Andrew Spaventa - Sep 15, 2024 Form 4 Insider Report for Singular Genomics Systems, Inc. (OMIC)

Signature
/s/ Dalen Meeter, Attorney-in-Fact
Stock symbol
OMIC
Transactions as of
Sep 15, 2024
Transactions value $
-$2,167
Form type
4
Date filed
9/17/2024, 07:35 PM
Previous filing
Aug 14, 2024

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction OMIC Common Stock Options Exercise +487 +149.85% 812 Sep 15, 2024 Direct F1, F2
transaction OMIC Common Stock Sale -$2.17K -175 -21.55% $12.38 637 Sep 15, 2024 Direct F2, F3
transaction OMIC Common Stock Gift $0 -312 -48.98% $0.00 325 Sep 15, 2024 Direct F2, F4
transaction OMIC Common Stock Gift $0 +312 +0.22% $0.00 140K Sep 15, 2024 By The Andrew K. Spaventa Living Trust dated April 9, 2014 F2, F4
holding OMIC Common Stock 85 Sep 15, 2024 By Axon Holdings, LLC F2, F5

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 OMIC Restricted Stock Units Options Exercise $0 -487 -9.11% $0.00 4.86K Sep 15, 2024 Common Stock 487 Direct F2, F6, F7
* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id Content
F1 Represents shares of Common Stock issued pursuant to settlement of vested Restricted Stock Units ("RSUs"). Each RSU represents a contingent right to receive one share of the Issuer's Common Stock.
F2 On June 26, 2024, the Issuer effected a 1-for-30 reverse stock split of its common stock (the "Reverse Stock Split"). The amount of securities reported on this Form 4 has been adjusted to reflect the Reverse Stock Split.
F3 The shares were sold pursuant to pre-established trading instructions solely to satisfy tax withholding obligations in connection with the partial vesting of previously granted RSUs.
F4 Immediately upon settlement of the vested RSUs, and following the withholding described above, the Reporting Person transferred the shares as a gift to The Andrew K. Spaventa Living Trust dated April 9, 2014.
F5 The shares are held directly by Axon Holdings, LLC. The managing member of Axon Holdings, LLC is Axon Managers, LLC. The Reporting Person is a managing member of Axon Managers, LLC and may be deemed to have shared voting and investment power over the shares held by Axon Holdings, LLC. The Reporting Person disclaims beneficial ownership of the shares except to the extent of his pecuniary interest therein.
F6 Each RSU represents a contingent right to receive one share of the Issuer's Common Stock.
F7 The RSUs vest in 16 equal quarterly installments over four years measured from March 15, 2023.