Frank Witney - Jul 6, 2023 Form 4 Insider Report for Telesis Bio Inc. (TBIO)

Role
Director
Signature
/s/ Frank Witney
Stock symbol
TBIO
Transactions as of
Jul 6, 2023
Transactions value $
$0
Form type
4
Date filed
5/3/2024, 07:14 PM
Previous filing
Jun 16, 2023
Next filing
May 2, 2024

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction TBIO Common Stock Award $0 +46.8K +226.62% $0.00 67.4K Jul 6, 2023 Direct F1
transaction TBIO Common Stock Award $0 +48.4K +71.76% $0.00 116K May 1, 2024 Direct F2

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) Award $0 +70.1K $0.00 70.1K Jul 6, 2023 Common Stock 70.1K $1.54 Direct F3
transaction TBIO Stock Option (right to buy) Award $0 +30.4K $0.00 30.4K May 1, 2024 Common Stock 30.4K $0.36 Direct F3
* An asterisk sign (*) next to the price indicates that the price is likely invalid.

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 continuing as a Service Provider (as defined in the Issuer's 2021 Stock Incentive Plan (the "Plan")) through such date, 100% of the RSUs shall vest on the earlier of the one-year anniversary of the date of grant or on the date of the annual meeting of the Issuer's stockholders following the date of grant.
F2 The Reporting Person was granted RSUs, which represent a contingent right to receive one share of Issuer's Common Stock for each RSU. Subject to the Reporting Person continuing as a Service Provider (as defined in the Plan) through each applicable date, 28,113 of the RSUs shall vest on January 1, 2025, and 20,241 of the RSUs shall vest on the earlier of the one-year anniversary of the date of grant or on the date of the annual meeting of the Issuer's stockholders following the date of grant.
F3 Subject to the Reporting Person continuing as a Service Provider (as defined in the Plan) through such date, 100% of the shares subject to the option shall vest on the earlier of the one-year anniversary of the date of grant or on the date of the annual meeting of the Issuer's stockholders following the date of grant.