Sanj K. Patel - Apr 4, 2024 Form 4 Insider Report for Kiniksa Pharmaceuticals, Ltd. (KNSA)

Role
CHAIRMAN & CEO, Director
Signature
/s/ Madelyn Zeylikman, Attorney-in-Fact
Stock symbol
KNSA
Transactions as of
Apr 4, 2024
Transactions value $
-$72,943
Form type
4
Date filed
4/8/2024, 05:22 PM
Previous filing
Apr 3, 2024
Next filing
Jul 25, 2024

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction KNSA Class A Common Share Options Exercise +9.99K +17.5% 67.1K Apr 8, 2024 Direct F1
transaction KNSA Class A Common Share Tax liability -$72.9K -4.08K -6.07% $17.90 63K Apr 8, 2024 Direct
holding KNSA Class A Common Share 110K Apr 4, 2024 Held by The Marina 2016 Irrevocable Trust, u/d/t June 23, 2016

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 Award $0 +130K $0.00 130K Apr 4, 2024 Class A Common Share 130K $18.06 Direct F2
transaction KNSA Performance Share Unit Award $0 +20K $0.00 20K Apr 4, 2024 Class A Common Share 20K Direct F3, F4
transaction KNSA Restricted Share Unit Award $0 +25K +128.32% $0.00 44.4K Apr 4, 2024 Class A Common Share 25K Direct F1, F5
transaction KNSA Restricted Share Unit Options Exercise $0 -9.99K -22.51% $0.00 34.4K Apr 8, 2024 Class A Common Share 9.99K Direct F1, F6
* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id Content
F1 Each Restricted Share Unit (RSU) represents a contingent right to receive one Class A Common Share of the Issuer.
F2 The option vests and becomes exercisable as to 25% of the total grant on the first anniversary of the vesting commencement date and vests in 36 equal month installments thereafter. The vesting commencement date is April 1, 2024.
F3 Each Performance Share Unit (PSU) represents a contingent right to receive a number of Class A Common Shares of the Issuer based upon the achievement of certain pre-established performance criteria, as certified by the Issuer's Compensation Committee.
F4 Unless earlier forfeited, each PSU vests and converts into not more than 200% of one Class A Common Share of the Issuer no later than January 30, 2027, unless such date falls on a non-business date, in which case the next business date shall apply.
F5 The RSUs vest over a four year period, with 25% of the RSUs vesting on the vesting commencement date of April 1, 2024, and each yearly anniversary thereafter.
F6 The RSUs vest over a four-year period, with 25% of the RSs vesting on the yearly anniversary of the grant date, April 7, 2022.