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KOD Kodiak Sciences Inc

3.15
-0.10 (-3.08%)
Last Updated: 15:09:19
Delayed by 15 minutes
Share Name Share Symbol Market Type
Kodiak Sciences Inc NASDAQ:KOD NASDAQ Common Stock
  Price Change % Change Share Price Bid Price Offer Price High Price Low Price Open Price Shares Traded Last Trade
  -0.10 -3.08% 3.15 3.13 3.17 3.265 2.93 3.25 107,867 15:09:19

Statement of Changes in Beneficial Ownership (4)

16/06/2021 12:07am

Edgar (US Regulatory)


FORM 4 [ ] Check this box if no longer subject to Section 16. Form 4 or Form 5 obligations may continue. See Instruction 1(b).         
UNITED STATES SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549

STATEMENT OF CHANGES IN BENEFICIAL OWNERSHIP OF SECURITIES
                                                                                  
OMB APPROVAL
OMB Number: 3235-0287
Estimated average burden
hours per response...
0.5                       
Filed pursuant to Section 16(a) of the Securities Exchange Act of 1934 or Section 30(h) of the Investment Company Act of 1940
                      

1. Name and Address of Reporting Person *

EHRLICH JASON
2. Issuer Name and Ticker or Trading Symbol

Kodiak Sciences Inc. [ KOD ]
5. Relationship of Reporting Person(s) to Issuer (Check all applicable)

_____ Director                    _____ 10% Owner
__X__ Officer (give title below)    _____ Other (specify below)
See Remarks
(Last)          (First)          (Middle)

1200 PAGE MILL ROAD
3. Date of Earliest Transaction (MM/DD/YYYY)

6/11/2021
(Street)

PALO ALTO, CA 94304
(City)        (State)        (Zip)
4. If Amendment, Date Original Filed (MM/DD/YYYY)

 
6. Individual or Joint/Group Filing (Check Applicable Line)

_X _ Form filed by One Reporting Person
___ Form filed by More than One Reporting Person

Table I - Non-Derivative Securities Acquired, Disposed of, or Beneficially Owned
1.Title of Security
(Instr. 3)
2. Trans. Date 2A. Deemed Execution Date, if any 3. Trans. Code
(Instr. 8)
4. Securities Acquired (A) or Disposed of (D)
(Instr. 3, 4 and 5)
5. Amount of Securities Beneficially Owned Following Reported Transaction(s)
(Instr. 3 and 4)
6. Ownership Form: Direct (D) or Indirect (I) (Instr. 4) 7. Nature of Indirect Beneficial Ownership (Instr. 4)
Code V Amount (A) or (D) Price
Common Stock 6/11/2021  M  2900 A (1)66115 (2)D  
Common Stock 6/15/2021  S(3)  1147 D$84.75 64968 D  

Table II - Derivative Securities Beneficially Owned (e.g., puts, calls, warrants, options, convertible securities)
1. Title of Derivate Security
(Instr. 3)
2. Conversion or Exercise Price of Derivative Security3. Trans. Date3A. Deemed Execution Date, if any4. Trans. Code
(Instr. 8)
5. Number of Derivative Securities Acquired (A) or Disposed of (D)
(Instr. 3, 4 and 5)
6. Date Exercisable and Expiration Date7. Title and Amount of Securities Underlying Derivative Security
(Instr. 3 and 4)
8. Price of Derivative Security
(Instr. 5)
9. Number of derivative Securities Beneficially Owned Following Reported Transaction(s) (Instr. 4)10. Ownership Form of Derivative Security: Direct (D) or Indirect (I) (Instr. 4)11. Nature of Indirect Beneficial Ownership (Instr. 4)
CodeV(A)(D)Date ExercisableExpiration DateTitleAmount or Number of Shares
Stock Option (Right to Buy) $73.51 6/11/2021  A   18450     (4)12/29/2029 Common Stock 18450 $0.00 18450 D  
Restricted Stock Units  (1)6/11/2021  A   11600     (4) (4)Common Stock 11600 $0.00 11600 D  
Restricted Stock Units  (1)6/11/2021  M     2900   (4) (4)Common Stock 2900 $0.00 8700 D  

Explanation of Responses:
(1) Each restricted stock unit ("RSU") represents a contingent right to receive one (1) share of the Issuer's common stock.
(2) Includes 54 shares acquired under the 2018 Employee Stock Purchase Plan on May 31, 2021.
(3) The sale was made to cover tax withholding obligations in connection with vesting and settlement of 1/4th of the Reporting Person's performance-based RSU granted on December 30, 2019.
(4) On December 30, 2019 the Reporting Person was awarded a performance-based award. 1/4th of the award vested on June 11, 2021 upon the achievement of certain performance criteria ("Performance Achievement Date"); thereafter, the award will vest in three equal annual installments on each of the first, second, and third anniversaries of the Performance Achievement Date, subject, in each case, to the Reporting Person's status as a Service Provider (as defined in the 2018 Equity Incentive Plan) on each vesting date.

Remarks:
Chief Medical Officer and Chief Development Officer

Reporting Owners
Reporting Owner Name / Address
Relationships
Director10% OwnerOfficerOther
EHRLICH JASON
1200 PAGE MILL ROAD
PALO ALTO, CA 94304


See Remarks

Signatures
/s/ David Peinsipp, Attorney-in-Fact for Jason Ehrlich6/15/2021
**Signature of Reporting PersonDate

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