Mairi Johnson - Jun 15, 2023 Form 4 Insider Report for Babylon Holdings Ltd (BBLN)

Role
Director
Signature
/s/ Mairi Johnson
Stock symbol
BBLN
Transactions as of
Jun 15, 2023
Transactions value $
-$5
Form type
4
Date filed
6/21/2023, 05:16 PM
Previous filing
May 16, 2023

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction BBLN Class A ordinary shares Options Exercise +17 +4.22% 420 Jun 15, 2023 Direct F1
transaction BBLN Class A ordinary shares Tax liability -$5 -8 -1.9% $0.59 412 Jun 15, 2023 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 BBLN Restricted share units Options Exercise $0 -17 -0.92% $0.00 1.83K Jun 15, 2023 Class A ordinary shares 17 Direct F1, F3
* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id Content
F1 The Class A ordinary shares reported were issued upon settlement of the restricted share units ("RSUs"), each representing a contingent right to receive one Class A ordinary share.
F2 Exempt transaction pursuant to Rule 16b-3(e): payment of tax liability by pre-planned automatic withholding by the Issuer of a portion of the shares received by the Reporting Person upon the vesting and issuance of shares in settlement of RSUs. All of the shares reported as disposed of on this line were relinquished by the Reporting Person and cancelled by the Issuer in exchange for the Issuer's agreement to pay the Reporting Person's federal and state tax withholding tax obligations resulting from the vesting and settlement of the RSUs.
F3 The RSUs were awarded under the Babylon Holdings Limited 2021 Equity Incentive Plan and are made up of three separate awards. The first award for 497 Class A ordinary shares vests on March 14, 2025. The second award for 1,360 Class A ordinary shares vests in equal quarterly installments beginning February 1, 2023. The third award for 231 Class A ordinary shares vests in equal quarterly installments beginning March 14, 2023. Vested RSUs will be settled in shares or cash as soon as administratively practicable after vesting, but in no event more than 60 days after the RSUs' vesting date.