Adam Taich - Jun 8, 2023 Form 4 Insider Report for SomaLogic, Inc. (SLGC)

Role
Interim CEO
Signature
/s/ Ruben Gutierrez, Attorney-in-Fact
Stock symbol
SLGC
Transactions as of
Jun 8, 2023
Transactions value $
$0
Form type
4
Date filed
6/12/2023, 09:28 PM
Previous filing
Apr 7, 2023
Next filing
Jan 9, 2024

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 +855K $0.00 855K Jun 8, 2023 Common Stock 855K $2.74 Direct F1
transaction SLGC Restricted Stock Unit (RSU) Award $0 +592K $0.00 592K Jun 8, 2023 Common Stock 592K 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.