Saloni S. Varma - Oct 16, 2023 Form 4 Insider Report for Thorne Healthtech, Inc. (THRN)

Role: Chief Financial Officer, Director
Signature: /s/ Kim Pearson, under power of attorney
Stock symbol: THRN
Transactions as of: Oct 16, 2023
Transactions value $: $0
Form type: 4
Date filed: 10/18/2023, 05:01 PM
Previous filing: Oct 18, 2023

Transactions Table

Type	Sym	Class	Transaction	Value $	Shares	Change %	* Price $	Shares After	Date	Ownership	Footnotes
transaction	THRN	Common Stock	Disposed to Issuer		-582K	-100%		0	Oct 16, 2023	Direct	F1

* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Saloni S. Varma is no longer subject to Section 16 filing requirements. Form 4 or Form 5 obligations may continue.

Explanation of Responses:

Id	Content
F1	Certain of these shares are represented by previously reported restricted stock units ("RSUs"). At the effective time of the merger contemplated by the Agreement and Plan of Merger between the Issuer, Healthspan Buyer, LLC and Healthspan Merger Sub, Inc., dated as of August 27, 2023 (the "Merger Agreement"), (i) each issued and outstanding RSU was cancelled and converted into the right to receive an amount equal to $10.20 in cash (the "Per Share Price"), subject to the terms set forth in the Merger Agreement, and (ii) each issued and outstanding share of the Issuer's Common Stock was cancelled and converted into the right to receive an amount in cash equal to the Per Share Price.

Content

Certain of these shares are represented by previously reported restricted stock units ("RSUs"). At the effective time of the merger contemplated by the Agreement and Plan of Merger between the Issuer, Healthspan Buyer, LLC and Healthspan Merger Sub, Inc., dated as of August 27, 2023 (the "Merger Agreement"), (i) each issued and outstanding RSU was cancelled and converted into the right to receive an amount equal to $10.20 in cash (the "Per Share Price"), subject to the terms set forth in the Merger Agreement, and (ii) each issued and outstanding share of the Issuer's Common Stock was cancelled and converted into the right to receive an amount in cash equal to the Per Share Price.