Matthew Franklin - 10 Mar 2023 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
10 Mar 2023
Net transactions value
$0
Form type
4
Filing time
14 Mar 2023, 16:38:10 UTC
Previous filing
04 Nov 2022
Next filing
14 Sep 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 +44,000 +6.2% 755,626 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 +200,000 $0.000000 200,000 10 Mar 2023 Common Stock 200,000 $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.

Remarks:

President & Chief Operating Officer