Christopher Gibson - Jun 5, 2024 Form 4 Insider Report for RECURSION PHARMACEUTICALS, INC. (RXRX)

Role
Chief Executive Officer, Director
Signature
/s/ Jonathan Golightly, attorney-in-fact
Stock symbol
RXRX
Transactions as of
Jun 5, 2024
Transactions value $
-$871,000
Form type
4
Date filed
6/7/2024, 04:01 PM
Previous filing
May 17, 2024
Next filing
Jul 12, 2024

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction RXRX Class A Common Stock Conversion of derivative security $0 +25K +3.09% $0.00 834K Jun 5, 2024 Direct F1, F2
transaction RXRX Class A Common Stock Gift $0 -25K -3% $0.00 809K Jun 5, 2024 Direct F2
transaction RXRX Class A Common Stock Sale -$421K -50K -6.18% $8.42 759K Jun 5, 2024 Direct F2
transaction RXRX Class A Common Stock Sale -$450K -50K -6.59% $9.00 709K Jun 6, 2024 Direct 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 RXRX Class B Common Stock Conversion of derivative security $0 -25K -0.39% $0.00 6.4M Jun 5, 2024 Class A Common Stock 25K $0.00 Direct F1, F2, F3
holding RXRX Class B Common Stock 486K Jun 5, 2024 Class A Common Stock 0 $0.00 by LAHWRAN-3 LLC F3, F4
holding RXRX Class B Common Stock 388K Jun 5, 2024 Class A Common Stock 0 $0.00 by LAHWRAN-4 LLC F3, F5
holding RXRX Class B Common Stock 67.9K Jun 5, 2024 Class A Common Stock 0 $0.00 by Gibson Family Trust F3, F6
holding RXRX Stock Option (Right to Buy) 814K Jun 5, 2024 Class A Common Stock 0 $8.55 Direct F7
holding RXRX Stock Option (Right to Buy) 313K Jun 5, 2024 Class A Common Stock 0 $2.48 Direct F8
holding RXRX Stock Option (Right to Buy) 399K Jun 5, 2024 Class A Common Stock 0 $11.40 Direct F9
holding RXRX Stock Option (Right to Buy) 5.44K Jun 5, 2024 Class A Common Stock 0 $11.40 Direct
holding RXRX Stock Option (Right to Buy) 667K Jun 5, 2024 Class A Common Stock 0 $10.09 Direct F10
* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Buy Plan / Sale Plan: These are also open market purchases/sales of shares, but in this case the transaction is part of a trading plan. Rule 10b5-1 allows insiders to setup a trading plan to buy/sell stocks over a certain period of time. Since the purchases/sales are predetermined, this protects the insiders from violating insider trading law.

Transaction was made pursuant to a contract, instruction or written plan for the purchase or sale of equity securities of the issuer that is intended to satisfy the affirmative defense conditions of Rule 10b5-1(c).

Explanation of Responses:

Id Content
F1 Represents the automatic conversion of Class B Common Stock into Class A Common Stock in connection with a bona-fide gift of shares by the Reporting Person.
F2 This transaction is pursuant to a Rule 10b5-1 trading plan adopted by the Reporting Person on December 27, 2023.
F3 Each share of Class B Common Stock is convertible into one share of Class A Common Stock at the option of the holder and has no expiration date.
F4 The shares are held by LAHWRAN-3 LLC, of which the Reporting Person is a member and a manager.
F5 The shares are held by LAHWRAN-4 LLC, of which the Reporting Person is a member and a manager.
F6 The shares are held by the Gibson Family Trust, of which the Reporting Person serves as Trustee.
F7 The option vests as to one forty-eighth (1/48th) of the shares subject to the option on March 1, 2023, and one forty-eighth (1/48th) of the shares subject to the option will vest each month thereafter.
F8 The option, originally for 1,500,000 shares, vested as to one forty-eighth (1/48th) of the shares subject to the option on January 31, 2021, and one forty-eighth (1/48th) of the shares subject to the option shall vest each month thereafter.
F9 The option, originally for 416,350 shares, vested as to one forty-eighth (1/48th) of the shares subject to the option on March 1, 2022, and one forty-eighth (1/48th) of the shares subject to the option will vest each month thereafter.
F10 The option vests as to one forty-eighth (1/48th) of the original 666,898 shares subject to the option on March 1, 2024, and one forty-eighth (1/48th) of the shares subject to the option will vest each month thereafter.