Craig W. Philips - 14 Jun 2023 Form 4 Insider Report for KINETA, INC./DE (KANT)

Role
President
Signature
/s/ Pauline Kenny, as Attorney-in-Fact
Issuer symbol
KANT
Transactions as of
14 Jun 2023
Net transactions value
-$35,525
Form type
4
Filing time
16 Jun 2023, 16:31:26 UTC
Previous filing
14 Apr 2023
Next filing
21 Sep 2023
SEC
View on sec.gov

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction KA Common Stock Options Exercise $193 +1,382 +4.2% $0.1400* 34,654 14 Jun 2023 By Whetstone Ventures, LLC F1
transaction KA Common Stock Tax liability $35,718 -12,666 -19% $2.82 54,311 14 Jun 2023 Direct 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 KA Warrats (Right to Buy) Options Exercise $0 -1,382 -100% $0.000000* 0 14 Jun 2023 Common Stock 1,382 $0.1400 By Whetstone Ventures, LLC F1, F3
* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id Content
F1 The Reporting Person is a member manager of Whetstone Ventures, LLC ("Whetstone") and shares voting and dispositive power over the shares held by Whetstone.
F2 Exempt transaction pursuant to Rule 16b-3(e) for the withholding of shares of the Issuer's Common Stock by the Issuer to satisfy tax obligations relating to the acquisition of shares of the Issuer's Common Stock in connection with the settlement of the vested portion of restricted stock units.
F3 The warrants are immediately exercisable in full.