Sam Ropp - Aug 15, 2023 Form 4 Insider Report for Singular Genomics Systems, Inc. (OMIC)

Role
Chief Commercial Officer
Signature
/s/ Dalen Meeter, Attorney-in-Fact
Stock symbol
OMIC
Transactions as of
Aug 15, 2023
Transactions value $
$0
Form type
4
Date filed
8/17/2023, 04:31 PM
Previous filing
Jun 20, 2023
Next filing
Sep 15, 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 OMIC Employee Stock Option (right to buy) Award $0 +100K $0.00 100K Aug 15, 2023 Common Stock 100K $0.54 Direct F1
transaction OMIC Employee Stock Option (right to buy) Award $0 +100K $0.00 100K Aug 15, 2023 Common Stock 100K $0.54 Direct F2
* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id Content
F1 The option shares vest and become exercisable in 48 equal monthly installments measured from August 15, 2023, subject to the Reporting Person's continuous service with the Issuer.
F2 Subject to the achievement of certain performance targets by December 31, 2023, the Reporting Person may earn up to 100,000 stock options pursuant to this award. Any stock options earned will vest 25% on August 15, 2024, and the remaining option shares will vest and become exercisable in 36 equal monthly installments thereafter, subject to the Reporting Person's continuous service with the Issuer.