New insider Chiang Pichi Luo claimed ownership of 2,975 shares (SEC Form 3)
$KZR
Biotechnology: Pharmaceutical Preparations
Health Care
| FORM 3 |
UNITED STATES SECURITIES AND EXCHANGE COMMISSION Washington, D.C. 20549 INITIAL STATEMENT OF BENEFICIAL OWNERSHIP OF SECURITIES Filed pursuant to Section 16(a) of the Securities Exchange Act of 1934 or Section 30(h) of the Investment Company Act of 1940 |
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1. Name and Address of Reporting Person*
(Street)
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2. Date of Event Requiring Statement
(Month/Day/Year) 04/01/2025 |
3. Issuer Name and Ticker or Trading Symbol
Kezar Life Sciences, Inc. [ KZR ] |
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4. Relationship of Reporting Person(s) to Issuer
(Check all applicable)
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5. If Amendment, Date of Original Filed
(Month/Day/Year) |
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6. Individual or Joint/Group Filing (Check Applicable Line)
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| Table I - Non-Derivative Securities Beneficially Owned | |||
|---|---|---|---|
| 1. Title of Security (Instr. 4) | 2. Amount of Securities Beneficially Owned (Instr. 4) | 3. Ownership Form: Direct (D) or Indirect (I) (Instr. 5) | 4. Nature of Indirect Beneficial Ownership (Instr. 5) |
| Common Stock | 2,975(1) | D | |
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Table II - Derivative Securities Beneficially Owned (e.g., puts, calls, warrants, options, convertible securities) | |||||||
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| 1. Title of Derivative Security (Instr. 4) | 2. Date Exercisable and Expiration Date (Month/Day/Year) | 3. Title and Amount of Securities Underlying Derivative Security (Instr. 4) | 4. Conversion or Exercise Price of Derivative Security | 5. Ownership Form: Direct (D) or Indirect (I) (Instr. 5) | 6. Nature of Indirect Beneficial Ownership (Instr. 5) | ||
| Date Exercisable | Expiration Date | Title | Amount or Number of Shares | ||||
| Employee Stock Option (right to buy) | (2) | 06/19/2028 | Common Stock | 2,052 | $22.8 | D | |
| Employee Stock Option (right to buy) | (2) | 01/05/2029 | Common Stock | 599 | $22.8 | D | |
| Employee Stock Option (right to buy) | (2) | 03/31/2029 | Common Stock | 1,199 | $22.8 | D | |
| Employee Stock Option (right to buy) | (2) | 09/05/2029 | Common Stock | 2,401 | $22.8 | D | |
| Employee Stock Option (right to buy) | (2) | 01/11/2030 | Common Stock | 2,499 | $22.8 | D | |
| Employee Stock Option (right to buy) | (2) | 01/07/2031 | Common Stock | 2,899 | $22.8 | D | |
| Employee Stock Option (right to buy) | (3) | 06/30/2031 | Common Stock | 2,899 | $22.8 | D | |
| Employee Stock Option (right to buy) | (4) | 01/04/2032 | Common Stock | 4,999 | $22.8 | D | |
| Employee Stock Option (right to buy) | (5) | 01/07/2033 | Common Stock | 7,999 | $22.8 | D | |
| Employee Stock Option (right to buy) | (6) | 01/06/2034 | Common Stock | 10,000 | $9.3 | D | |
| Employee Stock Option (right to buy) | (7) | 07/10/2034 | Common Stock | 12,500 | $6.3 | D | |
| Employee Stock Option (right to buy) | (2) | 07/10/2034 | Common Stock | 7,500 | $6.3 | D | |
| Employee Stock Option (right to buy) | (8) | 01/08/2035 | Common Stock | 17,500 | $6.58 | D | |
| Explanation of Responses: |
| 1. Includes 700 restricted stock units ("RSUs"). The RSUs will vest on July 1, 2025, subject to the Reporting Person continuing to provide service through each such date. |
| 2. Fully vested. |
| 3. One forty-eighth (1/48th) of the shares vested or shall vest on a monthly basis commencing on July 1, 2021, subject to the Reporting Person continuing to provide service through each such date. |
| 4. One forty-eighth (1/48th) of the shares vested or shall vest on a monthly basis commencing on January 5, 2022, subject to the Reporting Person continuing to provide service through each such date. |
| 5. One forty-eighth (1/48th) of the shares vested or shall vest on a monthly basis commencing on January 8, 2023, subject to the Reporting Person continuing to provide service through each such date. |
| 6. One forty-eighth (1/48th) of the shares vested or shall vest on a monthly basis commencing on January 7, 2024, subject to the Reporting Person continuing to provide service through each such date. |
| 7. One forty-eighth (1/48th) of the shares vested or shall vest on a monthly basis commencing on July 1, 2024, subject to the Reporting Person continuing to provide service through each such date. |
| 8. One forty-eighth (1/48th) of the shares vested or shall vest on a monthly basis commencing on January 9, 2025, subject to the Reporting Person continuing to provide service through each such date. |
| /s/ Marc Belsky, Attorney-in-Fact | 04/16/2025 | |
| ** Signature of Reporting Person | Date | |
| Reminder: Report on a separate line for each class of securities beneficially owned directly or indirectly. | ||
| * If the form is filed by more than one reporting person, see Instruction 5 (b)(v). | ||
| ** Intentional misstatements or omissions of facts constitute Federal Criminal Violations See 18 U.S.C. 1001 and 15 U.S.C. 78ff(a). | ||
| Note: File three copies of this Form, one of which must be manually signed. If space is insufficient, see Instruction 6 for procedure. | ||
| Persons who respond to the collection of information contained in this form are not required to respond unless the form displays a currently valid OMB Number. | ||