Joshua C. Lee - Nov 13, 2023 Form 4 Insider Report for Origin Materials, Inc. (ORGN)

Signature
Joshua C. Lee, by /s/ Ron A. Metzger, Attorney-in-Fact
Stock symbol
ORGN
Transactions as of
Nov 13, 2023
Transactions value $
-$11,353
Form type
4
Date filed
11/15/2023, 04:33 PM
Previous filing
Aug 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 Sale -$11.4K -12.4K -4.26% $0.92 279K Nov 13, 2023 Direct F1, F2, F3
* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Buy Plan / Sale Plan: These are also open market purchases/sales of shares, but in this case the transaction is part of a trading plan. Rule 10b5-1 allows insiders to setup a trading plan to buy/sell stocks over a certain period of time. Since the purchases/sales are predetermined, this protects the insiders from violating insider trading law.

Transaction was made pursuant to a contract, instruction or written plan for the purchase or sale of equity securities of the issuer that is intended to satisfy the affirmative defense conditions of Rule 10b5-1(c).

Explanation of Responses:

Id Content
F1 Shares sold pursuant to a 10b5-1 Plan dated June 16, 2023.
F2 The sales reported on this Form 4 represent shares sold by the Reporting Person to cover tax withholding obligations in connection with the vesting and settlement of restricted stock units. The sales were to satisfy tax withholding obligations to be funded by a "sell to cover" transaction and do not represent discretionary transactions by the Reporting Person.
F3 Price reported is a weighted-average sales price. The shares were sold at prices ranging from $0.90 to $0.9402. The reporting person will provide upon request to the SEC, the Issuer or security holder of the Issuer, full information regarding the number of shares sold at each separate price.