Tom Frohlich - Nov 5, 2021 Form 4 Insider Report for CHINOOK THERAPEUTICS, INC. (KDNY)

Role
Chief Operating Officer
Signature
/s/ Kirk Schumacher, Attorney-in-Fact
Stock symbol
KDNY
Transactions as of
Nov 5, 2021
Transactions value $
-$482,638
Form type
4
Date filed
11/9/2021, 08:40 PM
Previous filing
Oct 8, 2021
Next filing
Nov 12, 2021

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction KDNY Common Stock Options Exercise $6.3K +15K +9.4% $0.42* 175K Nov 5, 2021 Direct
transaction KDNY Common Stock Sale -$210K -15K -8.59% $14.00 160K Nov 5, 2021 Direct F1
transaction KDNY Common Stock Sale -$70K -5K -3.13% $14.00 155K Nov 5, 2021 Direct F1
transaction KDNY Common Stock Sale -$209K -13.8K -8.91% $15.17 141K Nov 8, 2021 Direct F1, F2

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 KDNY Employee Stock Option (right to buy) Options Exercise $0 -15K -19.02% $0.00 63.8K Nov 5, 2021 Common Stock 15K $0.42 Direct F3
* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id Content
F1 The transactions reported on this Form 4 were effected pursuant to a Rule 10b5-1 trading plan adopted by the reporting person.
F2 The price reported in Column 4 is a weighted average price. These shares were sold in multiple transactions at prices ranging from $15.00 to $15.57, inclusive. The reporting person undertakes to provide to the Issuer, any security holder of the Issuer, or the staff of the Securities and Exchange Commission, upon request, full information regarding the number of shares sold at each separate price within the ranges set forth herein.
F3 The stock option vests as to 25% of the total shares on March 6, 2021, and thereafter vests as to 1/48 of the total shares monthly until fully vested, subject to the Reporting Person's provision of service to the Issuer on each vesting date.