Sarah Boyce - 01 Nov 2022 Form 4 Insider Report for OmniAb, Inc. (OABI)

Role
Director
Signature
/s/ Charles S. Berkman, Attorney-in-Fact
Issuer symbol
OABI
Transactions as of
01 Nov 2022
Net transactions value
$0
Form type
4
Filing time
03 Nov 2022, 21:15:38 UTC
Previous filing
26 Aug 2022
Next filing
14 Nov 2022
SEC
View on sec.gov

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction OABI Common Stock Award +37,437 37,437 01 Nov 2022 Direct F1, F2, F3

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 +22,616 22,616 01 Nov 2022 Common Stock 22,616 $12.37 Direct F1, F4
transaction OABI Stock Option Award +10,565 10,565 01 Nov 2022 Common Stock 10,565 $13.49 Direct F1, F4
transaction OABI Stock Option Award +13,994 13,994 01 Nov 2022 Common Stock 13,994 $13.24 Direct F1, F4
transaction OABI Stock Option Award +37,840 37,840 01 Nov 2022 Common Stock 37,840 $9.10 Direct F1, F5
* 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 8,753 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 14,512 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 fully vests on the earlier of (i) the date of the next annual meeting of the Issuer's stockholders or (ii) on June 10, 2023.