BIOTECHNOLOGY VALUE FUND L P 4
4 · Kymera Therapeutics, Inc. · Filed Jul 1, 2025
Insider Transaction Report
Form 4
BVF PARTNERS L P/IL
DirectorOther
Transactions
- Purchase
Common Stock, $0.0001 par value
2025-06-30$44.00/sh+142,604$6,274,576→ 2,798,795 total - Purchase
Common Stock, $0.0001 par value
2025-06-30$44.00/sh+58,780$2,586,320→ 353,412 total - Purchase
Common Stock, $0.0001 par value
2025-06-30$44.00/sh+115,783$5,094,452→ 2,219,858 total - Award
Stock Option (Right to Buy)
2025-06-25+16,000→ 16,000 total(indirect: See footnote)Exercise: $46.47Exp: 2035-06-24→ Common Stock, $0.0001 par value (16,000 underlying)
Holdings
- 12,000(indirect: See footnote)
Stock Option (Right to Buy)
Exercise: $14.18Exp: 2032-06-14→ Common Stock, $0.0001 par value (12,000 underlying) - 12,000(indirect: See footnote)
Stock Option (Right to Buy)
Exercise: $27.67Exp: 2033-06-14→ Common Stock, $0.0001 par value (12,000 underlying) - 16,000(indirect: See footnote)
Stock Option (Right to Buy)
Exercise: $31.20Exp: 2034-06-17→ Common Stock, $0.0001 par value (16,000 underlying) - 201,546
Pre-Funded Warrants to Purchase Common Stock
Exercise: $0.00→ Common Stock, $0.0001 par value (201,546 underlying) - 156,742
Pre-Funded Warrants to Purchase Common Stock
Exercise: $0.00→ Common Stock, $0.0001 par value (156,742 underlying) - 550,425
Pre-Funded Warrants to Purchase Common Stock
Exercise: $0.00→ Common Stock, $0.0001 par value (550,425 underlying) - 375,856
Pre-Funded Warrants to Purchase Common Stock
Exercise: $0.00→ Common Stock, $0.0001 par value (375,856 underlying) - 52,733
Pre-Funded Warrants to Purchase Common Stock
Exercise: $0.00→ Common Stock, $0.0001 par value (52,733 underlying) - 40,127(indirect: See footnote)
Stock Option (Right to Buy)
Exercise: $20.00Exp: 2030-08-19→ Common Stock, $0.0001 par value (40,127 underlying) - 20,063(indirect: See footnote)
Stock Option (Right to Buy)
Exercise: $49.10Exp: 2031-06-15→ Common Stock, $0.0001 par value (20,063 underlying)
Footnotes (9)
- [F1]This Form 4 is filed jointly by Biotechnology Value Fund, L.P. ("BVF"), Biotechnology Value Fund II, L.P. ("BVF2"), Biotechnology Value Trading Fund OS LP ("Trading Fund OS"), BVF Partners OS Ltd. ("Partners OS"), BVF I GP LLC ("BVF GP"), BVF II GP LLC ("BVF2 GP"), BVF GP Holdings LLC ("BVF GPH"), BVF Partners L.P. ("Partners"), BVF Inc. and Mark N. Lampert (collectively, the "Reporting Persons"). Each of the Reporting Persons is a member of a Section 13(d) group. Each of the Reporting Persons disclaims beneficial ownership of the securities reported herein except to the extent of his or its pecuniary interest therein.
- [F2]Securities owned directly by BVF. As the general partner of BVF, BVF GP may be deemed to beneficially own the securities owned directly by BVF. As the sole member of BVF GP, BVF GPH may be deemed to beneficially own the securities owned directly by BVF. As the investment manager of BVF, Partners may be deemed to beneficially own the securities owned directly by BVF. As the investment adviser and general partner of Partners, BVF Inc. may be deemed to beneficially own the securities owned directly by BVF. As a director and officer of BVF Inc., Mr. Lampert may be deemed to beneficially own the securities owned directly by BVF.
- [F3]Securities owned directly by BVF2. As the general partner of BVF2, BVF2 GP may be deemed to beneficially own the securities owned directly by BVF2. As the sole member of BVF2 GP, BVF GPH may be deemed to beneficially own the securities owned directly by BVF2. As the investment manager of BVF2, Partners may be deemed to beneficially own the securities owned directly by BVF2. As the investment adviser and general partner of Partners, BVF Inc. may be deemed to beneficially own the securities owned directly by BVF2. As a director and officer of BVF Inc., Mr. Lampert may be deemed to beneficially own the securities owned directly by BVF2.
- [F4]Securities owned directly by Trading Fund OS. As the general partner of Trading Fund OS, Partners OS may be deemed to beneficially own the securities owned directly by Trading Fund OS. As the investment manager of Trading Fund OS and the sole member of Partners OS, Partners may be deemed to beneficially own the securities owned directly by Trading Fund OS. As the investment adviser and general partner of Partners, BVF Inc. may be deemed to beneficially own the securities owned directly by Trading Fund OS. As a director and officer of BVF Inc., Mr. Lampert may be deemed to beneficially own the securities owned directly by Trading Fund OS.
- [F5]Partners, BVF Inc. and Mr. Lampert may be deemed to have a pecuniary interest in the securities reported owned herein due to a certain agreement between Partners and Gorjan Hrustanovic, who serves on the Issuer's board of directors and as a member of Partners, pursuant to which Mr. Hrustanovic is obligated to transfer the economic benefit, if any, received upon the sale of the shares issuable upon exercise of the securities reported owned herein to Partners. As such, Mr. Hrustanovic disclaims beneficial ownership of the securities reported herein except to the extent of his pecuniary interest therein.
- [F6]Shares of the Issuer's common stock acquired in the Issuer's underwritten public offering at the public offering price of $44.00 per share.
- [F7]The shares underlying this stock option shall vest in full upon the earlier to occur of (i) June 25, 2026 and (ii) the date of the next annual meeting of the Issuer's stockholders.
- [F8]The Pre-Funded Warrants are exercisable at any time after the date of issuance, subject to certain conditions and limitations, and do not expire.
- [F9]The shares subject to the option have fully vested.