Eduardo Alvarez - Apr 4, 2023 Form 4 Insider Report for AMYRIS, INC. (AMRS)

Signature
/s/ Eduardo Alvarez by Doris Choi, Attorney-in-Fact
Stock symbol
AMRS
Transactions as of
Apr 4, 2023
Transactions value $
-$284,305
Form type
4
Date filed
4/6/2023, 06:38 PM
Previous filing
Sep 7, 2022

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction AMRS Common Stock Options Exercise +492K +139.81% 844K Apr 4, 2023 Direct F1, F2
transaction AMRS Common Stock Sale -$284K -231K -27.42% $1.23* 613K Apr 5, 2023 Direct F3, F4

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 AMRS Performance-based Restricted Stock Units Options Exercise -492K -100% 0 Apr 4, 2023 Common Stock 492K Direct F1, F2, F5
* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id Content
F1 Represents performance-based restricted stock units ("PSUs") that vested upon achievement of certain pre-established performance metrics as approved by the Issuer's Leadership, Development, Inclusion, and Compensation Committee of the Board of Directors (the "COO PSU Achievement") in connection with the PSUs awarded to the Reporting Person on May 24, 2021.
F2 Each PSU represents a contingent right to receive one share of Issuer's common stock. This transaction represents the settlement of PSUs in shares of common stock on their scheduled vesting date.
F3 Shares sold to satisfy the Reporting Person's tax withholding obligation upon vesting of PSUs in connection with the COO PSU Achievement.
F4 The price reported in Column 4 is a weighted average price. These shares were sold in multiple transactions at prices ranging from $1.22 to $1.2289, inclusive. The Reporting Person undertakes to provide to the Issuer, any security holder of the Issuer, or the staff of the Securities and Exchange Commission, upon request, full information regarding the number of shares sold at each separate price within the range set forth herein.
F5 This PSU award was granted on May 24, 2021. After the end of the performance period (December 31, 2022), the Issuer's Leadership, Development, Inclusion, and Compensation Committee of the Board of Directors determined that 492,000 PSUs had vested of the original 600,000 PSUs awarded, based on the achievement of certain pre-established performance metrics.