Emily M. Leproust - Jul 21, 2023 Form 4 Insider Report for GeneDx Holdings Corp. (WGS)

Role
Director
Signature
/s/ Devin Schaffer, Attorney-in-Fact
Stock symbol
WGS
Transactions as of
Jul 21, 2023
Transactions value $
$0
Form type
4
Date filed
7/25/2023, 04:17 PM
Previous filing
Jul 5, 2023
Next filing
Jul 26, 2023

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 WGS Stock Option (Right to Buy) Award $0 +8.82K $0.00 8.82K Jul 21, 2023 Class A Common Stock 8.82K $7.89 Direct F1
transaction WGS Restricted Stock Unit Award $0 +5.83K $0.00 5.83K Jul 21, 2023 Class A Common Stock 5.83K Direct F2, F3
* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id Content
F1 The stock option shall vest the earlier of (a) the date of the next annual meeting of the Issuer's shareholders following the grant date, and (b) the first anniversary of the grant date, subject to the Reporting Person continuing to provide services to the Issuer through each vesting date.
F2 Each restricted stock unit ("RSU") represents a contingent right to receive 1 share of the Issuer's Class A Common Stock upon settlement for no consideration.
F3 The RSUs shall vest the earlier of (a) the date of the next annual meeting of the Issuer's shareholders following the grant date, and (b) the first anniversary of the grant date, subject to the Reporting Person continuing to provide services to the Issuer through each vesting date.