Sriram Ryali - Jan 1, 2024 Form 4 Insider Report for CODEXIS, INC. (CDXS)

Role: Chief Financial Officer
Signature: /s/ Sriram Ryali
Stock symbol: CDXS
Transactions as of: Jan 1, 2024
Transactions value $: $0
Form type: 4
Date filed: 1/2/2024, 09:24 PM
Previous filing: Sep 12, 2023

Transactions Table

Type	Sym	Class	Transaction	Value $	Shares	Change %	* Price $	Shares After	Date	Ownership	Footnotes
transaction	CDXS	Common Stock	Award	$0	+52.4K	+42.41%	$0.00	176K	Jan 1, 2024	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	CDXS	Stock Option (Right to Buy)	Award	$0	+314K		$0.00	314K	Jan 1, 2024	Common Stock	314K	$3.05	Direct	F2

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

Explanation of Responses:

Id	Content
F1	These restricted stock units vest as to 1/3rd of the shares on each annual anniversary of the grant date, subject to the Reporting Person's continued employment through the applicable vesting dates.
F2	This option vests and becomes exercisable with respect to 1/3rd of the shares subject thereto on the first anniversary of the grant date, and with respect to 1/36th of the original number of shares subject thereto on each monthly anniversary thereafter, subject to the Reporting Person's continued employment through the applicable vesting dates.