Paul F. Jacobson - Mar 31, 2022 Form 4 Insider Report for Thorne Healthtech, Inc. (THRN)

Role
Chief Executive Officer, Director, 10%+ Owner
Signature
/s/ Scott S. Wheeler, under power of attorney
Stock symbol
THRN
Transactions as of
Mar 31, 2022
Transactions value $
$67,415
Form type
4
Date filed
4/4/2022, 05:55 PM
Previous filing
Dec 2, 2021
Next filing
Dec 5, 2022

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction THRN Common Stock Other $0 -58.8K -3.83% $0.00 1.48M Mar 31, 2022 Direct F1, F2
transaction THRN Common Stock Options Exercise $67.4K +50K +3.39% $1.35 1.53M Mar 31, 2022 Direct F2
transaction THRN Common Stock Award $0 +450K +29.48% $0.00 1.98M Apr 4, 2022 Direct F2, F3
holding THRN Common Stock 1.6M Mar 31, 2022 See footnote 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 THRN Employee Stock Option (Right to buy) Options Exercise $0 -50K -19.37% $0.00 208K Mar 31, 2022 Common Stock 50K $1.35 Direct F5
* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id Content
F1 Represents shares transferred by the reporting person pursuant to the terms of a confidential settlement agreement entered into in connection with a personal matter.
F2 Certain of these securities are RSUs. Each RSU represents a contingent right to receive one share of Common Stock, subject to the applicable vesting schedule and conditions of each RSU.
F3 These securities are restricted stock units (RSUs). Each RSU represents a contingent right to receive one share of Common Stock. One quarter of the RSUs shall vest on April 4, 2023 and on each anniversary thereafter, subject to the Reporting Person continuing as a service provider through each such date.
F4 These securities are held by Diversified Natural Products, Inc., over which the Reporting Person has voting and dispositive power.
F5 All of the shares subject to the option are fully vested and exercisable as of the date hereof.