Robert G. Spignesi Jr. - 06 Feb 2024 Form 4 Insider Report for RAPID MICRO BIOSYSTEMS, INC. (RPID)

Role
PRESIDENT AND CEO, Director
Signature
/s/ Sean M. Wirtjes, Attorney-in-Fact for Robert G. Spignesi, Jr.
Issuer symbol
RPID
Transactions as of
06 Feb 2024
Net transactions value
$0
Form type
4
Filing time
08 Feb 2024, 17:01:54 UTC
Previous filing
16 Aug 2023
Next filing
14 Feb 2024
SEC
View on sec.gov

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction RPID Class A Common Stock Award $0 +113,000 +30% $0.000000 488,512 06 Feb 2024 Direct F1

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 RPID Stock Option (Right to Buy) Award $0 +225,000 $0.000000 225,000 06 Feb 2024 Class A Common Stock 225,000 $0.9420 Direct F2
* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id Content
F1 Grant of restricted stock units ("RSUs") that vest in three annual installments with 33.4% vesting on the first anniversary of February 6, 2024 (the "grant date") and 33.3% vesting on each of the second and third anniversaries of the grant date provided that the Reporting Person remains in continuous service on each vesting date.
F2 The option vests and becomes exercisable in 48 substantially equal monthly installments with the first installment vesting on March 6, 2024.