Jennifer R. Cochran - Jun 23, 2023 Form 4 Insider Report for OmniAb, Inc. (OABI)

Role: Director
Signature: By: /s/ Charles S. Berkman For: Jennifer R. Cochran
Stock symbol: OABI
Transactions as of: Jun 23, 2023
Transactions value $: $0
Form type: 4
Date filed: 6/27/2023, 05:56 PM
Previous filing: Feb 1, 2023
Next filing: Jul 14, 2023

Transactions Table

Type	Sym	Class	Transaction	Value $	Shares	Change %	* Price $	Shares After	Date	Ownership	Footnotes
holding	OABI	Common Stock						91.2K	Jun 23, 2023	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	OABI	Restricted Stock Units	Award	$0	+20K	+527.43%	$0.00	23.8K	Jun 23, 2023	Common Stock	20K		Direct	F3
transaction	OABI	Stock Option (right to buy)	Award	$0	+40K		$0.00	40K	Jun 23, 2023	Common Stock	40K	$4.81	Direct	F4
holding	OABI	Restricted Stock Units						3.79K	Jun 23, 2023	Common Stock	3.79K		Direct	F1, F2

* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id	Content
F1	The Reporting Person previously reported certain awards of Restricted Stock Units (RSUs) in Table I of Form 4, but has elected to report the RSUs in Table II going forward. As a result, the total reported in Column 5 of Table I has been updated to subtract 3,792 RSUs outstanding on June 23, 2023.
F2	Represents RSUs previously reported in Table I. Each RSU represents a contingent right to receive one share of the Issuer's Common Stock. Vesting occurs in two equal annual installments, beginning July 12th, 2023, subject to the Reporting Person's continued service to the Issuer through each such vesting date.
F3	Each Restricted Stock Unit (RSU) represents a contingent right to receive one share of the Issuer's Common Stock. The RSUs shall vest in full on the earlier of (A) the date of the next annual meeting of the Company's stockholders following the grant date and (B) the first anniversary of the date of grant.
F4	Each Stock Option shall vest and become exercisable in full on the earlier of (A) the date of the annual meeting of the Company's stockholders next following the grant date and (B) on the first anniversary of the date of grant.