Randal J. Kirk - 22 Feb 2022 Form 4 Insider Report for PRECIGEN, INC. (PGEN)

Role: Director, 10%+ Owner
Signature: /s/ Randal J. Kirk
Issuer symbol: PGEN
Transactions as of: 22 Feb 2022
Net transactions value: +$100,000
Form type: 4
Filing time: 24 Feb 2022, 19:29:59 UTC
Previous filing: 05 Jan 2022
Next filing: 28 Mar 2022
SEC: View on sec.gov

Transactions Table

Type	Sym	Class	Transaction	Value $	Shares	Change %	* Price $	Shares After	Date	Ownership	Footnotes
transaction	PGEN	Common Stock	Award	$100,000	+49,261	+0.26%	$2.03	19,004,634	22 Feb 2022	by R.J. Kirk DOT	F1, F2
holding	PGEN	Common Stock						1,000,000	22 Feb 2022	by Parkview 2020	F2
holding	PGEN	Common Stock						479,857	22 Feb 2022	by JPK 2008	F2
holding	PGEN	Common Stock						3,597,953	22 Feb 2022	by JPK 2009	F2
holding	PGEN	Common Stock						1,612,186	22 Feb 2022	by JPK 2012	F2
holding	PGEN	Common Stock						447,405	22 Feb 2022	by Kellie L. Banks LTT	F2
holding	PGEN	Common Stock						478,894	22 Feb 2022	by MGK 2008	F2
holding	PGEN	Common Stock						3,838,992	22 Feb 2022	by MGK 2009	F2
holding	PGEN	Common Stock						1,594,863	22 Feb 2022	by MGK 2011	F2
holding	PGEN	Common Stock						567,535	22 Feb 2022	by ZSK 2008	F2
holding	PGEN	Common Stock						342,685	22 Feb 2022	by ZSK 2009	F2
holding	PGEN	Common Stock						1,144,481	22 Feb 2022	by Spouse
holding	PGEN	Common Stock						13,520,789	22 Feb 2022	by Kapital Joe	F2
holding	PGEN	Common Stock						1,403	22 Feb 2022	by Lotus	F2
holding	PGEN	Common Stock						16,406,828	22 Feb 2022	by Sunset 2020	F2, 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	PGEN	Option to Purchase Common Stock (Right to Buy)	Award	$0	+166,378		$0.000000	166,378	22 Feb 2022	Common Stock	166,378	$2.03	by R.J. Kirk DOT	F2
transaction	PGEN	Restricted Stock Units	Award	$0	+123,152		$0.000000	123,152	22 Feb 2022	Common Stock	123,152		by R.J. Kirk DOT	F2, F3

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

Explanation of Responses:

Id	Content
F1	The indicated number of shares reflects an internal transfer from ADC 2010, LLC ("ADC 2010") to the R.J. Kirk Declaration of Trust ("R.J. Kirk DOT"), following the liquidation of ADC 2010 on December 31, 2021.
F2	Randal J. Kirk controls each of R.J. Kirk DOT, Parkview 2020 Limited Partnership ("Parkview 2020"), JPK 2008 LLC ("JPK 2008"), JPK 2009 LLC ("JPK 2009"), JPK 2012 LLC ("JPK 2012"), Kellie L. Banks (2009) Long Term Trust ("Kellie L. Banks LTT"), MGK 2008 LLC ("MGK 2008"), MGK 2009 LLC ("MGK 2009"), MGK 2011 LLC ("MGK 2011"), ZSK 2008 LLC ("ZSK 2008"), ZSK 2009 LLC ("ZSK 2009"), Kapital Joe, LLC ("Kapital Joe"), Lotus Capital (2000) Company, Inc. ("Lotus"), and Sunset 2020 LLC ("Sunset 2020"). Shares held by these entities may be deemed to be beneficially owned (as defined under Rule 13d-3 promulgated under the Securities Exchange Act of 1934, as amended) by Mr. Kirk. Mr. Kirk disclaims beneficial ownership of such shares, except to the extent of any pecuniary interest therein.
F3	Each restricted stock unit represents a contingent right to receive one (1) share of issuer common stock, and (ii) shall vest on the one-year anniversary of the date of grant, subject to Mr. Kirk continuously providing services to the issuer or an affiliate from the date of grant until such time.
F4	Due to row limitations, this filing is comprised of two (2) Forms 4. Additional details are reported on a separate Form 4 filed with the SEC on February 24, 2022.