Elaine Chiquette - Jun 8, 2022 Form 4 Insider Report for GELESIS HOLDINGS, INC. (GLSH)

Role: Chief Scientific Officer
Signature: /s/ David Abraham, Attorney-in-Fact
Stock symbol: GLSH
Transactions as of: Jun 8, 2022
Transactions value $: $0
Form type: 4
Date filed: 6/10/2022, 12:12 PM
Previous filing: May 9, 2022

Transactions Table

Type	Sym	Class	Transaction	Value $	Shares	Change %	* Price $	Shares After	Date	Ownership	Footnotes
transaction	GLSH	Common Stock	Award		+80.5K	+44.09%		263K	Jun 8, 2022	Direct	F1, F2

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	GLSH	Stock Options (Right to buy)	Award	$0	+80.5K		$0.00	80.5K	Jun 8, 2022	Common Stock	80.5K	$3.78	Direct	F3

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

Explanation of Responses:

Id	Content
F1	Represents a grant of restricted stock units ("RSUs"). Each RSU represents the contingent right to receive one share of the Issuer's common stock upon vesting and settlement.
F2	25% of these RSUs shall vest on May 16, 2023, with the remaining vesting in twelve (12) equal quarterly installments thereafter, subject to the reporting person's continued service on each such vesting date.
F3	25% of the shares underlying this option shall vest and become exercisable on May 16, 2023, with the remainder vesting in twelve (12) equal quarterly installments thereafter, subject to the reporting person's continued service on each such vesting date.