Aditya P. Mohanty - 08 Nov 2021 Form 4 Insider Report for PROGENITY, INC. (BIORQ)

Role: Chief Executive Officer, Director
Signature: /s/ Will Pridgen, Attorney-in-Fact for Aditya P. Mohanty
Issuer symbol: BIORQ
Transactions as of: 08 Nov 2021
Net transactions value: $0
Form type: 4
Filing time: 15 Nov 2021, 18:34:38 UTC
Next filing: 17 May 2022
SEC: View on sec.gov

Transactions Table

Type	Sym	Class	Transaction	Value $	Shares	Change %	* Price $	Shares After	Date	Ownership	Footnotes
transaction	BIOR	Common Stock	Award	$0	+1,412,429		$0.000000	1,412,429	08 Nov 2021	Direct	F1

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	BIOR	Stock Option (Right to Buy)	Award	$0	+2,086,898		$0.000000	2,086,898	08 Nov 2021	Common Stock	2,086,898	$3.54	Direct	F2

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

Explanation of Responses:

Id	Content
F1	Represents 1,412,429 restricted stock units, 25% of which will vest on November 15, 2022, with the remaining shares vesting in equal semi-annual installments through November 15, 2025, subject to the Reporting Person's continued service to the Issuer.
F2	This option represents the right to purchase 2,086,898 shares of the Issuer's common stock, 25% of which will vest on November 8, 2022, with the remaining shares vesting in equal monthly installments through November 8, 2025, subject to the Reporting Person's continued service to the Issuer.