Keith Murphy - Aug 5, 2024 Form 4 Insider Report for ORGANOVO HOLDINGS, INC. (ONVO)

Signature
/s/ Keith Murphy
Stock symbol
ONVO
Transactions as of
Aug 5, 2024
Transactions value $
$0
Form type
4
Date filed
8/7/2024, 04:01 PM
Previous filing
Nov 17, 2023

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction ONVO Common Stock Award $0 +19.6K +17.35% $0.00 133K Aug 7, 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 ONVO Options (right to buy) Award $0 +575K $0.00 575K Aug 5, 2024 Common Stock 575K $0.54 Direct F2
transaction ONVO Options (right to buy) Award $0 +144K $0.00 144K Aug 5, 2024 Common Stock 144K $0.54 Direct F3
* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id Content
F1 The reported securities are represented by restricted stock units, which shall vest on the earlier of August 7, 2025 or the date of the annual meeting of stockholders held by the Issuer in 2025, subject to acceleration in the event of a change of control.
F2 The option vests in 3 equal annual installments on each of August 5, 2025, August 5, 2026 and August 5, 2027.
F3 The option becomes exercisable if, after the grant date, the closing sales price of the Common Stock, as reported on the Nasdaq Capital Market (based on a 90-trading day average), is at least $1.53 (subject to adjustment for stock splits), as confirmed by the Board of Directors or a committee thereof.