Randal W. Scott - Jul 16, 2022 Form 4 Insider Report for Invitae Corp (NVTA)

Role
Director
Signature
/s/ Thomas R. Brida, Attorney-in-Fact
Stock symbol
NVTA
Transactions as of
Jul 16, 2022
Transactions value $
$0
Form type
4
Date filed
7/19/2022, 06:48 PM
Previous filing
Jun 24, 2022
Next filing
May 1, 2023

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction NVTA Common Stock Award $0 +45.3K +122.5% $0.00 82.3K Jul 16, 2022 Direct F1
transaction NVTA Common Stock Award $0 +8.48K +10.29% $0.00 90.8K Jul 16, 2022 Direct F2
holding NVTA Common Stock 60K Jul 16, 2022 By OG Family Trust

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 NVTA Employee Stock Option (right to buy) Award $0 +22.7K $0.00 22.7K Jul 16, 2022 Common Stock 22.7K $2.85 Direct F3
transaction NVTA Employee Stock Option (right to buy) Award $0 +4.28K $0.00 4.28K Jul 16, 2022 Common Stock 4.28K $2.85 Direct F4
* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id Content
F1 Shares issuable upon settlement of a restricted stock unit award that vests in four equal installments, with 1/4th of the total award vesting on each of August 15, 2023, 2024, 2025 and 2026, subject to continued service with the issuer through the applicable vesting dates.
F2 Shares issuable upon settlement of a restricted stock unit award that vests in full on May 15, 2023.
F3 Option vests over four years, with 25% of the shares vesting on July 16, 2023, and 1/48th of the remaining shares vesting monthly thereafter for the remaining three years.
F4 Option vests in nine equal monthly installments starting from July 16, 2022.