Matthew Allen Walker - Jul 24, 2023 Form 4 Insider Report for GreenLight Biosciences Holdings, PBC (GRNA)

Signature
/s/ Matthew Allen Walker
Stock symbol
GRNA
Transactions as of
Jul 24, 2023
Transactions value $
$0
Form type
4
Date filed
7/26/2023, 05:21 PM
Previous filing
Aug 15, 2022

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction GRNA Common Stock Disposed to Issuer -63.8K -100% 0 Jul 24, 2023 Direct F1
transaction GRNA Common Stock Other -22.3M -100% 0 Jul 24, 2023 By Builders Vision, LLC F2, F3, F4

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 GRNA Stock Option (Right to Buy) Disposed to Issuer $0 -65K -100% $0.00* 0 Jul 24, 2023 Common Stock 65K $7.96 Direct F1, F5
* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Matthew Allen Walker is no longer subject to Section 16 filing requirements. Form 4 or Form 5 obligations may continue.

Explanation of Responses:

Id Content
F1 Disposed of in connection with the merger of Issuer with a wholly-owned subsidiary of the acquiring company, pursuant to which the Issuer became a wholly-owned subsidiary of the acquiring company and all outstanding shares of Issuer's Common Stock were automatically cancelled in exchange for cash payment of $0.30 per share.
F2 Disposed of pursuant to a contribution and exchange agreement entered into in connection with the merger described above in exchange for the same number of shares of the acquiring company with a value of $0.40 per share.
F3 Total number of shares beneficially owned by the Reporting Person includes: (i) 11,551,245 shares held by S2G Builders Food & Agriculture Fund III, LP ("Fund III"); (ii) 2,087,043 shares held by S2G Ventures Fund I, L.P. ("Fund I"); (iii) 8,582,284 shares held by S2G Ventures Fund II, L.P. ("Fund II" and, together with Fund I, and Fund III, the "S2G Funds"); and (iv) 127,551 shares held by Builders GRNA Holdings, LLC ("SPV"). Builders Vision, LLC is the Manager Fund I, Fund II, and SPV and the General Partner of Fund III, and has power to vote or direct the voting of shares held by the S2G Funds and SPV. The General Partners of Fund I and Fund II are S2G Ventures, LLC and S2G Ventures II, LLC, respectively.
F4 (Continued) Mr. Walker, a director of the Issuer, is a Managing Director of Builders Vision, LLC, the impact platform founded by Lukas T. Walton, which includes S2G Ventures. By virtue of the foregoing, S2G Ventures, LLC and S2G Ventures II, LLC, Mr. Walker and Mr. Walton may be deemed to indirectly beneficially own (as defined in Rule 13d-3 of the Exchange Act) the shares of Common Stock held by the S2G Funds. Mr. Walker and Mr. Walton each disclaims beneficial ownership of these shares of Common Stock except to the extent of any pecuniary interest therein.
F5 25,000 shares underlying the option vested or shall vest in four equal quarterly installments, the first of which shall vest on May 3, 2022. The remaining 40,000 shares underlying the option vested or shall vest in twelve equal quarterly installments, the first of which shall vest on May 3, 2022. The option was canceled pursuant to the merger for no payment.