Kyle Carver - Nov 9, 2021 Form 4 Insider Report for Kadmon Holdings, Inc. (KDMN)

Role
SVP, CAO, Controller
Signature
/s/ Gregory S. Moss, Attorney-in-Fact
Stock symbol
KDMN
Transactions as of
Nov 9, 2021
Transactions value $
-$2,523,590
Form type
4
Date filed
11/9/2021, 04:36 PM

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction KDMN Common Stock Disposed to Issuer -$146K -15.4K -100% $9.50 0 Nov 9, 2021 Direct F1

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 KDMN Stock Option (right to buy) Disposed to Issuer -$218K -45K -100% $4.84 0 Nov 9, 2021 Common Stock, par value $0.001 45K $4.66 Direct F2, F3
transaction KDMN Stock Option (right to buy) Disposed to Issuer -$322K -55K -100% $5.86 0 Nov 9, 2021 Common Stock, par value $0.001 55K $3.64 Direct F2, F3
transaction KDMN Stock Option (right to buy) Disposed to Issuer -$352K -50K -100% $7.03 0 Nov 9, 2021 Common Stock, par value $0.001 50K $2.47 Direct F2, F3
transaction KDMN Stock Option (right to buy) Disposed to Issuer -$516K -100K -100% $5.16 0 Nov 9, 2021 Common Stock, par value $0.001 100K $4.34 Direct F2, F3
transaction KDMN Stock Option (right to buy) Disposed to Issuer -$970K -175K -100% $5.54 0 Nov 9, 2021 Common Stock, par value $0.001 175K $3.96 Direct F2, F3
* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Kyle Carver is no longer subject to Section 16 filing requirements. Form 4 or Form 5 obligations may continue.

Explanation of Responses:

Id Content
F1 Disposed pursuant to the acquisition by Sanofi of the entire issued share capital of Issuer on November 9, 2021 by means of a plan of merger (the "Merger").
F2 In connection with the Merger, all unvested stock options ("Options") were accelerated to full vesting and cancelled in exchange for a payment equal to $9.50 with respect to each share of Common Stock subject to such Option.
F3 Represents the payment per share of Common Stock received in exchange for the cancellation of each Option.