Alessandro Sannino - 06 May 2022 Form 4 Insider Report for GELESIS HOLDINGS, INC. (CPSR)

Role
Lead Project Scientist
Signature
/s/ David Abraham, Attorney-in-Fact
Issuer symbol
CPSR
Transactions as of
06 May 2022
Net transactions value
$0
Form type
4
Filing time
09 May 2022, 16:18:54 UTC
Previous filing
24 Jan 2022
Next filing
13 Jun 2022
SEC
View on sec.gov

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction GLSH Common Stock Award +68,966 +50% 207,143 06 May 2022 Direct F1, F2
holding GLSH Common Stock 623,727 06 May 2022 By One S.r.l F3
* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id Content
F1 Represents a grant of restricted stock units ("RSUs"). Each RSU represents the contingent right to receive one share of the Issuer's common stock upon vesting and settlement.
F2 25% of these RSUs shall vest on April 1, 2023, with the remainder vesting in twelve (12) equal quarterly installments thereafter, subject to the reporting person's continued service on each such vesting date.
F3 Shares held directly by One S.r.l. The reporting person disclaims beneficial ownership of the shares held by One S.r.l, except to the extent of his pecuniary interest therein.