Clarke Neumann - 15 Apr 2022 Form 4 Insider Report for PROGENITY, INC. (BIORQ)

Role
Senior Vice President, General Counsel and Secretary
Signature
/s/ Will Pridgen, Attorney-in-Fact for Clarke Neumann
Issuer symbol
BIORQ
Transactions as of
15 Apr 2022
Net transactions value
$0
Form type
4
Filing time
19 Apr 2022, 16:21:14 UTC
Previous filing
17 Feb 2022
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 +184,843 +140% $0.000000 316,625 15 Apr 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 BIOR Stock Option (Right to Buy) Award $0 +299,197 $0.000000 299,197 15 Apr 2022 Common Stock 299,197 $1.00 Direct F2
* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id Content
F1 Consists of 184,843 restricted stock units, 25% of which will vest on May 15, 2023, with the remaining shares vesting in equal semi-annual installments through May 15, 2026, subject to the Reporting Person's continued service to the Issuer.
F2 This option represents the right to purchase 299,197 shares of the Issuer's common stock, 6,233 of which vested upon grant, with the remaining shares vesting in equal monthly installments through March 15, 2026, subject to the Reporting Person's continued service to the Issuer.

Remarks:

Senior Vice President, General Counsel and Secretary