Michael Nohaile - 18 May 2023 Form 4 Insider Report for Fulgent Genetics, Inc. (FLGT)

Role: Director
Signature: /s/ Paul Kim as Attorney-in-fact
Issuer symbol: FLGT
Transactions as of: 18 May 2023
Net transactions value: $0
Form type: 4
Filing time: 22 May 2023, 16:45:25 UTC
Previous filing: 10 Aug 2022
Next filing: 20 May 2024
SEC: View on sec.gov

Transactions Table

Type	Sym	Class	Transaction	Value $	Shares	Change %	* Price $	Shares After	Date	Ownership	Footnotes
transaction	FLGT	Common Stock	Award	$0	+2,529	+63%	$0.000000	6,529	18 May 2023	Direct	F1

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	FLGT	Stock Option (Right to Buy)	Award	$0	+3,380		$0.000000	3,380	18 May 2023	Common Stock	3,380	$35.58	Direct	F2

* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id	Content
F1	Restricted stock units. The shares subject to the restricted stock units vest over a period of four years, with 1/4th of such shares vesting 12 months after May 18, 2023, and 1/16th of such shares vesting at the end of every three month period thereafter over the remaining 36 months, subject to continued service for Issuer on each vesting date.
F2	The shares subject to the option vest over a period of four years, with 1/4th of such shares vesting 12 months after May 18, 2023, and 1/16th of such shares vesting at the end of every three month period thereafter over the remaining 36 months, subject to the reporting person's continued service for Issuer on each vesting date.