Jeffrey Alan Hawkins - 09 Nov 2022 Form 4 Insider Report for Quantum-Si Inc (QSI)

Role
Chief Executive Officer, Director
Signature
/s/ Christian LaPointe, Ph.D., Attorney-in-Fact
Issuer symbol
QSI
Transactions as of
09 Nov 2022
Net transactions value
$0
Form type
4
Filing time
10 Nov 2022, 15:11:00 UTC
Previous filing
13 Oct 2022
Next filing
18 Mar 2024
SEC
View on sec.gov

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 +4,170,000 $0.000000 4,170,000 09 Nov 2022 Class A Common Stock 4,170,000 $2.40 Direct F1
transaction QSI Stock Option (right to buy) Award $0 +1,390,000 $0.000000 1,390,000 09 Nov 2022 Class A Common Stock 1,390,000 $2.40 Direct F2
transaction QSI Stock Option (right to buy) Award $0 +1,390,000 $0.000000 1,390,000 09 Nov 2022 Class A Common Stock 1,390,000 $2.40 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 20% on December 31, 2023, with the remainder vesting in 48 equal monthly installments at the end of each month thereafter, subject to Mr. Hawkins' continued service through the applicable vesting date.
F2 The shares underlying this option vest in full if within 1.5 years of October 10, 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 Mr. Hawkins' continued service through the vesting date.
F3 The shares underlying this option vest in full if within 3.5 years of October 10, 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 Mr. Hawkins' continued service through the vesting date.