J. Riley - Aug 15, 2023 Form 4 Insider Report for Origin Materials, Inc. (ORGN)

Role
Co-CEO and Director, Director
Signature
Rich J. Riley, by /s/ Ron A. Metzger, Attorney-in-Fact
Stock symbol
ORGN
Transactions as of
Aug 15, 2023
Transactions value $
$23,240
Form type
4
Date filed
8/17/2023, 04:44 PM
Previous filing
May 17, 2023
Next filing
Dec 15, 2023

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction ORGN Common Stock Options Exercise $23.2K +166K +49.19% $0.14 504K May 15, 2023 Direct
holding ORGN Common Stock 449K Aug 15, 2023 By Trust F1
holding ORGN Common Stock 708K Aug 15, 2023 By Trust F2

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 ORGN Stock Option (Right to Buy) Options Exercise $0 -166K -7.09% $0.00 2.17M Aug 15, 2023 Common Stock 166K $0.14 Direct F3
* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id Content
F1 Shares are owned directly by Riley Investment Trust I, of which Reporting Person is trustee.
F2 Shares are owned directly by Riley Separate Property Trust, of which Reporting Person is trustee.
F3 This Stock Option is subject to the following vesting schedule: (i) 820,134 shares subject to the Stock Option shall vest on June 25, 2021 (the "Vesting Commencement Date"), (ii) 1,190,518 shares are subject to monthly vesting for 36 months from the Vesting Commencement Date, (iii) 211,647 shares will vest upon achievement of a 10-day $15 trading price during the 3 years following the Vesting Commencement Date and (iv) 317,471 shares will vest upon achievement of a 10-day $25 trading price during the 5 years following the Vesting Commencement Date.