Eric Tiziani - 29 Sep 2021 Form 4 Insider Report for OLAPLEX HOLDINGS, INC. (OLPX)

Role
Chief Financial Officer
Signature
/s/ Eric Tiziani
Issuer symbol
OLPX
Transactions as of
29 Sep 2021
Net transactions value
+$295,600
Form type
4
Filing time
11 Mar 2022, 17:30:51 UTC
Next filing
30 Sep 2021
SEC
View on sec.gov

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction OLPX Common Stock Purchase $295,600 +20,000 $14.78* 20,000 10 Mar 2022 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 OLPX Option (Right to Buy) Award $0 +770,850 $0.000000 770,850 29 Sep 2021 Common Stock 770,850 $3.34 Direct F2, F3
transaction OLPX Option (Right to Buy) Award $0 +579,150 $0.000000 579,150 29 Sep 2021 Common Stock 579,150 $3.34 Direct F2, F4
* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id Content
F1 The price reported is a weighted average price. These shares were sold in multiple transactions ranging from $14.74 to $14.79, inclusive. The Reporting Person undertakes to provide to the Company, any security holder of the Company 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 range.
F2 These stock options were granted prior to the initial public offering of the common stock, par value $0.001 per share ("Common Stock"), of Olaplex Holdings, Inc. (the "Company"), pursuant to a reorganization of the Company completed on September 29, 2021. These transactions were exempt from Section 16(b) in reliance upon Rule 16b-3 and are being reported herein pursuant to Rule 16a-2(a).
F3 This option vests as to the underlying shares of Common Stock of the Company, in five equal installments on each of June 7, 2022, June 7, 2023, June 7, 2024, June 7, 2025, and June 7, 2026.
F4 This option is vested as to 193,050 shares of Common Stock underlying this option, and vests as to one third of the remaining portion of the underlying shares of Common Stock in equal installments on each of the first three anniversaries of October 4, 2021, the date of consummation of the initial public offering of the Company's Common Stock.