Omead Ostadan - Dec 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: Dec 15, 2021
Transactions value $: -$407,949
Form type: 4
Date filed: 12/16/2021, 08:28 PM
Previous filing: Nov 17, 2021
Next filing: Feb 10, 2022

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	Dec 15, 2021	Direct
transaction	SEER	Class A Common Stock	Sale	-$206K	-9.22K	-2.32%	$22.33^*	388K	Dec 15, 2021	Direct	F1, F2
transaction	SEER	Class A Common Stock	Sale	-$126K	-5.41K	-1.39%	$23.34^*	383K	Dec 15, 2021	Direct	F1, F3
transaction	SEER	Class A Common Stock	Sale	-$130K	-5.37K	-1.4%	$24.16^*	377K	Dec 15, 2021	Direct	F1, F4

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	-6.55%	$0.00	285K	Dec 15, 2021	Class A Common Stock	20K	$2.70	Direct	F5
holding	SEER	Employee Stock Option (right to buy)						853K	Dec 15, 2021	Class A Common Stock	853K	$2.70	Direct	F6

* 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 $21.94 to $22.93, 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 (4) 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 $22.94 to $23.93, inclusive.
F4	The price reported in Column 4 is a weighted average price. These shares were sold in multiple transactions at prices ranging from $23.96 to $24.72, inclusive.
F5	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.
F6	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.