Form 4 for KRYS Krystal Biotech, Inc.
Accepted 2025-02-28 00:00:00 ET · period of report 2025-02-26 · accession 0001298711-25-000002 · SEC index · Original document
Summary rows
Aggregated the way they appear in lists: one row per insider, transaction code and security table.
| X | Filed | Traded | Ticker | Insider | Title | Type | Price | Qty | Owned | ΔOwn | Value |
|---|---|---|---|---|---|---|---|---|---|---|---|
| DM | 2025-02-28 | 2025-02-26+ | KRYS | Krishnan Suma | Pres, R, D, Dir, 10% | F - Tax | $178.70 | -17.2K | 1.47M | -1% | -$3.07M |
| DM | 2025-02-28 | 2025-02-28 | KRYS | Krishnan Suma | Pres, R, D, Dir, 10% | M - OptEx | $0.00 | +30.0K | 1.48M | +2% | $0 |
| DMI | 2025-02-28 | 2025-02-28 | KRYS | Krishnan Suma | Pres, R, D, Dir, 10% | M - OptEx | $0.00 | +47.5K | 1.55M | +3% | $0 |
| DMI | 2025-02-28 | 2025-02-26+ | KRYS | Krishnan Suma | Pres, R, D, Dir, 10% | F - Tax | $178.74 | -26.7K | 1.56M | -2% | -$4.77M |
| DM | 2025-02-28 | 2025-02-28 | KRYS | Krishnan Suma | Pres, R, D, Dir, 10% | A - Grant | $0.00 | +41.0K | 16.0K | New | $0 |
| DM | 2025-02-28 | 2025-02-28 | KRYS | Krishnan Suma | Pres, R, D, Dir, 10% | M - OptEx | $0.00 | -30.0K | 0 | -100% | $0 |
Purchase Sale Sale after option exercise All abbreviations
Every reported transaction
| # | Table | Security | Date | Code | A/D | Shares | Price | Owned after | Own | Exercise / expiry | Underlying | Footnotes |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| 1 | Common | Common Stock | 2025-02-28 | F | D | 3,471 | $179.25 | 1,476,625 | D By Spouse | — | — | (F4) Represents the number of shares of common stock surrendered to the Company for tax withholding upon the vesting of 7,500 PSUs on February 28, 2025. (F5) The closing price on February 28, 2025 of the Company's common stock on the Nasdaq Global Select Market. (F10) Directly beneficially owned by Krish S. Krishnan, the spouse of the Reporting Person. |
| 2 | Common | Common Stock | 2025-02-28 | M | A | 22,500 | $0.00 | 1,499,125 | D By Spouse | — | — | (F6) 45,000 performance stock units ("PSUs") were granted on February 29, 2024. Each PSU represented a contingent right to receive one share of the Company's common stock, subject to the achievement of certain performance criteria during the year ended December 31, 2024, as approved by the Company's Compensation Committee, and the Reporting Person's continued service to the Company on each applicable vesting date following such achievement. The PSUs vest ratably over a two-year period. All of the performance criteria were achieved and one-half of the PSUs granted, or 22,500 PSUs, vested on February 28, 2025. (F10) Directly beneficially owned by Krish S. Krishnan, the spouse of the Reporting Person. |
| 3 | Common | Common Stock | 2025-02-28 | F | D | 10,414 | $179.25 | 1,488,711 | D By Spouse | — | — | (F7) Represents the number of shares of common stock surrendered to the Company for tax withholding upon the vesting of 22,500 PSUs on February 28, 2025. (F5) The closing price on February 28, 2025 of the Company's common stock on the Nasdaq Global Select Market. (F10) Directly beneficially owned by Krish S. Krishnan, the spouse of the Reporting Person. |
| 4 | Common | Common Stock | 2025-02-28 | M | A | 12,500 | $0.00 | 1,549,762 | I By Spouse | — | — | (F9) These same shares are also being reported on a Form 4 by the Reporting Person's spouse, Krish S. Krishnan. (F8) 25,000 PSUs were granted on February 28, 2023, to the Reporting Person's spouse, Krish S. Krishnan. Each PSU represented a contingent right to receive one share of the Company's common stock, subject to the achievement of certain performance criteria during the year ended December 31, 2023, as approved by the Company's Compensation Committee, and the Reporting Person's spouse continued service to the Company on each applicable vesting date following such achievement. The PSUs vested ratably over a two-year period. All of the performance criteria were achieved and one-half of the PSUs granted, or 12,500 PSUs, vested on February 28, 2024, and the remaining 12,500 PSUs vested on February 28, 2025. (F10) Directly beneficially owned by Krish S. Krishnan, the spouse of the Reporting Person. |
| 5 | Common | Common Stock | 2025-02-28 | F | D | 5,786 | $179.25 | 1,543,976 | I By Spouse | — | — | (F11) Represents number of shares of common stock surrendered to the Company for tax withholding by the Reporting Person's spouse, Krish S. Krishnan, upon the vesting of 12,500 PSUs on February 28, 2025. (F9) These same shares are also being reported on a Form 4 by the Reporting Person's spouse, Krish S. Krishnan. (F5) The closing price on February 28, 2025 of the Company's common stock on the Nasdaq Global Select Market. (F10) Directly beneficially owned by Krish S. Krishnan, the spouse of the Reporting Person. |
| 6 | Common | Common Stock | 2025-02-28 | M | A | 7,500 | $0.00 | 1,480,096 | D By Spouse | — | — | (F3) 15,000 performance stock units ("PSUs") were granted on February 28, 2023. Each PSU represented a contingent right to receive one share of the Company's common stock, subject to the achievement of certain performance criteria during the year ended December 31, 2023, as approved by the Company's Compensation Committee, and the Reporting Person's continued service to the Company on each applicable vesting date following such achievement. The PSUs vested ratably over a two-year period. All of the performance criteria were achieved and one-half of the PSUs granted, or 7,500 PSUs, vested on February 28, 2024, and the remaining 7,500 PSUs vested on February 28, 2025. (F10) Directly beneficially owned by Krish S. Krishnan, the spouse of the Reporting Person. |
| 7 | Common | Common Stock | 2025-02-28 | F | D | 4,050 | $179.25 | 1,548,676 | I | — | — | (F9) These same shares are also being reported on a Form 4 by the Reporting Person's spouse, Krish S. Krishnan. (F13) Represents number of shares of common stock surrendered to the Company for tax withholding by the Reporting Person's spouse, Krish S. Krishnan, upon the vesting of 8,750 RSUs on February 28, 2025. (F5) The closing price on February 28, 2025 of the Company's common stock on the Nasdaq Global Select Market. |
| 8 | Common | Common Stock | 2025-02-28 | M | A | 26,250 | $0.00 | 1,574,926 | I | — | — | (F14) 52,500 PSUs were granted on February 29, 2024, to the Reporting Person's spouse, Krish S. Krishnan. Each PSU represented a contingent right to receive one share of the Company's common stock, subject to the achievement of certain performance criteria during the year ended December 31, 2024, as approved by the Company's Compensation Committee, and the Reporting Person's spouse continued service to the Company on each applicable vesting date following such achievement. The PSUs vest ratably over a two-year period. All of the performance criteria were achieved and one-half of the PSUs granted, or 26,250 PSUs, vested on February 28, 2025. (F9) These same shares are also being reported on a Form 4 by the Reporting Person's spouse, Krish S. Krishnan. |
| 9 | Common | Common Stock | 2025-02-28 | F | D | 12,149 | $179.25 | 1,562,777 | I | — | — | (F15) Represents number of shares of common stock surrendered to the Company for tax withholding by the Reporting Person's spouse, Krish S. Krishnan, upon the vesting of 26,250 PSUs on February 28, 2025. (F9) These same shares are also being reported on a Form 4 by the Reporting Person's spouse, Krish S. Krishnan. (F5) The closing price on February 28, 2025 of the Company's common stock on the Nasdaq Global Select Market. |
| 10 | Common | Common Stock | 2025-02-26 | F | D | 4,721 | $176.39 | 1,558,056 | I | — | — | (F16) Represents the number of shares of common stock surrendered to the Company for tax withholding by the Reporting Person's spouse, Krish S. Krishnan, upon the vesting of 10,200 shares of restricted stock on February 26, 2025. 40,800 RSAs were granted on February 26, 2021, to the Reporting Person's spouse, Krish S. Krishnan. Each RSA represented a contingent right to receive one share of the Company's common stock, subject to the Reporting Person's spouse continued service to the Company on each applicable vesting date. The RSAs vested in four equal annual installments beginning on February 26, 2022. (F9) These same shares are also being reported on a Form 4 by the Reporting Person's spouse, Krish S. Krishnan. |
| 11 | Common | Common Stock | 2025-02-26 | F | D | 3,286 | $176.39 | 1,472,596 | D By Spouse | — | — | (F1) Represents number of shares of common stock surrendered to the Company for tax withholding upon the vesting of 7,100 shares of restricted stock on February 26, 2025. 28,400 Restricted Stock Awards ("RSAs) were granted on February 26, 2021, to the Reporting Person. Each RSA represented a contingent right to receive one share of the Company's common stock, subject to the Reporting Person's continued service to the Company on each applicable vesting date. The RSAs vested in four equal annual installments beginning on February 26, 2022. (F2) The closing price on February 26, 2025 of the Company's common stock on the Nasdaq Global Select Market. (F10) Directly beneficially owned by Krish S. Krishnan, the spouse of the Reporting Person. |
| 12 | Common | Common Stock | 2025-02-28 | M | A | 8,750 | $0.00 | 1,552,726 | I | — | — | (F12) 35,000 restricted stock units ("RSUs") were granted on February 29, 2024, to the Reporting Person's spouse, Krish S. Krishnan. Each RSU represented a contingent right to receive one share of the Company's common stock, subject to the Reporting Person's spouse continued service to the Company on each applicable vesting date. The RSUs vest ratably over a four-year period with the first installment, or 8,750 RSUs, vesting on February 28, 2025. (F9) These same shares are also being reported on a Form 4 by the Reporting Person's spouse, Krish S. Krishnan. |
| 13 | Derivative | Stock Option (Right to Buy) | 2025-02-28 | A | A | 25,000 | $0.00 | 25,000 | D | $179.25 · — to 2035-02-28 | 25,000 Common Stock | (F18) The option vests in four equal annual installments beginning on February 28, 2026. |
| 14 | Derivative | Performance Stock Units | 2025-02-28 | M | D | 22,500 | $0.00 | 22,500 | D | — · — to — | 22,500 Common Stock | (F6) 45,000 performance stock units ("PSUs") were granted on February 29, 2024. Each PSU represented a contingent right to receive one share of the Company's common stock, subject to the achievement of certain performance criteria during the year ended December 31, 2024, as approved by the Company's Compensation Committee, and the Reporting Person's continued service to the Company on each applicable vesting date following such achievement. The PSUs vest ratably over a two-year period. All of the performance criteria were achieved and one-half of the PSUs granted, or 22,500 PSUs, vested on February 28, 2025. |
| 15 | Derivative | Restricted Stock Units | 2025-02-28 | A | A | 16,000 | $0.00 | 16,000 | D | — · — to — | 16,000 Common Stock | (F20) The number of RSUs in this column represents the number of shares of common stock the Reporting Person will receive assuming the Reporting Person's continued service to the Company on all applicable vesting dates. (F19) Each RSU represents a contingent right to receive one share of the Company's common stock, subject to the Reporting Person's continued service to the Company on each applicable vesting date. (F21) The RSUs vest in four equal annual installments with the first installment vesting on February 28, 2026. |
| 16 | Derivative | Performance Stock Units | 2025-02-28 | M | D | 7,500 | $0.00 | 0 | D | — · — to — | 7,500 Common Stock | (F3) 15,000 performance stock units ("PSUs") were granted on February 28, 2023. Each PSU represented a contingent right to receive one share of the Company's common stock, subject to the achievement of certain performance criteria during the year ended December 31, 2023, as approved by the Company's Compensation Committee, and the Reporting Person's continued service to the Company on each applicable vesting date following such achievement. The PSUs vested ratably over a two-year period. All of the performance criteria were achieved and one-half of the PSUs granted, or 7,500 PSUs, vested on February 28, 2024, and the remaining 7,500 PSUs vested on February 28, 2025. |