Kathryn Cavanaugh - Jan 13, 2022 Form 4 Insider Report for GELESIS HOLDINGS, INC. (GLSH)

Role
Director
Signature
/s/ David Abraham, Attorney-in-Fact
Stock symbol
GLSH
Transactions as of
Jan 13, 2022
Transactions value $
$0
Form type
4
Date filed
1/18/2022, 04:00 PM
Next filing
May 9, 2022

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction GLSH Class A Common Stock Options Exercise +12.8K 12.8K Jan 13, 2022 Direct F1
transaction GLSH Class A Common Stock Other -12.8K -100% 0 Jan 13, 2022 Direct F2
transaction GLSH Common Stock Other +12.8K 12.8K Jan 13, 2022 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 GLSH Class B Common Stock Other -5.18K -28.75% 12.8K Jan 13, 2022 Class A Common Stock 5.18K Direct F1, F3
transaction GLSH Class B Common Stock Options Exercise -12.8K -100% 0 Jan 13, 2022 Class A Common Stock 12.8K Direct F1
* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id Content
F1 Immediately prior to the closing of the transactions (the "Closing" of the "Business Combination") contemplated by that certain Business Combination Agreement dated as of July 19, 2021, as amended, by and among the Issuer (f/k/a Capstar Special Purpose Acquisition Corp.), CPSR Gelesis Merger Sub, Inc. and Gelesis, Inc., each share of the Issuer's Class B Common Stock automatically converted into shares of Class A Common Stock on a one-for-one basis (the "Conversion").
F2 Immediately following the Conversion but prior to Closing, the Class A Common Stock was reclassified as Common Stock.
F3 Represents shares of Class B Common Stock forfeited to the Issuer for no consideration in connection with the Business Combination.

Remarks:

Exhibit 24 - Power of Attorney