Aditya P. Mohanty - Nov 8, 2021 Form 4 Insider Report for PROGENITY, INC. (BIOR)

Role
Chief Executive Officer, Director
Signature
/s/ Will Pridgen, Attorney-in-Fact for Aditya P. Mohanty
Stock symbol
BIOR
Transactions as of
Nov 8, 2021
Transactions value $
$0
Form type
4
Date filed
11/15/2021, 06:34 PM
Next filing
May 17, 2022

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction BIOR Common Stock Award $0 +1.41M $0.00 1.41M Nov 8, 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 +2.09M $0.00 2.09M Nov 8, 2021 Common Stock 2.09M $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.