SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549
Pursuant to Section 13 or 15(d)
of the Securities Exchange Act of 1934
Date of Report (Date of earliest event reported): March 12, 2021
KYMERA THERAPEUTICS, INC.
(Exact name of registrant as specified in its charter)
(State or other jurisdiction
Kymera Therapeutics, Inc.
200 Arsenal Yards Blvd., Suite 230
Watertown, Massachusetts 02472
(Address of principal executive offices, including zip code)
(Registrants telephone number, including area code)
(Former Name or Former Address, if Changed Since Last Report)
Check the appropriate box below if the Form 8-K filing is intended to simultaneously satisfy the filing obligation of the registrant under any of the following provisions:
Written communications pursuant to Rule 425 under the Securities Act (17 CFR 230.425)
Soliciting material pursuant to Rule 14a-12 under the Exchange Act (17 CFR 240.14a-12)
Pre-commencement communications pursuant to Rule 14d-2(b) under the Exchange Act (17 CFR 240.14d-2(b))
Pre-commencement communications pursuant to Rule 13e-4(c) under the Exchange Act (17 CFR 240.13e-4(c))
Securities registered pursuant to Section 12(b) of the Act:
Title of each class
Name of each exchange
on which registered
|Common Stock, $0.0001 par value per share||KYMR||The Nasdaq Global Market|
Indicate by check mark whether the registrant is an emerging growth company as defined in Rule 405 of the Securities Act of 1933 (§ 230.405 of this chapter) or Rule 12b-2 of the Securities Exchange Act of 1934 (§ 240.12b-2 of this chapter).
Emerging growth company ☒
If an emerging growth company, indicate by check mark if the registrant has elected not to use the extended transition period for complying with any new or revised financial accounting standards provided pursuant to Section 13(a) of the Exchange Act. ☐
Item 5.02. Departure of Directors or Certain Officers; Election of Directors.
On March 12, 2021, Mr. Andrew Hedin, a member of the Board of Directors (the Board) of Kymera Therapeutics, Inc. (the Company) and the Audit Committee of the Board, informed the Company that he does not intend to stand for reelection at the Companys 2021 annual meeting of stockholders. Mr. Hedins intention not to stand for reelection was not the result of any disagreement with the Company on any matter relating to the Companys operations, policies or practices.
On March 12, 2021, upon the recommendation of the Nominating and Corporate Governance Committee of the Board, the Board appointed Elena Ridloff, CFA, to join the Board, effective as of March 12, 2021. Ms. Ridloff will serve as a Class III director until her term expires at the 2023 annual meeting of stockholders at which time she will stand for election by the Companys stockholders. The Board determined that Ms. Ridloff is independent under the listing standards of Nasdaq. Ms. Ridloff was also appointed to serve as the chair of the Audit Committee of the Board. Effective as of March 12, 2021, the Audit Committee of the Board is composed of Elena Ridloff, CFA, Andrew Hedin and Joanna Horobin, M.B., Ch.B. The composition of the Compensation Committee and the Nominating and Corporate Governance Committee remains unchanged.
As a non-employee director, Ms. Ridloff will receive cash compensation and an equity award for her Board service in accordance with the Companys Non-Employee Director Compensation Policy. Ms. Ridloff is not a party to any transaction with the Company that would require disclosure under Item 404(a) of Regulation S-K, and there are no arrangements or understandings between Ms. Ridloff and any other persons pursuant to which she was selected as a director. In addition, Ms. Ridloff has entered into an indemnification agreement with the Company consistent with the form of indemnification agreement entered into between the Company and its existing non-employee directors.
Pursuant to the requirements of the Securities Exchange Act of 1934, the registrant has duly caused this report to be signed on its behalf by the undersigned hereunto duly authorized.
|Kymera Therapeutics, Inc.|
|Date: March 16, 2021||By:|
|Nello Mainolfi, Ph.D.|
|Founder, President and Chief Executive Officer|