Nat Turner - 22 Jul 2021 Form 4 Insider Report for Sema4 Holdings Corp. (WGS)

Role
Director
Signature
/s/ Daniel Clark, Attorney-in-Fact
Issuer symbol
WGS
Transactions as of
22 Jul 2021
Net transactions value
+$1,916,659
Form type
4
Filing time
26 Jul 2021, 20:20:28 UTC
Next filing
19 Oct 2021
SEC
View on sec.gov

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction WGSWW Class A Common Stock Conversion of derivative security $0 +25,000 $0.000000 25,000 22 Jul 2021 Direct 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 WGSWW Class B Common Stock Conversion of derivative security -25,000 -100% 0 22 Jul 2021 Class A Common Stock 25,000 Direct F1
transaction WGSWW Private Placement Warrants Award $1,916,659 +166,666 $11.50 166,666 22 Jul 2021 Class A Common Stock 166,666 $11.50 By NTWJ Holdings, LLC F2, F3
* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id Content
F1 In connection with the closing (the "Closing") of the business combination (the "Business Combination") between the Issuer (which was formerly known as CM Life Sciences, Inc. or "CMLS") and Mount Sinai Genomics, Inc. d/b/a Sema4 ("Sema4"), among other things, each share of CMLS's Class B common stock converted pursuant to the terms of such stock into shares of the Issuer's Class A Common Stock on a one-for-one basis.
F2 In connection with the consummation of the Business Combination, all of the private placement warrants of CMLS held by the Reporting Person, which previously entitled the Reporting Person to purchase one share of CMLS's Class A Common Stock at a price of $11.50 per whole share at any time commencing on the later of 12 months from the closing of CMLS's initial public offering or 30 days after the completion of an initial business combination of CMLS, were converted into private placement warrants of Issuer (each a "New Private Placement Warrant") simultaneously with the closing of the Business Combination, with each whole New Private Placement Warrant entitling the holder thereof to the right to purchase one share of Issuer's Class A Common Stock.
F3 The securities are held of record by NTWJ Holdings, LLC ("NTWJ"). Mr. Turner is a managing member of NTWJ. As such, Mr. Turner may be deemed to have beneficial ownership of such securities. Mr. Turner disclaims beneficial ownership of the reported securities except to the extent of his pecuniary interest therein.