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4//SEC Filing

MONTGOMERY HERBERT D 4

Accession 0001250853-21-000086

CIK 0001561743other

Filed

Aug 29, 8:00 PM ET

Accepted

Aug 30, 3:20 PM ET

Size

20.7 KB

Accession

0001250853-21-000086

Insider Transaction Report

Form 4
Period: 2021-08-27
Transactions
  • Disposition to Issuer

    Stock Option (right to buy)

    2021-08-2751,5000 total
    Exercise: $9.84Exp: 2030-01-16Common Stock (51,500 underlying)
  • Disposition to Issuer

    Stock Option (right to buy)

    2021-08-27$4.81/sh51,500$247,7150 total
    Exercise: $4.44Exp: 2031-01-19Common Stock (51,500 underlying)
  • Disposition to Issuer

    Stock Option (right to buy)

    2021-08-2751,5000 total
    Exercise: $9.91Exp: 2029-01-31Common Stock (51,500 underlying)
  • Disposition to Issuer

    Stock Option (right to buy)

    2021-08-27$5.73/sh27,500$157,5750 total
    Exercise: $3.52Exp: 2026-04-15Common Stock (27,500 underlying)
  • Disposition to Issuer

    Stock Option (right to buy)

    2021-08-27$2.85/sh49,900$142,2150 total
    Exercise: $6.40Exp: 2027-01-23Common Stock (49,900 underlying)
  • Disposition to Issuer

    Stock Option (right to buy)

    2021-08-27$5.11/sh3,350$17,1190 total
    Exercise: $4.14Exp: 2026-05-26Common Stock (3,350 underlying)
  • Disposition to Issuer

    Stock Option (right to buy)

    2021-08-27$0.50/sh75,000$37,5000 total
    Exercise: $8.75Exp: 2028-01-22Common Stock (75,000 underlying)
Footnotes (7)
  • [F1]This option provided for vesting in four equal quarterly installments from the option grant date. This option was cancelled pursuant to the agreement and plan of merger, dated as of June 15, 2021, by and among the Elanco Animal Health Incorporated, Knight Merger Sub, Inc., and Kindred Biosciences, Inc. (the "Merger Agreement") in exchange for a cash payment of $157,575.00, representing the difference between the per share exercise price of the option and the merger consideration of $9.25 per share.
  • [F2]This option provided for vesting in four equal quarterly installments from the option grant date. This option was cancelled pursuant to the Merger Agreement in exchange for a cash payment of $17,118.50, representing the difference between the per share exercise price of the option and the merger consideration of $9.25 per share.
  • [F3]This option provided for vesting in four equal quarterly installments from the option grant date. This option was cancelled pursuant to the Merger Agreement in exchange for a cash payment of $142,215.00, representing the difference between the per share exercise price of the option and the merger consideration of $9.25 per share.
  • [F4]This option provided for vesting in four equal quarterly installments from the option grant date. This option was cancelled pursuant to the Merger Agreement in exchange for a cash payment of $37,500.00, representing the difference between the per share exercise price of the option and the merger consideration of $9.25 per share.
  • [F5]This option provided for vesting in four equal quarterly installments from the option grant date. This option was cancelled pursuant to the Merger Agreement in exchange for no consideration.
  • [F6]This option provided for vesting in four equal quarterly installments from the option grant date. This option was cancelled pursuant to the Merger Agreement in exchange for no consideration.
  • [F7]This option provided for vesting in four equal quarterly installments from the option grant date. Pursuant to the Merger Agreement, the unvested portion of this option was subject to acceleration of vesting. This option was cancelled pursuant to the Merger Agreement in exchange for a cash payment of $247,715.00, representing the difference between the per share exercise price of the option and the merger consideration of $9.25 per share.

Issuer

Kindred Biosciences, Inc.

CIK 0001561743

Entity typeother
IncorporatedCA

Related Parties

1
  • filerCIK 0001022265

Filing Metadata

Form type
4
Filed
Aug 29, 8:00 PM ET
Accepted
Aug 30, 3:20 PM ET
Size
20.7 KB