JOHN A. BORGESON - 11 Jun 2023 Form 4 Insider Report for Kodiak Sciences Inc. (KOD)

Role
Executive Vice President and Chief Financial Officer
Signature
/s/ David Peinsipp, Attorney-in-Fact for John A. Borgeson
Issuer symbol
KOD
Transactions as of
11 Jun 2023
Net transactions value
$0
Form type
4
Filing time
13 Jun 2023, 17:30:48 UTC
Previous filing
08 Jul 2022
Next filing
16 Jun 2023
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 +1.7% 176,780 11 Jun 2023 Direct F1

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 Restricted Stock Units Options Exercise $0 -3,025 -50% $0.000000 3,025 11 Jun 2023 Common Stock 3,025 Direct F1, F2
* 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 One-fourth (1/4th) of the RSUs vested on June 11, 2021, upon the achievement of certain performance criteria ("Performance Achievement Date"); thereafter, the RSUs 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:

Executive Vice President and Chief Financial Officer