Eric Schadt - Dec 1, 2021 Form 4 Insider Report for Sema4 Holdings Corp. (WGSWW)

Signature
/s/ Daniel Clark, Attorney-in-Fact
Stock symbol
WGSWW
Transactions as of
Dec 1, 2021
Transactions value $
$34,803
Form type
4
Date filed
12/3/2021, 05:55 PM
Previous filing
Nov 2, 2021
Next filing
Dec 13, 2021

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction WGSWW Class A Common Stock Award $64.9K +10.7K +23.59% $6.05 56.2K Dec 1, 2021 Direct F1
transaction WGSWW Class A Common Stock Tax liability -$30.1K -5.45K -9.7% $5.52 50.8K Dec 1, 2021 Direct F2, F3
* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id Content
F1 The indicated shares were issued to Reporting Person as a stock bonus in connection with the elimination of Issuer's sabbatical leave program, in which all employees of Issuer hired on or before June 30, 2021 were provided an opportunity to receive a stock bonus in lieu of their continued eligibility to take sabbatical leave. The stock bonus was fully vested as of the date of issuance.
F2 Represents the number of shares required to be sold by the Reporting Person to cover certain tax obligation in connection with the stock bonus granted to the reporting person. This sale is mandated by the Issuer's election under its equity incentive plans to require the satisfaction of tax withholding obligations to be funded by a "sell to cover" transaction and does not represent a discretionary trade by the Reporting Person.
F3 The price reported in Column 4 is a weighted average price. These shares were sold in multiple transactions at prices ranging from $5.51 to $5.64, 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 herein.