Darshak Sanghavi - Jan 1, 2023 Form 3 Insider Report for Babylon Holdings Ltd (BBLN)

Role: Chief Medical Officer
Signature: /s/ Darshak Sanghavi
Stock symbol: BBLN
Transactions as of: Jan 1, 2023
Transactions value $: $0
Form type: 3
Date filed: 1/10/2023, 10:49 AM
Next filing: Mar 16, 2023

Transactions Table

Type	Sym	Class	Transaction	Value $	Shares	Change %	* Price $	Shares After	Date	Ownership	Footnotes
holding	BBLN	Class A ordinary shares						53K	Jan 1, 2023	Direct

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
holding	BBLN	Restricted share units							Jan 1, 2023	Class A ordinary shares	6.29K		Direct	F1, F2
holding	BBLN	Performance share units							Jan 1, 2023	Class A ordinary shares	20K		Direct	F2, F3

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

Explanation of Responses:

Id	Content
F1	The restricted share units ("RSUs") were awarded under the Babylon Holdings Limited 2021 Equity Incentive Plan (the "2021 Plan") and vest in equal quarterly installments beginning February 10, 2023. Vested RSUs will be settled in shares or cash as soon as administratively practicable after vesting, but in no event more than 60 days after the RSUs' vesting date.
F2	Each RSU and PSU represents a contingent right to receive one Class A ordinary share.
F3	The performance share units ("PSUs") were awarded under the 2021 Plan and vest in three tranches consisting of 50%, 25% and 25% of the PSUs. Each such tranche of PSUs vests upon the earlier of the date on which the issuer's (i) Class A ordinary shares achieve a specified price per share or (ii) market capitalization in respect of its Class A ordinary shares meets a specified dollar threshold. Vested PSUs will be settled in shares or cash as soon as administratively practicable after vesting, but in no event more than 60 days after the PSUs' vesting date.