Sec Form 4 Filing - SINGAPORE BIO INNOVATIONS PTE LTD @ KALOBIOS PHARMACEUTICALS INC - 2013-02-05

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FORM 4
Check this box if no longer subject to Section 16. Form 4 or Form 5 obligations may continue. See Instruction 1(b).
UNITED STATES SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549
STATEMENT OF CHANGES IN BENEFICIAL OWNERSHIP
Filed pursuant to Section 16(a) of the Securities Exchange Act of 1934, Section 17(a) of the Public Utility Holding Company Act of 1935 or Section 30(h) of the Investment Company Act of 1940
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1. Name and Address of Reporting Person
SINGAPORE BIO INNOVATIONS PTE LTD
2. Issuer Name and Ticker or Trading Symbol
KALOBIOS PHARMACEUTICALS INC [ KBIO]
5. Relationship of Reporting Person(s) to Issuer
(Check all applicable)
_____ Director X __ 10% Owner
_____ Officer (give title below) _____ Other (specify below)
(Last) (First) (Middle)
250 NORTH BRIDGE ROAD, #20-02 RAFFLES CITY TOWER
3. Date of Earliest Transaction (MM/DD/YY)
02/05/2013
(Street)
SINGAPORE 179101
4. If Amendment, Date Original Filed (MM/DD/YY)
6. Individual or Joint/Group Filing (Check Applicable Line)
_____ Form filed by One Reporting Person
__ X __ Form filed by More than One Reporting Person
(City) (State) (Zip)
Table I - Non-Derivative Securities Acquired, Disposed of, or Beneficially Owned
1.Title of Security
(Instr. 3)
2. Transaction Date (MM/DD/YY) 2A. Deemed Execution Date, if any (MM/DD/YY) 3. Transaction Code
(Instr. 8)
4. Securities Acquired (A) or Disposed of (D)
(Instr. 3, 4 and 5)
5. Amount of Securities Beneficially Owned Following Reported Transaction(s)
(Instr. 3 and 4)
6. Ownership Form: Direct (D) or Indirect (I)
(Instr. 4)
7. Nature of Indirect Beneficial Ownership
(Instr. 4)
Code V Amount (A) or (D) Price
Common Stock 02/05/2013 C 472,013 ( 4 ) A 474,018 D ( 3 )
Table II - Derivative Securities Acquired, Disposed of, or Beneficially Owned
( e.g. , puts, calls, warrants, options, convertible securities)
1. Title of Derivative Security
(Instr. 3)
2. Conversion or Exercise Price of Derivative Security 3. Transaction Date (MM/DD/YY) 3A. Deemed Execution Date, if any (MM/DD/YY) 4. Transaction Code
(Instr. 8)
5. Number of Derivative Securities Acquired (A) or Disposed of (D)
(Instr. 3, 4, and 5)
6. Date Exercisable and Expiration Date
(MM/DD/YY)
7. Title and Amount of Underlying Securities
(Instr. 3 and 4)
8. Price of Derivative Security
(Instr. 5)
9. Number of Derivative Securities Beneficially Owned Following Reported Transaction(s)
(Instr. 4)
10. Ownership Form of Derivative Security: Direct (D) or Indirect (I)
(Instr. 4)
11. Nature of Indirect Beneficial Ownership
(Instr. 4)
Code V (A) (D) Date Exercisable Expiration Date Title Amount or Number of Shares
Series B-1 Preferred Stock ( 1 ) 02/05/2013 C 121,149 ( 2 ) ( 1 ) ( 1 ) Common Stock 121,149 ( 1 ) ( 2 ) $ 0 0 D ( 3 )
Series B-2 Preferred Stock ( 1 ) 02/05/2013 C 175,489 ( 2 ) ( 1 ) ( 1 ) Common Stock 175,489 ( 1 ) ( 2 ) $ 0 0 D ( 3 )
Series C Preferred Stock ( 1 ) 02/05/2013 C 51,710 ( 2 ) ( 1 ) ( 1 ) Common Stock 56,595.9 ( 1 ) ( 2 ) $ 0 0 D ( 3 )
Series D Preferred Stock ( 1 ) 02/05/2013 C 104,387 ( 2 ) ( 1 ) ( 1 ) Common Stock 118,779.1 ( 1 ) ( 2 ) $ 0 0 D ( 3 )
Reporting Owners
Reporting Owner Name / Address Relationships
Director 10% Owner Officer Other
SINGAPORE BIO INNOVATIONS PTE LTD
250 NORTH BRIDGE ROAD
#20-02 RAFFLES CITY TOWER
SINGAPORE 179101
X
EDB Investments Pte Ltd.
250 NORTH BRIDGE ROAD
#20-03 RAFFLES CITY TOWER
SINGAPORE 179101
X
Signatures
/s/ Lowell Segal, on behalf of Singapore Bio-Innovations Pte Ltd. as its attorney-in-fact 02/07/2013
Signature of Reporting Person Date
Explanation of Responses:
( 1 )The Series B-1 Convertible Preferred Stock and Series B-2 Convertible Preferred Stock converted into the common stock of the Issuer on a 1-for-1 basis and had no expiration date. Series C Convertible Preferred Stock converted into the common stock of the Issuer on a 1-for-1.09 basis and had no expiration date. Series D Convertible Preferred Stock converted into the common stock of the Issuer on a 1-for-1.14 basis and had no expiration date.
( 2 )Reflects a 1-for-3.56147 reverse stock split which became effective on January 15, 2013.
( 3 )EDB Investments Pte Ltd ("EDBI"), as the parent entity of Singapore Bio-Innovations Pte Ltd, beneficially owns the reported securities indirectly. The Economic Development Board of Singapore ("EDB"), a Singapore government entity, is the parent entity of EDBI. EDBI, EDB and the Singapore government may be deemed to have shared voting and dispositive power over the securities owned beneficially and of record by Singapore Bio-Innovations Pte Ltd.
( 4 )Represents the sum of all converted shares described in Table II of this Form 4. The converted shares were first aggregated on a per Reporting Person basis and then rounded down to the next whole share.

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 4(b)(v).
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