Caroline Brown - Oct 18, 2021 Form 4 Insider Report for Rockley Photonics Holdings Ltd (RKLY)

Role: Director
Signature: /s/ Tom Adams, Attorney-in-fact for Caroline Brown
Stock symbol: RKLY
Transactions as of: Oct 18, 2021
Transactions value $: $157,080
Form type: 4
Date filed: 10/20/2021, 03:57 PM
Previous filing: Aug 11, 2021
Next filing: Jun 8, 2022

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	RKLY	Restricted Stock Unit	Award	$157K	+22K		$7.14^*	22K	Oct 18, 2021	Ordinary Share	22K	$0.00	Direct	F1

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

Explanation of Responses:

Id	Content
F1	One third of the RSUs shall vest on the earlier of August 11, 2022 or the next annual shareholders' meeting, and in each of the next two calendar years following the year of the initial vesting date, an additional one third shall vest on the earlier of the 12-month anniversary of the prior annual shareholders' meeting or the current year annual shareholder' meeting, subject to acceleration upon a change in control.

Content

One third of the RSUs shall vest on the earlier of August 11, 2022 or the next annual shareholders' meeting, and in each of the next two calendar years following the year of the initial vesting date, an additional one third shall vest on the earlier of the 12-month anniversary of the prior annual shareholders' meeting or the current year annual shareholder' meeting, subject to acceleration upon a change in control.