Adam Taich - 08 Jun 2023 Form 4 Insider Report for SomaLogic, Inc.

Role
Interim CEO
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, 21:28:25 UTC
Previous filing
07 Apr 2023
Next filing
09 Jan 2024
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 +855,000 $0.000000 855,000 08 Jun 2023 Common Stock 855,000 $2.74 Direct F1
transaction SLGC Restricted Stock Unit (RSU) Award $0 +592,000 $0.000000 592,000 08 Jun 2023 Common Stock 592,000 Direct F2, F3
* 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 Each Restricted Stock Unit ("RSU") represents a contingent right to receive one share of the Issuer's Common Stock upon settlement for no consideration.
F3 The RSUs vest as to 1/4th of the total grant on each of June 8, 2024, June 8, 2025, June 8, 2026 and June 8, 2027, subject to the continued service of the Reporting Person on each vesting date.