Vikram Jog - 21 Feb 2023 Form 4 Insider Report for STANDARD BIOTOOLS INC. (LAB)

Role
Chief Financial Officer
Signature
/s/ Vikram Jog
Issuer symbol
LAB
Transactions as of
21 Feb 2023
Net transactions value
-$58,275
Form type
4
Filing time
23 Feb 2023, 19:44:48 UTC
Previous filing
20 Jan 2023
SEC
View on sec.gov

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction LAB Common Stock Options Exercise $0 +50,000 +29% $0.000000 221,904 21 Feb 2023 Direct
transaction LAB Common Stock Options Exercise $0 +16,666 +7.5% $0.000000 238,570 21 Feb 2023 Direct
transaction LAB Common Stock Options Exercise $0 +2,238 +0.94% $0.000000 240,808 21 Feb 2023 Direct
transaction LAB Common Stock Options Exercise $0 +2,391 +0.99% $0.000000 243,199 21 Feb 2023 Direct
transaction LAB Common Stock Options Exercise $0 +3,130 +1.3% $0.000000 246,329 21 Feb 2023 Direct
transaction LAB Common Stock Tax liability $58,275 -28,707 -12% $2.03 217,622 21 Feb 2023 Direct
holding LAB Common Stock 52,061 21 Feb 2023 See Footnote F1

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 LAB Restricted Stock Units Options Exercise $0 -50,000 -100% $0.000000* 0 21 Feb 2023 Common Stock 50,000 Direct F2, F3
transaction LAB Restricted Stock Units Options Exercise $0 -16,666 -8.3% $0.000000 183,334 21 Feb 2023 Common Stock 16,666 Direct F2, F4
transaction LAB Restricted Stock Units Options Exercise $0 -2,238 -100% $0.000000* 0 21 Feb 2023 Common Stock 2,238 Direct F2, F5
transaction LAB Restricted Stock Units Options Exercise $0 -2,391 -20% $0.000000 9,563 21 Feb 2023 Common Stock 2,391 Direct F2, F6
transaction LAB Restricted Stock Units Award $0 -3,130 -10% $0.000000 28,176 21 Feb 2023 Common Stock 3,130 Direct F2, F7
* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id Content
F1 Shares held indirectly by the Vikram and Pratima Family Trust U/A dated June 23, 2009.
F2 Each Restricted Stock Unit represents the contingent right to receive one share of LAB common stock.
F3 The Restricted Stock Units vest in full on February 20, 2023 or the date the Reporting Person's employment with the Company is terminated involuntarily without "cause."
F4 On December 20, 2022, the Reporting Person was granted 200,000 Restricted Stock Units vesting in quarterly installments over the course of three years commencing February 20, 2023.
F5 On February 19, 2019, the Reporting Person was granted 35,787 Restricted Stock Units vesting as to 1/4th of the total number of shares on February 20, 2020, and as to 1/16th of the total number of shares each quarter thereafter.
F6 On March 10, 2020, the Reporting Person was granted 38,250 Restricted Stock Units vesting as to 1/4th of the underlying shares on February 20, 2021, and as to 1/16th of the total number of shares each quarter thereafter.
F7 On April 20, 2021, the Reporting Person was granted 50,089 Restricted Stock Units vesting as to 1/4 of the total number of shares on May 20, 2022, and as to 1/16th of the total number of shares each quarter thereafter.