John L. Higgins - Nov 1, 2022 Form 4 Insider Report for OmniAb, Inc. (OABI)

Role
Director
Signature
/s/ Charles S. Berkman, Attorney-in-Fact
Stock symbol
OABI
Transactions as of
Nov 1, 2022
Transactions value $
$621,553
Form type
4
Date filed
11/3/2022, 09:15 PM
Previous filing
Oct 31, 2022
Next filing
Nov 21, 2022

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction OABI Common Stock Award +2.18M 2.18M Nov 1, 2022 Direct F1, F2, F3
transaction OABI Common Stock Options Exercise $622K +247K +11.33% $2.52 2.42M Nov 2, 2022 Direct

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 OABI Stock Option Award +247K 247K Nov 1, 2022 Common Stock 247K $2.52 Direct F1, F4
transaction OABI Stock Option Award +61.4K 61.4K Nov 1, 2022 Common Stock 61.4K $3.68 Direct F1, F4
transaction OABI Stock Option Award +401K 401K Nov 1, 2022 Common Stock 401K $8.54 Direct F1, F4
transaction OABI Stock Option Award +233K 233K Nov 1, 2022 Common Stock 233K $6.46 Direct F1, F4
transaction OABI Stock Option Award +232K 232K Nov 1, 2022 Common Stock 232K $9.84 Direct F1, F4
transaction OABI Stock Option Award +187K 187K Nov 1, 2022 Common Stock 187K $11.52 Direct F1, F4
transaction OABI Stock Option Award +177K 177K Nov 1, 2022 Common Stock 177K $18.24 Direct F1, F4
transaction OABI Stock Option Award +251K 251K Nov 1, 2022 Common Stock 251K $13.54 Direct F1, F5
transaction OABI Stock Option Award +261K 261K Nov 1, 2022 Common Stock 261K $10.98 Direct F1, F6
transaction OABI Stock Option Award +108K 108K Nov 1, 2022 Common Stock 108K $20.36 Direct F1, F7
transaction OABI Stock Option Options Exercise $0 -247K -100% $0.00* 0 Nov 2, 2022 Common Stock 247K $2.52 Direct F4
* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id Content
F1 Pursuant to the business combination of Avista Public Acquisition Corp. II and OmniAb, Inc. ("Legacy OmniAb"), as contemplated by an agreement and plan of merger, dated March 23, 2022 (the "Merger Agreement"), each share of common stock, option and award of restricted stock unit of Legacy OmniAb automatically converted into the right to receive securities of the Issuer with the same terms and conditions in accordance with an exchange ratio described in the Merger Agreement.
F2 Includes 183,384 restricted stock units ("RSUs"). Each RSU represents a contingent right to receive one share of the Issuer's Common Stock and does not expire.
F3 Includes 362,232 earn-out shares subject to forfeiture provisions described in the Merger Agreement.
F4 The stock option is fully vested and exercisable.
F5 The stock option vests and is exercisable as to 12.5% of the underlying shares on August 11, 2019, and in 42 substantially equal monthly installments thereafter.
F6 The stock option vests and is exercisable as to 12.5% of the underlying shares on August 13, 2020, and in 42 substantially equal monthly installments thereafter.
F7 The stock option vests and is exercisable as to 12.5% of the underlying shares on August 3, 2021, and in 42 substantially equal monthly installments thereafter.