Alessandro Sannino - 08 Jun 2022 Form 4 Insider Report for GELESIS HOLDINGS, INC. (CPSR)

Role
Lead Project Scientist
Signature
/s/ David Abraham, Attorney-in-Fact
Issuer symbol
CPSR
Transactions as of
08 Jun 2022
Net transactions value
$0
Form type
4
Filing time
13 Jun 2022, 16:41:16 UTC
Previous filing
09 May 2022
SEC
View on sec.gov

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 Option (Right to Buy) Disposed to Issuer $0 -333,392 -100% $0.000000* 0 08 Jun 2022 Common Stock 333,392 $0.5700 Direct F1
transaction GLSH Stock Option (Right to Buy) Award $0 +333,392 $0.000000 333,392 08 Jun 2022 Common Stock 333,392 $0.5700 Direct F1
* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id Content
F1 The two reported transactions involved an amendment of an outstanding option, resulting in the deemed cancellation of the previous option and the grant of a replacement option. The shares underlying this option are fully vested and exercisable as of the date hereof.