4//SEC Filing
Schneeberger Daniel 4
Accession 0001104659-25-034321
CIK 0001664710other
Filed
Apr 10, 8:00 PM ET
Accepted
Apr 11, 9:57 PM ET
Size
28.8 KB
Accession
0001104659-25-034321
Insider Transaction Report
Form 4
ADAR1 Partners, LP
10% Owner
Transactions
- Other
Cash-Settled Total Return Swaps
2025-04-09−500,000→ 124,333 total(indirect: By ADAR1 Partners, LP)→ Common Stock (500,000 underlying) - PurchaseSwap
Common Stock
2025-04-09$10.33/sh+500,000$5,165,000→ 4,318,404 total(indirect: By ADAR1 Partners, LP) - Purchase
Common Stock
2025-04-09$9.40/sh+18,560$174,375→ 3,493,404 total(indirect: By ADAR1 Partners, LP) - Other
Cash-Settled Total Return Swaps
2025-04-09−325,000→ 624,333 total(indirect: By ADAR1 Partners, LP)→ Common Stock (325,000 underlying) - Purchase
Common Stock
2025-04-09$9.40/sh+16,365$153,752→ 743,558 total(indirect: By LLC) - PurchaseSwap
Common Stock
2025-04-09$9.86/sh+325,000$3,203,525→ 3,818,404 total(indirect: By ADAR1 Partners, LP) - PurchaseSwap
Common Stock
2025-04-09$10.33/sh+74,333$767,860→ 4,392,737 total(indirect: By ADAR1 Partners, LP) - Other
Cash Settled Total Return Swaps
2025-04-09−74,333→ 50,000 total(indirect: By ADAR1 Partners, LP)→ Common Stock (74,333 underlying)
Holdings
- 254,669(indirect: By ADAR1 SPV I, LP)
Common Stock
ADAR1 Capital Management GP, LLC
10% Owner
Transactions
- PurchaseSwap
Common Stock
2025-04-09$9.86/sh+325,000$3,203,525→ 3,818,404 total(indirect: By ADAR1 Partners, LP) - PurchaseSwap
Common Stock
2025-04-09$10.33/sh+74,333$767,860→ 4,392,737 total(indirect: By ADAR1 Partners, LP) - Purchase
Common Stock
2025-04-09$9.40/sh+16,365$153,752→ 743,558 total(indirect: By LLC) - Other
Cash Settled Total Return Swaps
2025-04-09−74,333→ 50,000 total(indirect: By ADAR1 Partners, LP)→ Common Stock (74,333 underlying) - Purchase
Common Stock
2025-04-09$9.40/sh+18,560$174,375→ 3,493,404 total(indirect: By ADAR1 Partners, LP) - PurchaseSwap
Common Stock
2025-04-09$10.33/sh+500,000$5,165,000→ 4,318,404 total(indirect: By ADAR1 Partners, LP) - Other
Cash-Settled Total Return Swaps
2025-04-09−325,000→ 624,333 total(indirect: By ADAR1 Partners, LP)→ Common Stock (325,000 underlying) - Other
Cash-Settled Total Return Swaps
2025-04-09−500,000→ 124,333 total(indirect: By ADAR1 Partners, LP)→ Common Stock (500,000 underlying)
Holdings
- 254,669(indirect: By ADAR1 SPV I, LP)
Common Stock
ADAR1 Capital Management, LLC
10% Owner
Transactions
- Purchase
Common Stock
2025-04-09$9.40/sh+18,560$174,375→ 3,493,404 total(indirect: By ADAR1 Partners, LP) - PurchaseSwap
Common Stock
2025-04-09$10.33/sh+500,000$5,165,000→ 4,318,404 total(indirect: By ADAR1 Partners, LP) - PurchaseSwap
Common Stock
2025-04-09$10.33/sh+74,333$767,860→ 4,392,737 total(indirect: By ADAR1 Partners, LP) - Other
Cash-Settled Total Return Swaps
2025-04-09−500,000→ 124,333 total(indirect: By ADAR1 Partners, LP)→ Common Stock (500,000 underlying) - Purchase
Common Stock
2025-04-09$9.40/sh+16,365$153,752→ 743,558 total(indirect: By LLC) - PurchaseSwap
Common Stock
2025-04-09$9.86/sh+325,000$3,203,525→ 3,818,404 total(indirect: By ADAR1 Partners, LP) - Other
Cash-Settled Total Return Swaps
2025-04-09−325,000→ 624,333 total(indirect: By ADAR1 Partners, LP)→ Common Stock (325,000 underlying) - Other
Cash Settled Total Return Swaps
2025-04-09−74,333→ 50,000 total(indirect: By ADAR1 Partners, LP)→ Common Stock (74,333 underlying)
Holdings
- 254,669(indirect: By ADAR1 SPV I, LP)
Common Stock
Schneeberger Daniel
10% Owner
Transactions
- Purchase
Common Stock
2025-04-09$9.40/sh+16,365$153,752→ 743,558 total(indirect: By LLC) - PurchaseSwap
Common Stock
2025-04-09$10.33/sh+500,000$5,165,000→ 4,318,404 total(indirect: By ADAR1 Partners, LP) - PurchaseSwap
Common Stock
2025-04-09$9.86/sh+325,000$3,203,525→ 3,818,404 total(indirect: By ADAR1 Partners, LP) - Purchase
Common Stock
2025-04-09$9.40/sh+18,560$174,375→ 3,493,404 total(indirect: By ADAR1 Partners, LP) - PurchaseSwap
Common Stock
2025-04-09$10.33/sh+74,333$767,860→ 4,392,737 total(indirect: By ADAR1 Partners, LP) - Other
Cash-Settled Total Return Swaps
2025-04-09−325,000→ 624,333 total(indirect: By ADAR1 Partners, LP)→ Common Stock (325,000 underlying) - Other
Cash-Settled Total Return Swaps
2025-04-09−500,000→ 124,333 total(indirect: By ADAR1 Partners, LP)→ Common Stock (500,000 underlying) - Other
Cash Settled Total Return Swaps
2025-04-09−74,333→ 50,000 total(indirect: By ADAR1 Partners, LP)→ Common Stock (74,333 underlying)
Holdings
- 254,669(indirect: By ADAR1 SPV I, LP)
Common Stock
Footnotes (8)
- [F1]As the investment manager of ADAR1 Partners, LP and ADAR1 SPV I, LP and as the sub-advisor of Spearhead Insurance Solutions IDF, LLC, ADAR1 Capital Management, LLC may be deemed to indirectly beneficially own securities held by ADAR1 Partners, LP, ADAR1 SPV I, LP and Spearhead Insurance Solutions IDF, LLC. As the general partner of ADAR1 Partners, LP and ADAR1 SPV I, LP, ADAR1 Capital Management GP, LLC may be deemed to indirectly beneficially own securities held by ADAR1 Partners, LP and ADAR1 SPV I, LP. As the manager of ADAR1 Capital Management, LLC and ADAR1 Capital Management GP, LLC, Mr. Schneeberger may be deemed to indirectly beneficially own securities held by ADAR1 Partners, LP, Spearhead Insurance Solutions IDF, LLC, and ADAR1 SPV I, LP.
- [F2]The reported price is a weighted average price. These shares were purchased in multiple transactions at prices ranging from $9.21 to $9.56, inclusive.
- [F3]The reported price is a weighted average price. These shares were purchased in multiple transactions at prices ranging from $9.21 to $9.56, inclusive.
- [F4]The reported price is a weighted average price. These shares were purchased in multiple transactions at prices ranging from $9.13 to $10.60, inclusive.
- [F5]In connection with the purchase of 325,000 securities reported as being purchased in Table 1, ADAR1 Partners, LP and the counterparty to the cash-settled total equity swaps previously reported agreed to reduce the number of notional shares of Common Stock of the Issuer in the applicable basket by a corresponding number of 325,000 shares. As a result, the aggregate number of notional shares of Common Stock of the Issuer in the applicable basket after giving effect to such transactions is 624,333 shares.
- [F6]In connection with the purchase of 500,000 securities reported as being purchased in Table 1, ADAR1 Partners, LP and the counterparty to the cash-settled total equity swaps previously reported agreed to reduce the number of notional shares of Common Stock of the Issuer in the applicable basket by a corresponding number of 500,000 shares. As a result, the aggregate number of notional shares of Common Stock of the Issuer in the applicable basket after giving effect to such transactions is 124,333 shares.
- [F7]In connection with the purchase of 74,333 securities reported as being purchased in Table 1, ADAR1 Partners, LP and the counterparty to the cash-settled total equity swaps previously reported agreed to reduce the number of notional shares of Common Stock of the Issuer in the applicable basket by a corresponding number of 74,333 shares. As a result, the aggregate number of notional shares of Common Stock of the Issuer in the applicable basket after giving effect to such transactions is 50,000 shares.
- [F8]For purposes of Section 16 of the Securities Exchange Act of 1934, as amended, each Reporting Person disclaims beneficial ownership of any such securities, except to the extent of his/its pecuniary interest therein, if any, and this report shall not be deemed an admission that such Reporting Person is the beneficial owner of such securities for purposes of Section 16 or otherwise.
Documents
Issuer
Keros Therapeutics, Inc.
CIK 0001664710
Entity typeother
Related Parties
1- filerCIK 0001861120
Filing Metadata
- Form type
- 4
- Filed
- Apr 10, 8:00 PM ET
- Accepted
- Apr 11, 9:57 PM ET
- Size
- 28.8 KB