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

Role: Chief Financial Officer
Signature: /s/ Will Pridgen, Attorney-in-Fact for Eric d'Esparbes
Stock symbol: BIOR
Transactions as of: Apr 15, 2022
Transactions value $: $0
Form type: 4
Date filed: 4/19/2022, 04:23 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	+232K	+121%	$0.00	423K	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	+375K		$0.00	375K	Apr 15, 2022	Common Stock	375K	$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.