Steven Meehan - 09 Nov 2021 Form 4 Insider Report for Kadmon Holdings, Inc.

Role
EVP, Chief Financial Officer
Signature
/s/ Gregory S. Moss, Attorney-in-Fact
Issuer symbol
N/A
Transactions as of
09 Nov 2021
Net transactions value
-$11,687,686
Form type
4
Filing time
09 Nov 2021, 16:38:11 UTC
Next filing
08 Dec 2025
SEC
View on sec.gov

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction KDMN Common Stock Disposed to Issuer $236,636 -24,909 -100% $9.50 0 09 Nov 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 $134,500 -25,000 -100% $5.38 0 09 Nov 2021 Common Stock, par value $0.001 25,000 $4.12 Direct F2, F3
transaction KDMN Stock Option (right to buy) Disposed to Issuer $153,750 -25,000 -100% $6.15 0 09 Nov 2021 Common Stock, par value $0.001 25,000 $3.35 Direct F2, F3
transaction KDMN Stock Option (right to buy) Disposed to Issuer $2,932,000 -400,000 -100% $7.33 0 09 Nov 2021 Common Stock, par value $0.001 400,000 $2.17 Direct F2, F3
transaction KDMN Stock Option (right to buy) Disposed to Issuer $2,580,000 -500,000 -100% $5.16 0 09 Nov 2021 Common Stock, par value $0.001 500,000 $4.34 Direct F2, F3
transaction KDMN Stock Option (right to buy) Disposed to Issuer $5,650,800 -1,020,000 -100% $5.54 0 09 Nov 2021 Common Stock, par value $0.001 1,020,000 $3.96 Direct F2, F3
* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Steven Meehan 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.