Omead Ostadan - Nov 15, 2021 Form 4 Insider Report for Seer, Inc. (SEER)

Role: President & COO, Director
Signature: /s/ Elona Kogan, by power of attorney
Stock symbol: SEER
Transactions as of: Nov 15, 2021
Transactions value $: -$555,912
Form type: 4
Date filed: 11/17/2021, 07:19 PM
Previous filing: Oct 19, 2021
Next filing: Dec 16, 2021

Transactions Table

Type	Sym	Class	Transaction	Value $	Shares	Change %	* Price $	Shares After	Date	Ownership	Footnotes
transaction	SEER	Class A Common Stock	Options Exercise	$54K	+20K	+5.3%	$2.70	397K	Nov 15, 2021	Direct
transaction	SEER	Class A Common Stock	Sale	-$523K	-17.2K	-4.33%	$30.39^*	380K	Nov 15, 2021	Direct	F1, F2
transaction	SEER	Class A Common Stock	Sale	-$87.2K	-2.8K	-0.74%	$31.13^*	377K	Nov 15, 2021	Direct	F1, F3

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	SEER	Employee Stock Option (right to buy)	Options Exercise	$0	-20K	-6.14%	$0.00	305K	Nov 15, 2021	Class A Common Stock	20K	$2.70	Direct	F4
holding	SEER	Employee Stock Option (right to buy)						853K	Nov 15, 2021	Class A Common Stock	853K	$2.70	Direct	F5

* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id	Content
F1	The sale reported in this Form 4 was effected pursuant to a Rule 10b5-1 trading plan adopted by the reporting person on June 10, 2021.
F2	The price reported in Column 4 is a weighted average price. These shares were sold in multiple transactions at prices ranging from $29.95 to $30.85, inclusive. The reporting person undertakes to provide to the Issuer, any security holder of the Issuer, or the staff of the Securities and Exchange Commission, upon request, full information regarding the number of shares sold at each separate price within the ranges set forth in footnotes (2) and (3) to this Form 4.
F3	The price reported in Column 4 is a weighted average price. These shares were sold in multiple transactions at prices ranging from $30.96 to $31.30, inclusive.
F4	The shares underlying the option are subject to an early exercise provision and are immediately exercisable. The shares underlying the option vest in 48 equal monthly installments beginning on April 6, 2020.
F5	The shares underlying the option are subject to an early exercise provision and are immediately exercisable. One-fourth of the shares underlying the option vest on June 15, 2021 and 1/48th of the shares vest monthly thereafter.