Todd Robert Nelson - Jun 22, 2023 Form 4 Insider Report for Telesis Bio Inc. (TBIO)

Role
Chief Executive Officer, Director, 10%+ Owner
Signature
/s/ Rob Cutler, as Attorney-in-Fact
Stock symbol
TBIO
Transactions as of
Jun 22, 2023
Transactions value $
-$2,511
Form type
4
Date filed
3/5/2024, 06:55 PM
Previous filing
Jun 7, 2023
Next filing
Feb 29, 2024

Transactions Table

Type Sym Class Transaction Value $ Shares Change % Price $ Shares After Date Ownership Footnotes
transaction TBIO Common Stock +Grant/Award $0 +47,700 +36.33% $0.00 178,996 Jun 22, 2023 Direct F1
transaction TBIO Common Stock -Tax liability -$2,511 -4,756 -2.66% $0.53 174,240 Mar 1, 2024 Direct F2
holding TBIO Common Stock 6,000,000 Jun 22, 2023 See footnote F3
holding TBIO Common Stock 122,516 Jun 22, 2023 See footnote 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 TBIO Stock Option (right to buy) +Grant/Award $0 +385,500 $0.00 385,500 Jun 22, 2023 Common Stock 385,500 $1.66 Direct F5

Explanation of Responses:

Id Content
F1 The Reporting Person was granted restricted stock units ("RSUs"), which represent a contingent right to receive one share of Issuer's Common Stock for each RSU. Subject to the Reporting Person's continuing as a Service Provider (as defined in the Issuer's 2021 Stock Incentive Plan (the "Plan")) through each applicable vesting date, 25% of the RSUs shall vest on each of March 1, 2024, March 1, 2025, March 1, 2026, and March 1, 2027.
F2 Represents the number of shares withheld by the Issuer to satisfy the tax withholding obligation in connection with the vesting of RSUs.
F3 Shares held of record by GATTACA Mining LLC ("GATTACA"). The Reporting Person is the managing member of GATTACA and may be deemed to have voting and dispositive power over the shares held by GATTACA.
F4 Shares held of record by M-185 Corporation ("M-185"). The Reporting Person is the majority owner of M-185 and may be deemed to have voting and dispositive power over the shares held by M-185.
F5 Subject to the Reporting Person's continuing as a Service Provider (as defined in the Plan) through each applicable vesting date, twenty-five percent (25%) of the shares subject to the option shall vest on March 1, 2024, and one thirty-sixth (1/36th) of the remaining shares subject to the option shall vest each month thereafter.