SEC Form 4 · accession 0001144204-18-035850
Kezar Life Sciences, Inc. · KZR
Statement of changes in beneficial ownership, as filed. Original on EDGAR ↗
Reporting owners
Arthur M Pappas
10% Owner
PAPPAS CAPITAL, LLC
10% Owner
PV V CEO Fund, LP
10% Owner
AMP&A Management V, LLC
10% Owner
Period of report
Jun 25, 2018
Accepted (ET)
Jun 26, 2018 · 4:54 pm EDT
Rule 10b5-1 plan
unknown — predates the checkbox
Issuer CIK
0001645666
Table I — non-derivative securities
| Security | Date | Code | Shares | Price | A/D | Owned after | D/I | Nature of ownership |
|---|---|---|---|---|---|---|---|---|
| Common Stock, par value $0.001 per shareF1,F2,F4,F5 | Jun 25, 2018 | C | 290,924 | — | A | 290,924 | I | See footnotes |
| Common Stock, par value $0.001 per shareF1,F3,F4,F5 | Jun 25, 2018 | C | 23,894 | — | A | 23,894 | I | See footnotes |
Table II — derivative securities
| Security | Conv. / exercise price | Date | Code | Shares | A/D | Exercisable | Expires | Underlying | Underlying shares | Owned after | D/I |
|---|---|---|---|---|---|---|---|---|---|---|---|
| Series B Preferred Stock, par value $0.001 per shareF2,F4,F5,F1 | — | Jun 25, 2018 | C | 290,924 | A | — | — | Common Stock | 290,924 | 0 | I |
| Series B Preferred Stock, par value $0.001 per shareF3,F4,F5,F1 | — | Jun 25, 2018 | C | 23,894 | A | — | — | Common Stock | 23,894 | 0 | I |
Explanation of responses
- F1The Series B Preferred Stock, par value $0.001 per share, converted into Common Stock, par value $0.001 per share, on a one-for-one basis and had no expiration date.
- F2These shares are held of record by A.M. Pappas Life Science Ventures V, LP ("Pappas Ventures").
- F3These shares are held of record by PV V CEO Fund, LP ("CEO Fund" and, together with Pappas Ventures, the "Pappas Funds").
- F4AMP&A Management V, LLC ("Management V") is the general partner of each of the Pappas Funds and has a management agreement with Pappas Capital, LLC ("Pappas Capital") whereby Pappas Capital's investment committee has sole power to vote or to direct the vote of, and sole power to dispose or to direct the disposition of, all shares owned by the Pappas Funds. Mr. Arthur Pappas is the sole managing member of Pappas Capital. By virtue of their respective relationships with the Pappas Funds, each of Management V, Pappas Capital and Mr. Pappas may be deemed to indirectly beneficially own the shares of which Pappas Ventures and CEO Fund are the record owners. (continue in footnote 5)
- F5Each of Management V, Pappas Capital and Mr. Pappas disclaims beneficial ownership of the shares reported herein, except to the extent of its or his respective pecuniary interests therein. This report shall not be deemed an admission that such reporting persons are the beneficial owners of such securities for purposes of Section 16 or for any other purpose.