Patrick Schneider - May 9, 2022 Form 4 Insider Report for Quantum-Si Inc (QSI)

Role
President and COO
Signature
/s/ Christian LaPointe, Ph.D., Attorney-in-Fact
Stock symbol
QSI
Transactions as of
May 9, 2022
Transactions value $
$0
Form type
4
Date filed
5/11/2022, 04:16 PM
Next filing
Mar 17, 2023

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 QSI Stock Option (right to buy) Award $0 +1M $0.00 1M May 9, 2022 Class A Common Stock 1M $3.49 Direct F1
transaction QSI Stock Option (right to buy) Award $0 +500K $0.00 500K May 9, 2022 Class A Common Stock 500K $3.49 Direct F2
transaction QSI Stock Option (right to buy) Award $0 +500K $0.00 500K May 9, 2022 Class A Common Stock 500K $3.49 Direct F3
* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id Content
F1 The shares underlying this option vest as to 25% on June 30, 2023, with the remainder vesting in 36 equal monthly installments at the end of each month thereafter, subject to Dr. Schneider's continued service through the applicable vesting date.
F2 The shares underlying this option vest in full if within two years of May 9, 2022 the closing price of the Issuer's Class A common stock is at least $10.00 (as adjusted) for 20 out of 30 consecutive trading days, subject to Dr. Schneider's continued service through the vesting date.
F3 The shares underlying this option vest in full if within four years of May 9, 2022 the closing price of the Issuer's Class A common stock is at least $20.00 (as adjusted) for 20 out of 30 consecutive trading days, subject to Dr. Schneider's continued service through the vesting date.