ORBIMED ADVISORS LLC - 11 Feb 2022 Form 4 Insider Report for Kinnate Biopharma Inc.

Role
Director
Signature
/s/ Carl Gordon, Member of OrbiMed Advisors LLC
Issuer symbol
N/A
Transactions as of
11 Feb 2022
Net transactions value
+$1,989,446
Form type
4
Filing time
15 Feb 2022, 20:42:44 UTC
Previous filing
28 Jan 2022
Next filing
31 Mar 2022

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction KNTE Common Stock Purchase $1,594,320 +156,000 +4.7% $10.22 3,469,330 11 Feb 2022 See Footnotes F1, F2, F5
transaction KNTE Common Stock Purchase $206,586 +20,700 +0.6% $9.98 3,490,030 14 Feb 2022 See Footnotes F1, F2, F5
transaction KNTE Common Stock Purchase $98,900 +10,000 +0.29% $9.89 3,500,030 14 Feb 2022 See Footnotes F1, F2, F5
transaction KNTE Common Stock Purchase $89,640 +9,000 +0.26% $9.96 3,509,030 15 Feb 2022 See Footnotes F1, F2, F5
holding KNTE Common Stock 84,599 11 Feb 2022 See Footnotes F3, F5
holding KNTE Common Stock 450,000 11 Feb 2022 See Footnotes F4, F5
* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id Content
F1 These shares of the Issuer's common stock were purchased in a block order at the price stated in Table I.
F2 These securities are held of record by OrbiMed Private Investments VII, LP ("OPI VII"). OrbiMed Capital GP VII LLC ("GP VII") is the general partner of OPI VII and OrbiMed Advisors LLC ("OrbiMed Advisors") is the managing member of GP VII. By virtue of such relationship, OrbiMed Advisors and GP VII may be deemed to have voting power and investment power over the securities held by OPI VII and, as a result, may be deemed to have beneficial ownership over such securities. OrbiMed Advisors exercises voting and investment power through a management committee comprised of Carl L. Gordon, Sven H. Borho, and W. Carter Neild, each of whom disclaims beneficial ownership of the securities held by OPI VII.
F3 These securities are held of record by OrbiMed Genesis Master Fund, L.P. ("OrbiMed Genesis"). OrbiMed Genesis GP LLC ("Genesis GP") is the general partner of OrbiMed Genesis. OrbiMed Advisors LLC ("OrbiMed Advisors"), a registered investment adviser under the Investment Advisors Act of 1940, as amended, is the managing member of Genesis GP. By virtue of such relationship, OrbiMed Advisors and Genesis GP may be deemed to have voting power and investment power over the securities held by OrbiMed Genesis and, as a result, may be deemed to have beneficial ownership over such securities. OrbiMed Advisors exercises voting and investment power through a management committee comprised of Carl L. Gordon, Sven H. Borho, and W. Carter Neild, each of whom disclaims beneficial ownership of the securities held by OrbiMed Genesis.
F4 These securities are held of record by OrbiMed Partners Master Fund Limited ("OPM"). OrbiMed Capital LLC ("OrbiMed Capital") is the investment advisor to OPM. OrbiMed Capital is a relying advisor of OrbiMed Advisors. OrbiMed Advisors and OrbiMed Capital exercise voting and investment power through a management committee comprised of Carl L. Gordon, Sven H. Borho, and W. Carter Neild, each of whom disclaims beneficial ownership of the shares held by OPM.
F5 This report on Form 4 is jointly filed by GP VII, OrbiMed Advisors, Genesis GP, and OrbiMed Capital. Each of the Reporting Persons disclaims beneficial ownership of the securities reported herein for purposes of Rule 16a-1(a) under the Securities Exchange Act of 1934, as amended (the "Exchange Act"), except to the extent of its pecuniary interest therein, if any. OrbiMed Advisors and GP VII have designated Carl L. Gordon ("Gordon"), a member of OrbiMed Advisors, to serve on the Issuer's board of directors. This report shall not be deemed an admission that any of the Reporting Persons, or Gordon, is a beneficial owner of such securities for the purpose of Section 16 of the Exchange Act, or for any other purpose