Siddhartha Kadia - 10 Mar 2022 Form 4 Insider Report for Berkeley Lights, Inc.

Role
Chief Executive Officer, Director
Signature
/s/ Stuart L. Merkadeau, Attorney-in-fact for Siddhartha Kadia
Issuer symbol
N/A
Transactions as of
10 Mar 2022
Net transactions value
$0
Form type
4
Filing time
22 Mar 2022, 21:43:15 UTC
Previous filing
07 Oct 2021
Next filing
13 May 2022
SEC
View on sec.gov

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction CELL Common Stock Award $0 +1,017,177 +20759% $0.000000 1,022,077 10 Mar 2022 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 CELL Stock Option (Right to Buy) Award $0 +339,059 $0.000000 339,059 10 Mar 2022 Common Stock 339,059 $5.69 Direct F2
transaction CELL Stock Option (Right to Buy) Award $0 +678,118 $0.000000 678,118 10 Mar 2022 Common Stock 678,118 $5.69 Direct F3
* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id Content
F1 Represents an award of restricted stock units which will vest in twelve (12) equal quarterly installments beginning from the date that is one quarterly anniversary after March 9, 2022 (the "Appointment Date").
F2 The stock option will vest in twelve (12) equal quarterly installments on each quarterly anniversary from the Appointment Date.
F3 The stock option will vest subject to both a service-based requirement and a performance-based requirement, where (i) the service-based requirement shall be satisfied with respect to 20% of the stock option shares on each anniversary of the Appointment Date, and (ii) the performance-based requirement will be satisfied with respect to 20% of the stock options shares based on achieving each of the stock option price goals of 200%, 400%, 800%, 1500% and 2000% of $5.93, which such stock price goals must be achieved by the seventh anniversary of the Appointment Date.