SEC Form 4 · accession 0001209191-18-039676
Kezar Life Sciences, Inc. · KZR
Statement of changes in beneficial ownership, as filed. Original on EDGAR ↗
Reporting owner
Morningside Venture Investments Ltd
10% Owner
Period of report
Jun 25, 2018
Accepted (ET)
Jun 27, 2018 · 4:53 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 StockF1,F2 | Jun 25, 2018 | C | 1,051,630 | — | A | 1,051,630 | D | |
| Common StockF1,F2 | Jun 25, 2018 | C | 1,007,422 | — | A | 2,059,052 | D | |
| Common StockF2 | Jun 25, 2018 | P | 250,000 | $15.00 | A | 2,309,052 | D |
Table II — derivative securities
| Security | Conv. / exercise price | Date | Code | Shares | A/D | Exercisable | Expires | Underlying | Underlying shares | Owned after | D/I |
|---|---|---|---|---|---|---|---|---|---|---|---|
| Series A Convertible Preferred StockF2,F1 | — | Jun 25, 2018 | C | 1,051,630 | D | — | — | Common Stock | 1,051,630 | 0 | D |
| Series B Convertible Preferred StockF2,F1 | — | Jun 25, 2018 | C | 1,007,422 | D | — | — | Common Stock | 1,007,422 | 0 | D |
Explanation of responses
- F1Each share of Series A Convertible Preferred Stock and Series B Convertible Preferred Stock was convertible at any time, at the option of the holder, into Common Stock, on a one-for-one basis, had no expiration date and converted into shares of Common Stock upon the closing of the Issuer's initial public offering.
- F2Louise Mary Garbarino, Jill Marie Franklin, Peter Stuart Allenby Edwards and Raymond Long Sing Tang, the directors of Morningside Venture Investments Limited ("MVIL"), share voting and dispositive control over the shares held by MVIL.