Michael R. Megna - 28 Feb 2024 Form 4 Insider Report for Kiniksa Pharmaceuticals, Ltd. (KNSA)

Role
CHIEF ACCOUNTING OFFICER
Signature
/s/ Madelyn Zeylikman, Attorney-in-Fact
Issuer symbol
KNSA
Transactions as of
28 Feb 2024
Net transactions value
-$160,859
Form type
4
Filing time
01 Mar 2024, 18:26:17 UTC
Previous filing
04 Jan 2024
Next filing
03 Apr 2024
SEC
View on sec.gov

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction KNSA Class A Common Share Award $7,200 +583 +3.4% $12.35 17,588 15 Jan 2024 Direct F1
transaction KNSA Class A Common Share Options Exercise $45,263 +5,126 +29% $8.83 22,714 28 Feb 2024 Direct F2
transaction KNSA Class A Common Share Sale $111,696 -5,126 -23% $21.79 17,588 28 Feb 2024 Direct F2, F3
transaction KNSA Class A Common Share Options Exercise $49,845 +5,645 +32% $8.83 23,233 01 Mar 2024 Direct F2
transaction KNSA Class A Common Share Options Exercise $55,714 +4,014 +17% $13.88 27,247 01 Mar 2024 Direct F2
transaction KNSA Class A Common Share Sale $207,186 -9,659 -35% $21.45 17,588 01 Mar 2024 Direct F2, F4

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 KNSA Share Option Options Exercise $0 -5,126 -47% $0.000000 5,874 28 Feb 2024 Class A Common Share 5,126 $8.83 Direct F2, F5
transaction KNSA Share Option Options Exercise $0 -5,645 -96% $0.000000 229 01 Mar 2024 Class A Common Share 5,645 $8.83 Direct F2, F5
transaction KNSA Share Option Options Exercise $0 -4,014 -100% $0.000000* 0 01 Mar 2024 Class A Common Share 4,014 $13.88 Direct F2, F5
* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Buy Plan / Sale Plan: These are also open market purchases/sales of shares, but in this case the transaction is part of a trading plan. Rule 10b5-1 allows insiders to setup a trading plan to buy/sell stocks over a certain period of time. Since the purchases/sales are predetermined, this protects the insiders from violating insider trading law.

Transaction was made pursuant to a contract, instruction or written plan for the purchase or sale of equity securities of the issuer that is intended to satisfy the affirmative defense conditions of Rule 10b5-1(c).

Explanation of Responses:

Id Content
F1 The reporting person is voluntarily reporting the acquisition of these shares pursuant to the Issuer's 2018 Employee Share Purchase Plan for the purchase period of July 16, 2023 to January 15, 2024. The acquisition of such shares was exempt pursuant to Rule 16b-3(c).
F2 This transaction was effected pursuant to a Rule 10b5-1 plan executed by the reporting person on May 5, 2023.
F3 This transaction was executed in multiple trades through a broker-dealer at prices ranging from $21.56 to $21.90. The price reported in this column reflects a weighted average sales price. Upon request, the reporting person will provide to the SEC staff full information regarding the number of Shares sold at each price.
F4 This transaction was executed in multiple trades through a broker-dealer at prices ranging from $21.45 to $21.49. The price reported in this column reflects a weighted average sales price. Upon request, the reporting person will provide to the SEC staff full information regarding the number of Shares sold at each price.
F5 This option is fully vested and exercisable.