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 OF SECURITIES
                                                                                  
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Filed pursuant to Section 16(a) of the Securities Exchange Act of 1934 or Section 30(h) of the Investment Company Act of 1940
                      

1. Name and Address of Reporting Person *

Lawley Lori D
2. Issuer Name and Ticker or Trading Symbol

NEWLINK GENETICS CORP [ (NLNK) ]
5. Relationship of Reporting Person(s) to Issuer (Check all applicable)

_____ Director                      _____ 10% Owner
__ X __ Officer (give title below)      _____ Other (specify below)
Principal Accounting Officer
(Last)          (First)          (Middle)

C/O NEWLINK GENETICS CORPORATION, 2503 SOUTH LOOP DR.
3. Date of Earliest Transaction (MM/DD/YYYY)

7/31/2019
(Street)

AMES, IA 50010
(City)        (State)        (Zip)
4. If Amendment, Date Original Filed (MM/DD/YYYY)

 
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. Trans. Date 2A. Deemed Execution Date, if any 3. Trans. 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

Table II - Derivative Securities Beneficially Owned ( e.g. , puts, calls, warrants, options, convertible securities)
1. Title of Derivate Security
(Instr. 3)
2. Conversion or Exercise Price of Derivative Security 3. Trans. Date 3A. Deemed Execution Date, if any 4. Trans. 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 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 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)   $52.64   7/31/2019     D         10000    4/20/2016   4/19/2025   Common Stock   10000.0     (1) 0   D    
Stock Option (Right to Buy)   $1.77   7/31/2019     A      1633         (2) 7/31/2026   Common Stock   1633.0     (1) 1633   D    
Stock Option (Right to Buy)   $1.77   7/31/2019     A      868         (2) 7/31/2026   Common Stock   868.0     (1) 868   D    
Stock Option (Right to Buy)   $24.42   7/31/2019     D         2000    2/1/2017   1/31/2026   Common Stock   2000.0     (3) 0   D    
Stock Option (Right to Buy)   $1.77   7/31/2019     A      472         (2) 7/31/2026   Common Stock   472.0     (3) 472   D    
Stock Option (Right to Buy)   $1.77   7/31/2019     A      98         (2) 7/31/2026   Common Stock   98.0     (3) 98   D    
Stock Option (Right to Buy)   $1.77   7/31/2019     A      98         (4) 7/31/2026   Common Stock   98.0     (3) 98   D    
Stock Option (Right to Buy)   $10.78   7/31/2019     D         3334    9/9/2016   8/8/2026   Common Stock   3334.0     (5) 0   D    
Stock Option (Right to Buy)   $1.77   7/31/2019     A      1111         (2) 7/31/2026   Common Stock   1111.0     (5) 1111   D    
Stock Option (Right to Buy)   $1.77   7/31/2019     A      487         (2) 7/31/2026   Common Stock   487.0     (5) 487   D    
Stock Option (Right to Buy)   $1.77   7/31/2019     A      70         (4) 7/31/2026   Common Stock   70.0     (5) 70   D    
Stock Option (Right to Buy)   $12.68   7/31/2019     D         2352    2/1/2018   1/31/2027   Common Stock   2352.0     (3) 0   D    
Stock Option (Right to Buy)   $1.77   7/31/2019     A      115         (2) 7/31/2026   Common Stock   115.0     (3) 115   D    
Stock Option (Right to Buy)   $1.77   7/31/2019     A      311         (4) 7/31/2026   Common Stock   311.0     (3) 311   D    
Stock Option (Right to Buy)   $1.77   7/31/2019     A      360         (2) 7/31/2026   Common Stock   360.0     (3) 360   D    
Stock Option (Right to Buy)   $8.86   7/31/2019     D         10000    12/1/2018   11/30/2027   Common Stock   10000.0     (5) 0   D    
Stock Option (Right to Buy)   $1.77   7/31/2019     A      729         (2) 7/31/2026   Common Stock   729.0     (5) 729   D    
Stock Option (Right to Buy)   $1.77   7/31/2019     A      3021         (4) 7/31/2026   Common Stock   3021.0     (5) 3021   D    
Stock Option (Right to Buy)   $1.77   7/31/2019     A      1250         (2) 7/31/2026   Common Stock   1250.0     (5) 1250   D    
Stock Option (Right to Buy)   $7.85   7/31/2019     D         2000    3/1/2019   3/8/2028   Common Stock   2000.0     (5) 0   D    
Stock Option (Right to Buy)   $1.77   7/31/2019     A      146         (2) 7/31/2026   Common Stock   146.0     (5) 146   D    
Stock Option (Right to Buy)   $1.77   7/31/2019     A      563         (4) 7/31/2026   Common Stock   563.0     (5) 563   D    
Stock Option (Right to Buy)   $1.77   7/31/2019     A      187         (2) 7/31/2026   Common Stock   187.0     (5) 187   D    
Stock Option (Right to Buy)   $1.77   7/31/2019     A      105         (4) 7/31/2026   Common Stock   105.0     (5) 105   D    

Explanation of Responses:
(1)  On July 31, 2019, the issuer cancelled this option grant pursuant to the issuer's option exchange program. In exchange, for every four cancelled options, the reporting person received a replacement option having an exercise price of $1.77 per share.
(2)  The option vests as to 50% on the first anniversary of grant date and the remaining 50% on the second anniversary of grant date.
(3)  On July 31, 2019, the issuer cancelled this option grant pursuant to the issuer's option exchange program. In exchange, for every three cancelled options, the reporting person received a replacement option having an exercise price of $1.77 per share.
(4)  The option vests as to 50% on the second anniversary of grant date and the remaining 50% on the third anniversary of grant date.
(5)  On July 31, 2019, the issuer cancelled this option grant pursuant to the issuer's option exchange program. In exchange, for every two cancelled options, the reporting person received a replacement option having an exercise price of $1.77 per share.

Reporting Owners
Reporting Owner Name / Address
Relationships
Director 10% Owner Officer Other
Lawley Lori D
C/O NEWLINK GENETICS CORPORATION
2503 SOUTH LOOP DR.
AMES, IA 50010


Principal Accounting Officer

Signatures
/s/ Ryan Trytten, attorney-in-fact 8/2/2019
** 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 control number.
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