Aditya P. Mohanty - 15 May 2022 Form 4 Insider Report for BIORA THERAPEUTICS, INC. (BIORQ)

Signature
/s/ Will Pridgen, Attorney-in-Fact for Aditya P. Mohanty
Issuer symbol
BIORQ
Transactions as of
15 May 2022
Net transactions value
$0
Form type
4
Filing time
17 May 2022, 17:19:35 UTC
Previous filing
15 Nov 2021
Next filing
16 Nov 2022

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction BIOR Common Stock Award $0 +1,562,500 +111% $0.000000 2,974,929 15 May 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 +2,495,425 $0.000000 2,495,425 15 May 2022 Common Stock 2,495,425 $0.7500 Direct F2
* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id Content
F1 Consists of 1,562,500 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 2,495,425 shares of the Issuer's common stock, 25% of which will vest on May 15, 2023, with the remaining shares vesting in equal monthly installments through May 15, 2026, subject to the Reporting Person's continued service to the Issuer.