Matthew Franklin - 02 Nov 2022 Form 4 Insider Report for Akili, Inc.

Role
President & Chief Operating Officer
Signature
/s/ Jacqueline Studer, attorney-in-fact
Issuer symbol
N/A
Transactions as of
02 Nov 2022
Net transactions value
$0
Form type
4
Filing time
04 Nov 2022, 19:02:58 UTC
Previous filing
19 Aug 2022
Next filing
14 Mar 2023
SEC
View on sec.gov

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction AKLI Common Stock Award +711,626 711,626 02 Nov 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 AKLI Stock Option (Right to Buy) Award $0 +973,234 $0.000000 973,234 02 Nov 2022 Common Stock 973,234 $2.30 Direct F2
* 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. 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.
F2 11.11% of the shares underlying this option vested and became exercisable on October 19, 2022, with an additional 22.22% vesting on June 21, 2023 and the remainder vesting in six (6) semi-annual installments thereafter, subject to the reporting person's continued service on each such vesting date.

Remarks:

President & Chief Operating Officer