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

Signature
/s/ Vikram Jog
Stock symbol
LAB
Transactions as of
Feb 21, 2023
Transactions value $
-$58,275
Form type
4
Date filed
2/23/2023, 07:44 PM
Previous filing
Jan 20, 2023

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction LAB Common Stock Options Exercise $0 +50K +29.09% $0.00 222K Feb 21, 2023 Direct
transaction LAB Common Stock Options Exercise $0 +16.7K +7.51% $0.00 239K Feb 21, 2023 Direct
transaction LAB Common Stock Options Exercise $0 +2.24K +0.94% $0.00 241K Feb 21, 2023 Direct
transaction LAB Common Stock Options Exercise $0 +2.39K +0.99% $0.00 243K Feb 21, 2023 Direct
transaction LAB Common Stock Options Exercise $0 +3.13K +1.29% $0.00 246K Feb 21, 2023 Direct
transaction LAB Common Stock Tax liability -$58.3K -28.7K -11.65% $2.03 218K Feb 21, 2023 Direct
holding LAB Common Stock 52.1K Feb 21, 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 -50K -100% $0.00* 0 Feb 21, 2023 Common Stock 50K Direct F2, F3
transaction LAB Restricted Stock Units Options Exercise $0 -16.7K -8.33% $0.00 183K Feb 21, 2023 Common Stock 16.7K Direct F2, F4
transaction LAB Restricted Stock Units Options Exercise $0 -2.24K -100% $0.00* 0 Feb 21, 2023 Common Stock 2.24K Direct F2, F5
transaction LAB Restricted Stock Units Options Exercise $0 -2.39K -20% $0.00 9.56K Feb 21, 2023 Common Stock 2.39K Direct F2, F6
transaction LAB Restricted Stock Units Award $0 -3.13K -10% $0.00 28.2K Feb 21, 2023 Common Stock 3.13K 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.