Jason Ryan - 21 Feb 2025 Form 4 Insider Report for Singular Genomics Systems, Inc.

Role
Director
Signature
/s/ Dalen Meeter, Attorney-in-Fact
Issuer symbol
N/A
Transactions as of
21 Feb 2025
Net transactions value
-$21,799
Form type
4
Filing time
25 Feb 2025, 20:08:25 UTC
Previous filing
21 Nov 2024
Next filing
23 Jun 2025

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 Stock Option (Right to Buy) Disposed to Issuer $0 -1,333 -100% $0.000000 0 21 Feb 2025 Common Stock 1,333 $672.90 Direct F1, F2
transaction OMIC Stock Option (Right to Buy) Disposed to Issuer $0 -1,541 -100% $0.000000 0 21 Feb 2025 Common Stock 1,541 $85.80 Direct F1, F2
transaction OMIC Stock Option (Right to Buy) Disposed to Issuer $0 -2,466 -100% $0.000000 0 21 Feb 2025 Common Stock 2,466 $31.80 Direct F1, F2
transaction OMIC Stock Option (Right to Buy) Disposed to Issuer $21,799 -2,466 -100% $8.84 0 21 Feb 2025 Common Stock 2,466 $11.16 Direct F1, F2
* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Jason Ryan is no longer subject to Section 16 filing requirements. Form 4 or Form 5 obligations may continue.

Explanation of Responses:

Id Content
F1 Pursuant to the Agreement and Plan of Merger, dated as of December 22, 2024 (the "Merger Agreement"), by and among the Issuer, Singular Genomics Parent, LLC, a Delaware limited liability company, and Saturn Merger Sub, Inc., a Delaware corporation, and after giving effect to the acceleration treatment set forth in footnote (2), each vested stock option was cancelled and automatically converted into the right to receive an amount in cash determined by multiplying (x) the excess, if any, of the amount of $20.00 per share over the applicable exercise price of such option by (y) the number of vested shares subject to such option (the "Option Payment"), less all applicable deductions and withholdings; provided, however, that the Option Payment for each option with an exercise price equal to or greater than $20.00 was $0 and such option was cancelled for no consideration.
F2 As of the effective time of the merger contemplated within the Merger Agreement, each outstanding option, to the extent unvested, was accelerated and became fully vested and exercisable.