Richard J. Riley - 15 Nov 2022 Form 4 Insider Report for Origin Materials, Inc. (ORGN)

Signature
Rich J. Riley, by /s/ Ron A. Metzger, Attorney-in-Fact
Issuer symbol
ORGN
Transactions as of
15 Nov 2022
Net transactions value
-$256,320
Form type
4
Filing time
16 Nov 2022, 16:50:59 UTC
Previous filing
17 Aug 2022
Next filing
14 Dec 2022

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction ORGN Common Stock Gift $0 -14,000 -6.6% $0.000000 199,668 09 Nov 2022 By Trust F1
transaction ORGN Common Stock Options Exercise $6,300 +45,000 +225% $0.1400 65,000 15 Nov 2022 Direct
transaction ORGN Common Stock Sale $262,620 -45,000 -69% $5.84 20,000 15 Nov 2022 Direct F2, F3
holding ORGN Common Stock 229,415 15 Nov 2022 By Trust F4
holding ORGN Common Stock 707,832 15 Nov 2022 By Trust F5

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 ORGN Stock Option (Right to Buy) Options Exercise $0 -45,000 -1.8% $0.000000 2,429,770 15 Nov 2022 Common Stock 45,000 $0.1400 Direct F6
* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id Content
F1 Shares are owned directly by the Riley Family Trust, of which the Reporting Person is a co-trustee.
F2 Shares sold pursuant to a 10b5-1 Plan dated June 10, 2022.
F3 Price reported is a weighted-average sales price. The shares were sold at prices ranging from $5.75 to $5.94. The reporting person will provide upon request to the SEC, the Issuer or security holder of the Issuer, full information regarding the number of shares sold at each separate price.
F4 Shares are owned directly by Riley Investment Trust I, of which Reporting Person is trustee.
F5 Shares are owned directly by Riley Separate Property Trust, of which Reporting Person is trustee.
F6 This Stock Option is subject to the following vesting schedule: (i) 820,134 shares subject to the Stock Option shall vest on June 25, 2021 (the "Vesting Commencement Date"), (ii) 1,190,518 shares are subject to monthly vesting for 36 months from the Vesting Commencement Date, (iii) 211,647 shares will vest upon achievement of a 10-day $15 trading price during the 3 years following the Vesting Commencement Date and (iv) 317,471 shares will vest upon achievement of a 10-day $25 trading price during the 5 years following the Vesting Commencement Date.