Jason Ryan - 08 Jun 2023 Form 4 Insider Report for SomaLogic, Inc.

Role
Director
Signature
/s/ Ruben Gutierrez, Attorney-in-Fact
Issuer symbol
N/A
Transactions as of
08 Jun 2023
Net transactions value
$0
Form type
4
Filing time
12 Jun 2023, 21:25:04 UTC
Previous filing
26 May 2023
Next filing
17 Oct 2023
SEC
View on sec.gov

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 SLGC Employee Stock Option (Right to Buy) Award $0 +185,400 $0.000000 185,400 08 Jun 2023 Common Stock 185,400 $2.74 Direct F1
transaction SLGC Employee Stock Option (Right to Buy) Award $0 +14,650 $0.000000 14,650 08 Jun 2023 Common Stock 14,650 $2.74 Direct F2
transaction SLGC Restricted Stock Unit (RSU) Award $0 +3,400 $0.000000 3,400 08 Jun 2023 Common Stock 3,400 Direct F3, F4
* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id Content
F1 The option vests as to 1/4 of the total grant on June 8, 2024, and thereafter 1/36th of the total grant vest monthly until such time as the option is 100% vested, subject to the continued service of the Reporting Person on each vesting date.
F2 The option shall be 100% vested on June 8, 2024, subject to the continued service of the Reporting Person on such vesting date.
F3 Each Restricted Stock Unit ("RSU") represents a contingent right to receive one share of the Issuer's Common Stock upon settlement for no consideration.
F4 The RSUs shall be 100% vested on June 8, 2024, subject to the continued service of the Reporting Person on such vesting date.