Kathy L. Hibbs - 18 Apr 2024 Form 4 Insider Report for 23andMe Holding Co. (MEHCQ)

Signature
/s/ Kathy Hibbs
Issuer symbol
MEHCQ
Transactions as of
18 Apr 2024
Net transactions value
-$1,958
Form type
4
Filing time
19 Apr 2024, 16:20:24 UTC
Previous filing
05 Apr 2024
Next filing
06 May 2024

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction ME Class A Common Stock Options Exercise $16,190 +38,548 +3.1% $0.4200 1,290,863 18 Apr 2024 Direct
transaction ME Class A Common Stock Sale $18,148 -38,548 -3% $0.4708 1,252,315 18 Apr 2024 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 ME Stock Option (Right to Buy) Options Exercise $0 -38,548 -50% $0.000000 38,551 18 Apr 2024 Class A Common Stock 38,548 $0.4200 Direct F2
* 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 The sale reported on this Form 4 occurred automatically pursuant to a Rule 10b5-1 trading plan adopted by the Reporting Person on March 9, 2023.
F2 The stock options vested 25% after 12 months of service and on a pro rata basis (in remaining 1/48 installments) over the following 36 months of service beginning on April 1, 2014.