Darcy Forman - 28 Apr 2023 Form 4 Insider Report for Science 37 Holdings, Inc.

Signature
/s/ Christine Pellizzari, Attorney-in-fact for Darcy Forman
Issuer symbol
N/A
Transactions as of
28 Apr 2023
Net transactions value
$0
Form type
4
Filing time
02 May 2023, 16:25:37 UTC
Previous filing
16 Aug 2022
Next filing
15 Aug 2023

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction SNCE Common Stock Award +492,916 +446% 603,372 28 Apr 2023 Direct F1, F2, F3

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 SNCE Stock Option Disposed to Issuer -1,020,754 -100% 0 28 Apr 2023 Common Stock 1,020,754 $10.05 Direct F1
transaction SNCE Stock Option Disposed to Issuer -211,538 -100% 0 28 Apr 2023 Common Stock 211,538 $11.47 Direct F2
* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id Content
F1 On April 28, 2023, the issuer cancelled, pursuant to the issuer's option exchange program, options to purchase 1,020,754 shares of common stock of the issuer and in exchange issued to the reporting person 408,301 restricted stock units, each of which represents a contingent right to receive one share of the issuer's common stock.
F2 On April 28, 2023, the issuer cancelled, pursuant to the issuer's option exchange program, options to purchase 211,538 shares of common stock of the issuer and in exchange issued to the reporting person 84,615 restricted stock units, each of which represents a contingent right to receive one share of the issuer's common stock.
F3 Includes 492,916 restricted stock units, which will vest in three equal annual installments beginning on April 28, 2024, subject to continued employment.