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

Role: Chief Financial Officer
Signature: /s/ Will Pridgen, Attorney-in-Fact for Eric d'Esparbes
Issuer symbol: BIORQ
Transactions as of: 15 Apr 2022
Net transactions value: $0
Form type: 4
Filing time: 19 Apr 2022, 16:23:04 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	+231,693	+121%	$0.000000	423,171	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	+375,032		$0.000000	375,032	15 Apr 2022	Common Stock	375,032	$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 231,693 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 375,032 shares of the Issuer's common stock, 7,813 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.