genmab is an international biotechnology company with a core purpose to improve the lives of patients with cancer. Founded in 1999, Genmab is the creator of multiple approved antibody therapeutics that are marketed by its partners. The company aims to create, develop and commercialize differentiated therapies by leveraging next-generation antibody technologies, expertise in antibody biology, translational research and data sciences and strategic partnerships. To create novel therapies, Genmab utilizes its next-generation antibody technologies, which are the result of its collaborative company culture and a deep passion for innovation. Genmab’s proprietary pipeline consists of modified antibody candidates, including bispecific T-cell engagers and next-generation immune checkpoint modulators, effector function enhanced antibodies and antibody-drug conjugates. The company is headquartered in Copenhagen, Denmark with locations in Utrecht, the Netherlands, Princeton, New Jersey, U.S. and Tokyo, Japan. For more information, please visit Genmab.com.
Genmab A/S | Tel: +45 7020 2728 | Company Announcement no. 14 |
Kalvebod Brygge 43 | Fax: +45 7020 2729 | Page 10/11 |
21560 Copenhagen V, Denmark | www.genmab.com | CVR no. 2102 3884 |
| | LEI Code 529900MTJPDPE4MHJ122 |
Transactions with shares and linked securities in Genmab A/S made by managerial employees and their closely associated persons
Contact:
Marisol Peron, Senior Vice President, Global Investor Relations & Communications
T: +1 609 524 0065; E: mmp@genmab.com
For Investor Relations:
Andrew Carlsen, Senior Director, Head of Investor Relations
T: +45 3377 9558; E: acn@genmab.com
This Company Announcement contains forward looking statements. The words “believe”, “expect”, “anticipate”, “intend” and “plan” and similar expressions identify forward looking statements. Actual results or performance may differ materially from any future results or performance expressed or implied by such statements. The important factors that could cause our actual results or performance to differ materially include, among others, risks associated with pre-clinical and clinical development of products, uncertainties related to the outcome and conduct of clinical trials including unforeseen safety issues, uncertainties related to product manufacturing, the lack of market acceptance of our products, our inability to manage growth, the competitive environment in relation to our business area and markets, our inability to attract and retain suitably qualified personnel, the unenforceability or lack of protection of our patents and proprietary rights, our relationships with affiliated entities, changes and developments in technology which may render our products or technologies obsolete, and other factors. For a further discussion of these risks, please refer to the risk management sections in Genmab’s most recent financial reports, which are available on www.genmab.com and the risk factors included in Genmab’s most recent Annual Report on Form 20-F and other filings with the U.S. Securities and Exchange Commission (SEC), which are available at www.sec.gov. Genmab does not undertake any obligation to update or revise forward looking statements in this Company Announcement nor to confirm such statements to reflect subsequent events or circumstances after the date made or in relation to actual results, unless required by law.
Genmab A/S and/or its subsidiaries own the following trademarks: Genmab®; the Y-shaped Genmab logo®; Genmab in combination with the Y-shaped Genmab logo®; HuMax®; DuoBody®; DuoBody in combination with the DuoBody logo®; HexaBody®; HexaBody in combination with the HexaBody logo®; DuoHexaBody®; HexElect®; and UniBody®. Arzerra® and Kesimpta® are trademarks of Novartis AG or its affiliates. DARZALEX® and DARZALEX FASPRO® are trademarks of Janssen Pharmaceutica NV. TEPEZZA® is a trademark of Horizon Therapeutics plc.
Genmab A/S | Tel: +45 7020 2728 | Company Announcement no. 14 |
Kalvebod Brygge 43 | Fax: +45 7020 2729 | Page 11/11 |
21560 Copenhagen V, Denmark | www.genmab.com | CVR no. 2102 3884 |
| | LEI Code 529900MTJPDPE4MHJ122 |