ERIC DOBMEIER - 01 Dec 2022 Form 4 Insider Report for CHINOOK THERAPEUTICS, INC.

Role: President, CEO, Director
Signature: /s/ Kirk Schumacher, Attorney-in-Fact
Issuer symbol: N/A
Transactions as of: 01 Dec 2022
Net transactions value: -$644,151
Form type: 4
Filing time: 02 Dec 2022, 15:26:37 UTC
Previous filing: 11 Oct 2022
Next filing: 15 Dec 2022
SEC: View on sec.gov

Transactions Table

Type	Sym	Class	Transaction	Value $	Shares	Change %	* Price $	Shares After	Date	Ownership	Footnotes
transaction	KDNY	Common Stock	Gift	$0	-25,000	-11%	$0.000000	211,676	01 Dec 2022	Direct
transaction	KDNY	Common Stock	Options Exercise	$25,200	+60,000	+28%	$0.4200^*	271,676	01 Dec 2022	Direct
transaction	KDNY	Common Stock	Sale	$669,351	-30,000	-11%	$22.31	241,676	01 Dec 2022	Direct	F1, F2

Derivative Securities (e.g., puts, calls, warrants, options, convertible securities)

Type	Sym	Class	Transaction	Value $	Shares	Change %	* Price $	Shares After	Date	Underlying Class	Amount	Exercise Price	Ownership	Footnotes
transaction	KDNY	Stock Option (Right to Buy)	Options Exercise	$0	-60,000	-14%	$0.000000	363,555	01 Dec 2022	Common Stock	60,000	$0.4200	Direct	F3

* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id	Content
F1	The transactions reported on this Form 4 were effected pursuant to a Rule 10b5-1 trading plan adopted by the reporting person.
F2	The price reported in Column 4 is a weighted average price. These shares were sold in multiple transactions at prices ranging from $22.08 to $22.64, inclusive. The reporting person undertakes to provide to the Issuer, any security holder of the Issuer, or the staff of the Securities and Exchange Commission, upon request, full information regarding the number of shares sold at each separate price within the ranges set forth herein.
F3	The stock option vested as to 25% of the total shares monthly on March 6, 2021, and thereafter vests as to 1/48 of the total shares until fully vested, subject to the Reporting Person's provision of service to the Issuer on the vesting date.