| Type | Sym | Class | Transaction | Value $ | Shares | Change % | * Price $ | Shares After | Date | Ownership | Footnotes |
|---|---|---|---|---|---|---|---|---|---|---|---|
| transaction | KRTX | Common Stock | Options Exercise | $13.6K | +2.5K | +8.73% | $5.45 | 31.2K | Oct 9, 2023 | Direct | F1 |
| transaction | KRTX | Common Stock | Options Exercise | $658K | +5K | +16.05% | $131.64 | 36.2K | Oct 9, 2023 | Direct | F1 |
| transaction | KRTX | Common Stock | Sale | -$563K | -3.26K | -9.01% | $172.96 | 32.9K | Oct 9, 2023 | Direct | F1, F2 |
| transaction | KRTX | Common Stock | Sale | -$303K | -1.74K | -5.3% | $173.77 | 31.2K | Oct 9, 2023 | Direct | F1, F3 |
| Type | Sym | Class | Transaction | Value $ | Shares | Change % | * Price $ | Shares After | Date | Underlying Class | Amount | Exercise Price | Ownership | Footnotes |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| transaction | KRTX | Option (right to buy) | Options Exercise | $0 | -2.5K | -12.71% | $0.00 | 17.2K | Oct 9, 2023 | Common Stock | 2.5K | $5.45 | Direct | F1, F4 |
| transaction | KRTX | Option (right to buy) | Options Exercise | $0 | -5K | -12.09% | $0.00 | 36.4K | Oct 9, 2023 | Common Stock | 5K | $131.64 | Direct | F1, F5 |
Buy Plan / Sale Plan: These are also open market purchases/sales of shares, but in this case the transaction is part of a trading plan. Rule 10b5-1 allows insiders to setup a trading plan to buy/sell stocks over a certain period of time. Since the purchases/sales are predetermined, this protects the insiders from violating insider trading law.
Transaction was made pursuant to a contract, instruction or written plan for the purchase or sale of equity securities of the issuer that is intended to satisfy the affirmative defense conditions of Rule 10b5-1(c).
| Id | Content |
|---|---|
| F1 | The transactions reported in this Form 4 were effected pursuant to a Rule 10b5-1 trading plan adopted by the reporting person on April 14, 2023. |
| F2 | The price reported in Column 4 is a weighted average price. These shares were sold in multiple transactions at prices ranging from $172.40 to $173.39, inclusive. The reporting person undertakes to provide to the Issuer, any security holder of the Issuer, or the staff of the Securities and Exchange Commission, upon request, full information regarding the number of shares sold at each separate price within the range set forth in footnotes (2) and (3) to this Form 4. |
| F3 | The price reported in Column 4 is a weighted average price. These shares were sold in multiple transactions at prices ranging from $173.42 to $174.33, inclusive. |
| F4 | This option vested as to 25% of the shares on the first anniversary of the vesting commencement date of March 1, 2017, with additional vesting as to 12.5% of the shares underlying the option award at the end of each six month period thereafter. |
| F5 | This option vested as to 25% of the shares on the first anniversary of the vesting commencement date of February 23, 2021, with additional vesting as to 6.25% of the shares underlying the option award at the end of each three month period thereafter. |
Exhibit 24 - Power of Attorney