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

Signature
/s/ David Abraham, Attorney-in-Fact
Stock symbol
GLSH
Transactions as of
Jun 8, 2022
Transactions value $
$0
Form type
4
Date filed
6/13/2022, 04:41 PM
Previous filing
May 9, 2022

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 -333K -100% $0.00* 0 Jun 8, 2022 Common Stock 333K $0.57 Direct F1
transaction GLSH Stock Option (Right to Buy) Award $0 +333K $0.00 333K Jun 8, 2022 Common Stock 333K $0.57 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.