Walter Edward Martucci II - Nov 2, 2022 Form 4 Insider Report for Akili, Inc. (AKLI)

Role: Chief Executive Officer, Director
Signature: /s/ Jacqueline Studer, attorney-in-fact
Stock symbol: AKLI
Transactions as of: Nov 2, 2022
Transactions value $: $0
Form type: 4
Date filed: 11/4/2022, 06:59 PM
Previous filing: Dec 13, 2022
Next filing: Mar 14, 2023

Transactions Table

Type	Sym	Class	Transaction	Value $	Shares	Change %	* Price $	Shares After	Date	Ownership	Footnotes
transaction	AKLI	Common Stock	Award		+109K			109K	Nov 2, 2022	Direct	F1
transaction	AKLI	Common Stock	Award		+2.99M	+2739.63%		3.1M	Nov 2, 2022	Direct	F2

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	AKLI	Stock Option (Right to Buy)	Award	$0	+443K		$0.00	443K	Nov 2, 2022	Common Stock	443K	$2.30	Direct	F3

* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id	Content
F1	Represents a grant of restricted stock units ("RSUs") under the Akili, Inc. 2022 Stock Option and Incentive Plan (the "Plan"). Each RSU represents the contingent right to receive one share of the Issuer's common stock upon vesting and settlement. 16.67% of the RSUs underlying this grant shall vest on May 2, 2023, with an additional 16.67% vesting at the end of each six (6) month period thereafter, subject to the reporting person's continued service on each such vesting date.
F2	Represents a grant of RSUs under the Plan. Each RSU represents the contingent right to receive one share of the Issuer's common stock upon vesting and settlement. The RSUs underlying this grant shall vest upon the Issuer's common stock achieving certain specified prices per share, subject to the reporting person's continued service at such time.
F3	16.67% of the shares underlying this option shall vest and become exercisable on May 2, 2023, with an additional 16.67% vesting at the end of each six (6) month period thereafter, subject to the reporting person's continued service on each such vesting date.