JOHN A. BORGESON - 11 Jun 2021 Form 4 Insider Report for Kodiak Sciences Inc. (KOD)

Role
Senior VP and Chief Financial Officer
Signature
/s/ David Peinsipp, Attorney-in-Fact for John A. Borgeson
Issuer symbol
KOD
Transactions as of
11 Jun 2021
Net transactions value
-$87,886
Form type
4
Filing time
15 Jun 2021, 19:04:14 UTC
Next filing
17 Jun 2021
SEC
View on sec.gov

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction KOD Common Stock Options Exercise +3,025 +1.8% 169,027 11 Jun 2021 Direct F1, F2
transaction KOD Common Stock Sale $87,886 -1,037 -0.61% $84.75* 167,990 15 Jun 2021 Direct F3

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 KOD Stock Option (Right to Buy) Award $0 +19,250 $0.000000 19,250 11 Jun 2021 Common Stock 19,250 $73.51 Direct F4
transaction KOD Restricted Stock Units Award $0 +12,100 $0.000000 12,100 11 Jun 2021 Common Stock 12,100 Direct F1, F4
transaction KOD Restricted Stock Units Options Exercise $0 -3,025 -25% $0.000000 9,075 11 Jun 2021 Common Stock 3,025 Direct F1, F4
* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id Content
F1 Each restricted stock unit ("RSU") represents a contingent right to receive one (1) share of the Issuer's common stock.
F2 Includes 103 shares acquired under the 2018 Employee Stock Purchase Plan on May 31, 2021.
F3 The sale was made to cover tax withholding obligations in connection with vesting and settlement of 1/4th of the Reporting Person's performance-based RSU granted on December 30, 2019.
F4 On December 30, 2019 the Reporting Person was awarded a performance-based award. 1/4th of the award vested on June 11, 2021 upon the achievement of certain performance criteria ("Performance Achievement Date"); thereafter, the award will vest in three equal annual installments on each of the first, second, and third anniversaries of the Performance Achievement Date, subject, in each case, to the Reporting Person's status as a Service Provider (as defined in the 2018 Equity Incentive Plan) on each vesting date.

Remarks:

Senior VP and Chief Financial Officer