Mark E. Dmytruk - 02 Jan 2024 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
02 Jan 2024
Net transactions value
-$70,523
Form type
4
Filing time
05 Jan 2024, 17:09:20 UTC
Previous filing
06 Dec 2023
Next filing
06 Feb 2024
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 +65,284 +9.6% 742,128 02 Jan 2024 Direct F1
transaction DNA Class A Common Stock Options Exercise +18,125 +2.4% 760,253 02 Jan 2024 Direct F1
transaction DNA Class A Common Stock Options Exercise +1,639 +0.22% 761,892 02 Jan 2024 Direct F2, F3
transaction DNA Class A Common Stock Sale $70,523 -45,794 -6% $1.54 716,098 03 Jan 2024 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 -65,284 -6.7% 908,783 02 Jan 2024 Class A Common Stock 65,284 Direct F1
transaction DNA Restricted Stock Units Options Exercise -18,125 -2.6% 688,750 02 Jan 2024 Class A Common Stock 18,125 Direct F1, F5
transaction DNA Class B Common Stock Options Exercise -1,639 -0.26% 633,592 02 Jan 2024 Class A Common Stock 1,639 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