Type | Sym | Class | Transaction | Value $ | Shares | Change % | * Price $ | Shares After | Date | Ownership | Footnotes |
---|---|---|---|---|---|---|---|---|---|---|---|
transaction | KDMN | Common Stock | Disposed to Issuer | -$1.69M | -178K | -100% | $9.50 | 0 | Nov 9, 2021 | Direct | F1 |
Type | Sym | Class | Transaction | Value $ | Shares | Change % | * Price $ | Shares After | Date | Underlying Class | Amount | Exercise Price | Ownership | Footnotes |
---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
transaction | KDMN | Stock Appreciation Right | Disposed to Issuer | $3.84M | +655K | $5.86 | 0 | Nov 9, 2021 | Common Stock, par value $0.001 | 655K | $3.64 | Direct | F2, F3 | |
transaction | KDMN | Performance Stock Option(right to buy) | Disposed to Issuer | $5.34M | +983K | $5.44 | 0 | Nov 9, 2021 | Common Stock, par value $0.001 | 983K | $4.06 | Direct | F2, F3 | |
transaction | KDMN | Stock Option (right to buy) | Disposed to Issuer | $7.22M | +1.35M | $5.35 | 0 | Nov 9, 2021 | Common Stock, par value $0.001 | 1.35M | $4.15 | Direct | F2, F3 | |
transaction | KDMN | Stock Option (right to buy) | Disposed to Issuer | $11.1M | +2M | $5.54 | 0 | Nov 9, 2021 | Common Stock, par value $0.001 | 2M | $3.96 | Direct | F2, F3 | |
transaction | KDMN | Equity Appreciation Rights Unit | Disposed to Issuer | $2.63K | +750 | $3.50 | 0 | Nov 9, 2021 | Common Stock, par value $0.001 | 750 | $6.00 | Direct | F2, F3 |
Harlan Waksal is no longer subject to Section 16 filing requirements. Form 4 or Form 5 obligations may continue.
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"), stock appreciation rights ("SARs") and equity appreciation rights ("EARs") 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, SAR and EAR award. |
F3 | Represents the payment per share of Common Stock received in exchange for the cancellation of each Option, SAR and EAR. |