Todd Bazemore - Jun 26, 2024 Form 4 Insider Report for KALA BIO, Inc. (KALA)

Role
President and Chief Operating Officer
Signature
/s/ Mary Reumuth, Attorney-in-Fact
Stock symbol
KALA
Transactions as of
Jun 26, 2024
Transactions value $
-$22,102
Form type
4
Date filed
6/27/2024, 08:00 PM
Previous filing
Jun 3, 2024
Next filing
Jan 7, 2025

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction KALA Common Stock Sale -$22.1K -4.65K -5.31% $4.75 83K Jun 26, 2024 Direct F1, F2, F3
holding KALA Common Stock 1 Jun 26, 2024 By son
* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id Content
F1 This sale was made pursuant to a 10b5-1 trading plan adopted by the Reporting Person on November 10, 2020 to cover tax withholding obligations in connection with the vesting and settlement of the Reporting Person's restricted stock units ("RSUs") granted on June 22, 2023.
F2 The price reported is a weighted average price. These shares were sold in multiple transactions at prices ranging from $4.50 to $5.09, inclusive. The Reporting Person undertakes to provide to the Issuer, any security holder of the Issuer, or the staff of the Securities and Exchange Commission, upon request, full information regarding the number of shares sold at each separate price within the ranges set forth in this footnote to this Form 4.
F3 Includes 60,656 unvested RSUs.

Remarks:

President and Chief Operating Officer