Michael Perry - Sep 1, 2022 Form 4 Insider Report for AVITA Medical, Inc. (RCEL)

Role
Chief Executive Officer, Director
Signature
/s/ Donna Shiroma, by power of attorney
Stock symbol
RCEL
Transactions as of
Sep 1, 2022
Transactions value $
$0
Form type
4
Date filed
9/6/2022, 04:15 PM
Previous filing
Jun 2, 2022
Next filing
Nov 22, 2022

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction RCEL Common Stock Award $0 +2.98K +1% $0.00 301K Sep 1, 2022 Direct F1, F2, F3, 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 RCEL Stock Options (Right to Buy) Award $0 +3.45K +100% $0.00 6.9K Sep 1, 2022 Common Stock 3.45K $12.18 Direct F5
* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id Content
F1 These shares of Common Stock were issued upon the vesting of Restricted Stock Units ("RSUs"), which were originally granted on December 22, 2021, in connection with the satisfaction of a performance-based vesting condition.
F2 These shares of Common Stock represent half of the shares of Common Stock that were issued upon the vesting of the RSUs. The other shares were transferred to the Reporting Person's former spouse pursuant to a property settlement agreement.
F3 Includes 71,440 unvested RSUs with vesting conditions based on the Reporting Person's continued employment or the market price of the Issuer's common stock. Pursuant to a property settlement agreement, half of the shares of Common Stock underlying such RSUs will be transferred to the Reporting Person's former spouse upon the respective vesting events.
F4 Includes 634,602 of the Issuer's CHESS Depositary Interests ("CDIs"). CDIs are units of beneficial ownership in shares of common stock of the Issuer that are publicly traded on the Australian Securities Exchange (the "ASX") and held by CHESS Depositary Nominees Pty, Limited, a subsidiary of ASX Limited, the company that operates the ASX. Five CDIs are equivalent to one share of Common Stock and have all the rights and privileges of Common Stock. The Reporting Person holds 634,602 CDIs, which translate into 126,920 of the shares of Common Stock set forth above.
F5 These Stock Options were originally granted on December 22, 2021 and vested on September 1, 2022 in connection with the satisfaction of a performance-based vesting condition.