Richard A. Meier - Oct 21, 2022 Form 4 Insider Report for Rockley Photonics Holdings Ltd (RKLY)

Role
President & CFO
Signature
/s/ Tom Adams, Attorney-in-Fact for Richard Meier
Stock symbol
RKLY
Transactions as of
Oct 21, 2022
Transactions value $
$0
Form type
4
Date filed
10/21/2022, 05:43 PM
Previous filing
Oct 21, 2022
Next filing
May 17, 2023

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 $0 +1.89M $0.00 1.89M Oct 21, 2022 Ordinary Share 1.89M Direct F1
transaction RKLY Stock Option (right to buy) Award $0 +1.89M $0.00 1.89M Oct 21, 2022 Ordinary Share 1.89M $0.63 Direct F2
* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id Content
F1 The RSU will vest over 4 years, with 25% vesting on the first anniversary of the date of grant, and the remaining 75% vesting in quarterly installments over the remaining 3 years, subject to continued service and acceleration upon a change in control.
F2 The Stock Option will vest over 4 years, with 25% vesting on the first anniversary of the date of grant, and the remaining 75% vesting in quarterly installments over the remaining 3 years, subject to continued service and acceleration upon a change in control.