Ra Capital Management, L.P. - May 23, 2022 Form 4 Insider Report for Kala Pharmaceuticals, Inc. (KALA)

Role
10%+ Owner
Signature
/s/ Peter Kolchinsky, Manager of RA Capital Management, L.P.
Stock symbol
KALA
Transactions as of
May 23, 2022
Transactions value $
-$1,488,844
Form type
4
Date filed
5/25/2022, 05:17 PM
Previous filing
Jun 1, 2022
Next filing
May 26, 2022

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction KALA Common Stock Sale -$813K -1.25M -11.49% $0.65 9.62M May 23, 2022 See Footnotes F1, F2, F7
transaction KALA Common Stock Sale -$73.9K -145K -1.5% $0.51 9.48M May 24, 2022 See Footnotes F3, F4, F7
transaction KALA Common Stock Sale -$602K -1.43M -15.13% $0.42 8.05M May 25, 2022 See Footnotes F5, F6, F7
* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id Content
F1 This transaction was executed in multiple trades at prices ranging from $0.60 to $0.72; the price reported above reflects the weighted average sale price. The reporting person hereby undertakes to provide full information regarding the number of shares and prices at which these transactions, and all other transactions reported in this Form 4, were effected upon request to the staff of the Securities and Exchange Commission, the Issuer, or a security holder of the Issuer.
F2 These securities include 9,624,613 shares held directly by RA Capital Healthcare Fund, L.P. (the "Fund").
F3 This transaction was executed in multiple trades at prices ranging from $0.50 to $0.55, the price reported above reflects the weighted average sale price.
F4 These securities include 9,479,808 shares held directly by the Fund.
F5 This transaction was executed in multiple trades at prices ranging from $0.40 to $0.52; the price reported above reflects the weighted average sale price.
F6 These securities include 8,045,299 shares held directly by the Fund.
F7 RA Capital Management, L.P. (the "Adviser") is the investment manager for the Fund. The general partner of the Adviser is RA Capital Management GP, LLC (the "Adviser GP"), of which Dr. Peter Kolchinsky and Mr. Rajeev Shah are the managing members. The Adviser, the Adviser GP, Dr. Kolchinsky and Mr. Shah disclaim beneficial ownership of any of the reported securities, except to the extent of their pecuniary interest therein.