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Kite Pharma, Inc.'s VP Regulatory Affairs just cashed-in 9,567 options

Rizwana F Sproule, Kite Pharma, Inc.'s VP Regulatory Affairs, recently cashed-in 9,567 options. The options were exercised at $1.35, while the disposals took place between $60.36 and $64.08 per share, on October 15, 2015. Sproule continues to hold 2,941 shares of the company. Sproule operates out of Santa Monica, CA. Some additional info was provided as follows:

The sales reported in this Form 4 were effected pursuant to a Rule 10b5-1 trading plan adopted by the reporting person on March 31, 2015. The price reported in Column 4 is a weighted average price. These shares were sold in multiple transactions at prices ranging from $59.88 to $60.86, inclusive. The reporting person undertakes to provide to the Issuer, any security holder of the Issuer, or the staff of the S ecurities and Exchange Commission, upon request, full information regarding the number of shares sold at each separate price within the range set forth above. The price reported in Column 4 is a weighted average price. These shares were sold in multiple...

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