Jing Zhou - Mar 21, 2023 Form 4 Insider Report for IsoPlexis Corp (ISO)

Role
Chief Scientific Officer
Signature
/s/ Jing Zhou
Stock symbol
ISO
Transactions as of
Mar 21, 2023
Transactions value $
$0
Form type
4
Date filed
3/21/2023, 04:48 PM
Previous filing
Apr 4, 2022

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction ISO Common Stock Disposed to Issuer -1.2K -100% 0 Mar 21, 2023 By Spouse IRA 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 ISO Stock Option Disposed to Issuer -8K -100% 0 Mar 21, 2023 Common Stock 8K $0.28 Direct F2, F3
transaction ISO Stock Option Disposed to Issuer -1.6K -100% 0 Mar 21, 2023 Common Stock 1.6K $0.28 Direct F2, F4
transaction ISO Stock Option Disposed to Issuer -4K -100% 0 Mar 21, 2023 Common Stock 4K $0.48 Direct F2, F5
transaction ISO Stock Option Disposed to Issuer -22K -100% 0 Mar 21, 2023 Common Stock 22K $0.73 Direct F2, F6
transaction ISO Stock Option Disposed to Issuer -8K -100% 0 Mar 21, 2023 Common Stock 8K $0.96 Direct F2, F7
transaction ISO Stock Option Disposed to Issuer -30K -100% 0 Mar 21, 2023 Common Stock 30K $1.03 Direct F2, F8
transaction ISO Stock Option Disposed to Issuer -12K -100% 0 Mar 21, 2023 Common Stock 12K $1.83 Direct F2, F9
transaction ISO Stock Option Disposed to Issuer -100K -100% 0 Mar 21, 2023 Common Stock 100K $4.81 Direct F2, F10
transaction ISO Stock Option Disposed to Issuer -73.5K -100% 0 Mar 21, 2023 Common Stock 73.5K $3.43 Direct F2, F11
* An asterisk sign (*) next to the price indicates that the price is likely invalid.

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

Explanation of Responses:

Id Content
F1 On March 21, 2023, pursuant to the Agreement and Plan of Merger, dated as of December 21, 2022 (the Merger Agreement), by and among IsoPlexis Corporation, a Delaware corporation (IsoPlexis), Berkeley Lights, Inc., a Delaware corporation (Berkeley Lights), and Iceland Merger Sub Inc., a Delaware corporation and a wholly owned subsidiary of Berkeley Lights, each share of common stock, par value $0.001, of IsoPlexis (IsoPlexis Common Stock) reported in this Form 4 was converted into the right to receive 0.6120 fully paid and nonassessable shares of common stock, par value $0.00005, of Berkeley Lights (Berkeley Lights Common Stock), together with cash in lieu of fractional shares of Berkeley Lights Common Stock, if any, and any unpaid dividends or other distributions.
F2 On March 21, 2023, pursuant to the Merger Agreement, each IsoPlexis stock option (whether vested or unvested) reported in this Form 4 (a) if the per-share exercise price was equal to or greater than the average closing trading price for a share of IsoPlexis Common Stock rounded to the nearest one-tenth of a cent, as reported on The Nasdaq Stock Market LLC for the five most recent trading days ending on and including the third business day prior to March 20, 2023 (the Company Trading Price), was canceled for no consideration and (b) if the per-share exercise price was less than the Company Trading Price, was converted into a Berkeley Lights stock option of approximately equivalent value and generally on the same terms and conditions.
F3 Vested 25% on October 29, 2016 and thereafter in 36 equal monthly installments.
F4 Vested 25% on January 1, 2017 and thereafter in 36 equal monthly installments.
F5 Vested 25% on January 31, 2018 and thereafter in 36 equal monthly installments.
F6 Vested 25% on October 25, 2018 and thereafter in 36 equal monthly installments.
F7 Vested 25% on December 5, 2019 and thereafter in 36 equal monthly installments.
F8 Vested 25% on December 4, 2020 and thereafter in 36 equal monthly installments.
F9 Vested 25% on December 15, 2021 and thereafter in 36 equal monthly installments.
F10 Vested 25% on June 8, 2022 and thereafter in 36 equal monthly installments.
F11 Vests 25% on March 31, 2023 and thereafter in 36 equal monthly installments.