| Type | Sym | Class | Transaction | Value $ | Shares | Change % | * Price $ | Shares After | Date | Ownership | Footnotes |
|---|---|---|---|---|---|---|---|---|---|---|---|
| transaction | KIN | Common Stock | Disposed to Issuer | $594,830 | -64,306 | -100% | $9.25 | 0 | 27 Aug 2021 | Direct | F1 |
| Type | Sym | Class | Transaction | Value $ | Shares | Change % | * Price $ | Shares After | Date | Underlying Class | Amount | Exercise Price | Ownership | Footnotes |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| transaction | KIN | Stock Option (right to buy) | Disposed to Issuer | $0 | -12,000 | -100% | $0.000000* | 0 | 27 Aug 2021 | Common Stock | 12,000 | $19.96 | Direct | F2 |
| transaction | KIN | Stock Option (right to buy) | Disposed to Issuer | $600 | -7,500 | -100% | $0.0800* | 0 | 27 Aug 2021 | Common Stock | 7,500 | $9.17 | Direct | F3 |
| transaction | KIN | Stock Option (right to buy) | Disposed to Issuer | $18,320 | -8,000 | -100% | $2.29* | 0 | 27 Aug 2021 | Common Stock | 8,000 | $6.96 | Direct | F4 |
| transaction | KIN | Stock Option (right to buy) | Disposed to Issuer | $60,000 | -10,000 | -100% | $6.00 | 0 | 27 Aug 2021 | Common Stock | 10,000 | $3.25 | Direct | F5 |
| transaction | KIN | Stock Option (right to buy) | Disposed to Issuer | $84,750 | -15,000 | -100% | $5.65 | 0 | 27 Aug 2021 | Common Stock | 15,000 | $3.60 | Direct | F6 |
| transaction | KIN | Stock Option (right to buy) | Disposed to Issuer | $213,750 | -75,000 | -100% | $2.85 | 0 | 27 Aug 2021 | Common Stock | 75,000 | $6.40 | Direct | F7 |
| transaction | KIN | Stock Option (right to buy) | Disposed to Issuer | $80,000 | -50,000 | -100% | $1.60* | 0 | 27 Aug 2021 | Common Stock | 50,000 | $7.65 | Direct | F8 |
| transaction | KIN | Stock Option (right to buy) | Disposed to Issuer | $40,000 | -80,000 | -100% | $0.5000* | 0 | 27 Aug 2021 | Common Stock | 80,000 | $8.75 | Direct | F9 |
| transaction | KIN | Stock Option (right to buy) | Disposed to Issuer | $0 | -100,000 | -100% | $0.000000* | 0 | 27 Aug 2021 | Common Stock | 100,000 | $9.91 | Direct | F10 |
| transaction | KIN | Stock Option (right to buy) | Disposed to Issuer | $0 | -50,000 | -100% | $0.000000* | 0 | 27 Aug 2021 | Common Stock | 50,000 | $9.84 | Direct | F11 |
| transaction | KIN | Stock Option (right to buy) | Disposed to Issuer | $401,635 | -83,500 | -100% | $4.81 | 0 | 27 Aug 2021 | Common Stock | 83,500 | $4.44 | Direct | F12 |
Hangjun Zhan is no longer subject to Section 16 filing requirements. Form 4 or Form 5 obligations may continue.
| Id | Content |
|---|---|
| F1 | Represents 64,306 shares of common stock that were disposed of at the effective time of the merger (the "Merger") contemplated by the agreement and plan of merger, dated as of June 15, 2021, by and among the Elanco Animal Health Incorporated, Knight Merger Sub, Inc., and Kindred Biosciences, Inc. (the "Merger Agreement") in exchange for a cash payment of $9.25 per share. Certain of these securities were restricted stock units ("RSUs") that represented the reporting person's right to receive the Kindred Biosciences, Inc.'s common stock. Pursuant to the Merger Agreement, the RSUs were subject to acceleration of vesting, cancelled and converted automatically into the right to receive a cash payment of $9.25 per share, subject to any required withholding of taxes. |
| F2 | This option, which vested 25% of the total number of shares underlying the option ("Option Shares") on the annual anniversary of April 2, 2014, with the remaining Option Shares vested in equal monthly installments over the following three years, subject to continued employment on each such vesting date, was cancelled pursuant to the Merger Agreement in exchange for no consideration. |
| F3 | This option, which vested 25% of the Option Shares on the annual anniversary of October 31, 2014, with the remaining Option Shares vested in equal monthly installments over the following three years, subject to continued employment on each such vesting date, was cancelled pursuant to the Merger Agreement in exchange for a cash payment of $600.00, representing the difference between the per share exercise price of the option and the merger consideration of $9.25 per share. |
| F4 | This option, which vested 25% of the Option Shares on the annual anniversary of January 26, 2015, with the remaining Option Shares vested in equal monthly installments over the following three years, subject to continued employment on each such vesting date, was cancelled pursuant to the Merger Agreement in exchange for a cash payment of $18,320.00, representing the difference between the per share exercise price of the option and the merger consideration of $9.25 per share. |
| F5 | This option, which vested 25% of the Option Shares on the annual anniversary of January 27, 2016, with the remaining Option Shares vested in equal monthly installments over the following three years, subject to continued employment on each such vesting date, was cancelled pursuant to the Merger Agreement in exchange for a cash payment of $60,000.00, representing the difference between the per share exercise price of the option and the merger consideration of $9.25 per share. |
| F6 | This option, which vested 25% of the Option Shares on the annual anniversary of April 5, 2016, with the remaining Option Shares vested in equal monthly installments over the following three years, subject to continued employment on each such vesting date, was cancelled pursuant to the Merger Agreement in exchange for a cash payment of $84,750.00, representing the difference between the per share exercise price of the option and the merger consideration of $9.25 per share. |
| F7 | This option, which vested 25% of the Option Shares on the annual anniversary of January 23, 2017, with the remaining Option Shares vested in equal monthly installments over the following three years, subject to continued employment on each such vesting date, was cancelled pursuant to the Merger Agreement in exchange for a cash payment of $213,750.00, representing the difference between the per share exercise price of the option and the merger consideration of $9.25 per share. |
| F8 | This option, which vested 25% of the Option Shares on the annual anniversary of July 24, 2017, with the remaining Option Shares vested in equal monthly installments over the following three years, subject to continued employment on each such vesting date, was cancelled pursuant to the Merger Agreement in exchange for a cash payment of $80,000.00, representing the difference between the per share exercise price of the option and the merger consideration of $9.25 per share. |
| F9 | This option vested 25% of the Option Shares on the annual anniversary of January 22, 2018, with the remaining Option Shares vesting in equal monthly installments over the following three years, subject to continued employment on each such vesting date. Pursuant to the Merger Agreement, the unvested portion of this option was subject to acceleration of vesting. This option was cancelled pursuant to the Merger Agreement in exchange for a cash payment of $40,000.00, representing the difference between the per share exercise price of the option and the merger consideration of $9.25 per share. |
| F10 | This option vested 25% of the Option Shares on the annual anniversary of February 1, 2019, with the remaining Option Shares vesting in equal monthly installments over the following three years, subject to continued employment on each such vesting date. Pursuant to the Merger Agreement, the unvested portion of this option was subject to acceleration of vesting. This option was cancelled pursuant to the Merger Agreement in exchange for no consideration. |
| F11 | This option vested 25% of the Option Shares on the annual anniversary of January 17, 2020, with the remaining Option Shares vesting in equal monthly installments over the following three years, subject to continued employment on each such vesting date. Pursuant to the Merger Agreement, the unvested portion of this option was subject to acceleration of vesting. This option was cancelled pursuant to the Merger Agreement in exchange for no consideration. |
| F12 | This option provided for vesting of 25% of the Option Shares on the annual anniversary of January 20, 2021, with the remaining Option Shares vesting in equal monthly installments over the following three years, subject to continued employment on each such vesting date. Pursuant to the Merger Agreement, the unvested portion of this option was subject to acceleration of vesting. This option was cancelled pursuant to the Merger Agreement in exchange for a cash payment of $401,635.00, representing the difference between the per share exercise price of the option and the merger consideration of $9.25 per share. |