BVF PARTNERS L P/IL - 25 Jun 2025 Form 4 Insider Report for Kymera Therapeutics, Inc. (KYMR)

Signature
BVF Partners L.P., By: BVF Inc., its general partner, By: /s/ Mark N. Lampert, President
Issuer symbol
KYMR
Transactions as of
25 Jun 2025
Net transactions value
+$13,955,348
Form type
4
Filing time
01 Jul 2025, 18:41:37 UTC
Previous filing
17 Jun 2025
Next filing
07 Aug 2025

Reporting Owners (10)

Name Relationship Address Signature Signature date CIK
BVF PARTNERS L P/IL Director, Other* 44 MONTGOMERY STREET, 40TH FLOOR, SAN FRANCISCO BVF Partners L.P., By: BVF Inc., its general partner, By: /s/ Mark N. Lampert, President 01 Jul 2025 0001055947
BIOTECHNOLOGY VALUE FUND L P Director, Other* 44 MONTGOMERY STREET, 40TH FLOOR, SAN FRANCISCO Biotechnology Value Fund, L.P., By: BVF I GP LLC, its general partner, By: /s/ Mark N. Lampert, Chief Executive Officer 01 Jul 2025 0000918923
BVF I GP LLC Director, Other* 44 MONTGOMERY STREET, 40TH FLOOR, SAN FRANCISCO BVF I GP LLC, By: /s/ Mark N. Lampert, Chief Executive Officer 01 Jul 2025 0001803805
BIOTECHNOLOGY VALUE FUND II LP Director, Other* 44 MONTGOMERY STREET, 40TH FLOOR, SAN FRANCISCO Biotechnology Value Fund II, L.P., By: BVF II GP LLC, its general partner, By: /s/ Mark N. Lampert, Chief Executive Officer 01 Jul 2025 0001102444
BVF II GP LLC Director, Other* 44 MONTGOMERY STREET, 40TH FLOOR, SAN FRANCISCO BVF II GP LLC, By: /s/ Mark N. Lampert, Chief Executive Officer 01 Jul 2025 0001803806
Biotechnology Value Trading Fund OS LP Director, Other* P.O. BOX 309 UGLAND HOUSE, GRAND CAYMAN, CAYMAN ISLANDS BVF Partners OS Ltd., By: BVF Partners L.P., its sole member, By: BVF Inc., its general partner, By: /s/ Mark N. Lampert, President 01 Jul 2025 0001660683
BVF Partners OS Ltd. Director, Other* P.O. BOX 309 UGLAND HOUSE, GRAND CAYMAN, CAYMAN ISLANDS Biotechnology Value Trading Fund OS LP, By: BVF Partners L.P., its investment manager, BVF Inc., its general partner, By: /s/ Mark N. Lampert, President 01 Jul 2025 0001660684
BVF GP HOLDINGS LLC Director, Other* 44 MONTGOMERY STREET, 40TH FLOOR, SAN FRANCISCO BVF GP Holdings LLC, By: /s/ Mark N. Lampert, Chief Executive Officer 01 Jul 2025 0001803809
BVF INC/IL Director, Other* 44 MONTGOMERY STREET, 40TH FLOOR, SAN FRANCISCO BVF Inc., By: /s/ Mark N. Lampert, President 01 Jul 2025 0001056807
LAMPERT MARK N Director, Other* 44 MONTGOMERY STREET, 40TH FLOOR, SAN FRANCISCO /s/ Mark N. Lampert 01 Jul 2025 0001233840

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction KYMR Common Stock, $0.0001 par value Purchase $6,274,576 +142,604 +5.4% $44.00 2,798,795 30 Jun 2025 Direct F1, F2, F6
transaction KYMR Common Stock, $0.0001 par value Purchase $5,094,452 +115,783 +5.5% $44.00 2,219,858 30 Jun 2025 Direct F1, F3, F6
transaction KYMR Common Stock, $0.0001 par value Purchase $2,586,320 +58,780 +20% $44.00 353,412 30 Jun 2025 Direct F1, F4, F6

Derivative Securities (e.g., puts, calls, warrants, options, convertible securities)

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Underlying Class Amount Exercise Price Ownership Footnotes
transaction KYMR Stock Option (Right to Buy) Award $0 +16,000 $0.000000 16,000 25 Jun 2025 Common Stock, $0.0001 par value 16,000 $46.47 See footnote F5, F7
holding KYMR Pre-Funded Warrants to Purchase Common Stock 201,546 25 Jun 2025 Common Stock, $0.0001 par value 201,546 $0.000100 Direct F1, F2, F8
holding KYMR Pre-Funded Warrants to Purchase Common Stock 156,742 25 Jun 2025 Common Stock, $0.0001 par value 156,742 $0.000100 Direct F1, F3, F8
holding KYMR Pre-Funded Warrants to Purchase Common Stock 550,425 25 Jun 2025 Common Stock, $0.0001 par value 550,425 $0.000100 Direct F1, F2, F8
holding KYMR Pre-Funded Warrants to Purchase Common Stock 375,856 25 Jun 2025 Common Stock, $0.0001 par value 375,856 $0.000100 Direct F1, F3, F8
holding KYMR Pre-Funded Warrants to Purchase Common Stock 52,733 25 Jun 2025 Common Stock, $0.0001 par value 52,733 $0.000100 Direct F1, F4, F8
holding KYMR Stock Option (Right to Buy) 16,000 25 Jun 2025 Common Stock, $0.0001 par value 16,000 $31.20 See footnote F5, F9
holding KYMR Stock Option (Right to Buy) 40,127 25 Jun 2025 Common Stock, $0.0001 par value 40,127 $20.00 See footnote F5, F9
holding KYMR Stock Option (Right to Buy) 20,063 25 Jun 2025 Common Stock, $0.0001 par value 20,063 $49.10 See footnote F5, F9
holding KYMR Stock Option (Right to Buy) 12,000 25 Jun 2025 Common Stock, $0.0001 par value 12,000 $14.18 See footnote F5, F9
holding KYMR Stock Option (Right to Buy) 12,000 25 Jun 2025 Common Stock, $0.0001 par value 12,000 $27.67 See footnote F5, F9
* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id Content
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.

Remarks:

For purposes of Section 16 of the Securities Exchange Act of 1934, as amended, each of the Reporting Persons may be deemed to be a director by deputization of the Issuer due to a member of Partners, Gorjan Hrustanovic, serving on the Board of Directors of the Issuer, and his agreement 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.