Mark E. Dmytruk - 01 Nov 2023 Form 4 Insider Report for Ginkgo Bioworks Holdings, Inc. (DNA)

Role
Chief Financial Officer
Signature
/s/ Karen Tepichin, Attorney-in-Fact
Issuer symbol
DNA
Transactions as of
01 Nov 2023
Net transactions value
-$55,918
Form type
4
Filing time
06 Nov 2023, 17:21:46 UTC
Previous filing
04 Oct 2023
Next filing
06 Dec 2023
SEC
View on sec.gov

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction DNA Class A Common Stock Options Exercise +65,282 +11% 651,675 01 Nov 2023 Direct F1
transaction DNA Class A Common Stock Options Exercise +18,125 +2.8% 669,800 01 Nov 2023 Direct F1
transaction DNA Class A Common Stock Options Exercise +1,635 +0.24% 671,435 01 Nov 2023 Direct F2, F3
transaction DNA Class A Common Stock Sale $55,918 -37,229 -5.5% $1.50 634,206 02 Nov 2023 Direct F4

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 DNA Restricted Stock Units Options Exercise -65,282 -5.9% 1,039,348 01 Nov 2023 Class A Common Stock 65,282 Direct F1
transaction DNA Restricted Stock Units Options Exercise -18,125 -2.4% 725,000 01 Nov 2023 Class A Common Stock 18,125 Direct F1, F5
transaction DNA Class B Common Stock Options Exercise -1,635 -0.26% 636,865 01 Nov 2023 Class A Common Stock 1,635 Direct F2, F3, F6
* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id Content
F1 Each restricted stock unit ("RSU") represents a contingent right to receive one share of the Issuer's Class A Common Stock. Such shares of Class A Common Stock may be exchanged for shares of Class B Common Stock at the option of the Reporting Person.
F2 Represents the conversion of shares of Class B Common Stock to shares of Class A Common Stock.
F3 Shares of the Class B Common Stock may be converted into shares of Class A Common Stock, on a one-to-one basis, at the option of the holder at any time and have no expiration date.
F4 Represents shares sold by the Reporting Person to cover tax withholding obligations in connection with the vesting of restricted stock and/or restricted stock units. Sales to cover tax withholding obligations in connection with the vesting of such securities do not represent discretionary trades by the Reporting Person. The Issuer's equity incentive plans allow the Issuer to require that satisfaction of tax withholding obligations be funded by a "sell to cover" transaction.
F5 The RSUs vest in 48 equal monthly installments, which began on April 1, 2023.
F6 Includes shares of Class B Common Stock that are subject to vesting conditions.

Remarks:

Chief Financial Officer