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

Role
Senior Vice President, General Counsel and Secretary
Signature
/s/ Will Pridgen, Attorney-in-Fact for Clarke Neumann
Stock symbol
BIOR
Transactions as of
Apr 15, 2022
Transactions value $
$0
Form type
4
Date filed
4/19/2022, 04:21 PM
Previous filing
Feb 17, 2022
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 +185K +140.26% $0.00 317K Apr 15, 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 +299K $0.00 299K Apr 15, 2022 Common Stock 299K $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