Joseph L. Farmer - Sep 12, 2024 Form 3 Insider Report for Zenas BioPharma, Inc. (ZBIO)

Role
President and Chief Operating Officer. Exhibit List : Exhibit 24 - Power of Attorney
Signature
By: /s/ Chase Jayasekera, Attorney-in-Fact
Stock symbol
ZBIO
Transactions as of
Sep 12, 2024
Transactions value $
$0
Form type
3
Date filed
9/12/2024, 09:34 PM

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
holding ZBIO Stock Option (Right to Buy) Sep 12, 2024 Common Stock 63.5K $3.48 Direct F1
holding ZBIO Stock Option (Right to Buy) Sep 12, 2024 Common Stock 161K $9.30 Direct F2
holding ZBIO Stock Option (Right to Buy) Sep 12, 2024 Common Stock 77.7K $9.30 Direct F3
holding ZBIO Stock Option (Right to Buy) Sep 12, 2024 Common Stock 314K $9.99 Direct F4
* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id Content
F1 The option vests as to 25% of the underlying shares of common stock on April 1, 2022, the first anniversary of the vesting commencement date, and as to the remaining shares in equal month installments over 36 months thereafter, subject to continued service.
F2 The option vests as to 25% of the underlying shares of common stock on December 14, 2023, the first anniversary of the vesting commencement date, and as to the remaining shares in equal month installments over 36 months thereafter, subject to continued service.
F3 The option vests as to 25% of the underlying shares of common stock on July 18, 2024, the first anniversary of the vesting commencement date, and as to the remaining shares in equal month installments over 36 months thereafter, subject to continued service.
F4 The option vests as to 25% of the underlying shares of common stock on May 7, 2025, the first anniversary of the vesting commencement date, and as to the remaining shares in equal month installments over 36 months thereafter, subject to continued service.

Remarks:

President and Chief Operating Officer. Exhibit List : Exhibit 24 - Power of Attorney