Dina Ciarimboli - 25 Feb 2022 Form 3 Insider Report for EQRx, Inc.

Role
General Counsel and Secretary
Signature
/s/ William Collins, Attorney-in-Fact
Issuer symbol
N/A
Transactions as of
25 Feb 2022
Net transactions value
$0
Form type
3
Filing time
01 Mar 2022, 16:24:14 UTC
Next filing
04 Jan 2023
SEC
View on sec.gov

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
holding EQRX Common Stock 156,750 25 Feb 2022 Direct

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
holding EQRX Stock Option (Right to Buy) 25 Feb 2022 Common Stock 156,750 $2.21 Direct F1
holding EQRX Earn-out Shares 25 Feb 2022 Common Stock 42,946 Direct F2
* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id Content
F1 One-fourth of the shares underlying this option vest and become exercisable on April 8, 2022, with the remainder vesting in 36 equal monthly installments thereafter, subject to the Reporting Person's continuous service as of each vesting date.
F2 Represents the right to acquire 42,946 shares of the Issuer's Common Stock (the "Earn-out Shares"), (i) 30,062 of which will be released from escrow if the value weighted average price ("VWAP") for at least 20 of any 30 consecutive trading days following December 17, 2022 is at least $12.50; and (ii) 12,884 of which will be released from such escrow if the VWAP for at least 20 of any 30 consecutive trading days following December 17, 2022 is at least $16.50. Any shares not eligible to be released on or prior to December 17, 2024 will be forfeited and cancelled.

Remarks:

Exhibit 24 - Power of Attorney