Santosh Shanbhag - 10 Mar 2023 Form 4 Insider Report for Akili, Inc. (AKLI)

Role: Chief Financial Officer
Signature: /s/ Jacqueline Studer, attorney-in-fact
Issuer symbol: AKLI
Transactions as of: 10 Mar 2023
Transactions value $: $0
Form type: 4
Filing time: 14 Mar 2023, 16:37:05 UTC
Previous filing: 04 Nov 2022
Next filing: 04 May 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		+21K	+6.9%		325K	10 Mar 2023	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	+83K		$0.00	83K	10 Mar 2023	Common Stock	83K	$1.56	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. 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 in eight equal semiannual installments following the grant date, subject to the reporting person's continued service on each such vesting date.
F2	The shares underlying this option shall vest in eight equal semiannual installments following the grant date, subject to the reporting person's continued service on each such vesting date.

Content

Represents a grant of restricted stock units ("RSUs") under the Akili, Inc. 2022 Stock Option and Incentive 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 in eight equal semiannual installments following the grant date, subject to the reporting person's continued service on each such vesting date.

The shares underlying this option shall vest in eight equal semiannual installments following the grant date, subject to the reporting person's continued service on each such vesting date.