Kurt A. Gustafson - Dec 7, 2023 Form 4 Insider Report for OmniAb, Inc. (OABI)

Role
Executive VP, Finance & CFO
Signature
By: /s/ Charles S. Berkman, Attorney-In-Fact For: Kurt A. Gustafson
Stock symbol
OABI
Transactions as of
Dec 7, 2023
Transactions value $
-$77,993
Form type
4
Date filed
12/11/2023, 07:51 PM
Previous filing
Jun 22, 2023
Next filing
Feb 20, 2024

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction OABI Common Stock Options Exercise +46.5K +36.25% 175K Dec 7, 2023 Direct F1, F2
transaction OABI Common Stock Tax liability -$78K -16.1K -9.2% $4.85 159K Dec 7, 2023 Direct 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 OABI Restricted Stock Units Options Exercise $0 -46.5K -20.52% $0.00 180K Dec 7, 2023 Common Stock 46.5K $0.00 Direct F1
holding OABI Restricted Stock Units 46.5K Dec 7, 2023 Common Stock 46.5K $0.00 Direct F4
holding OABI Restricted Stock Units 186K Dec 7, 2023 Common Stock 140K $0.00 Direct F5
holding OABI Restricted Stock Units 227K Dec 7, 2023 Common Stock 40.6K $0.00 Direct F6
* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id Content
F1 Represents Restricted Stock Units ("RSUs"). Each RSU represents a contingent right to receive one share of the Issuer's Common Stock. The RSUs shall vest in three substantially equal annual installments beginning on December 07, 2023, subject to the Reporting Person's continued service to the Issuer through each such vesting date.
F2 The total includes 8,334 shares acquired on May 31, 2023, and 11,160 shares acquired on November 30, 2023, through the Issuer's Employee Stock Purchase Plan (ESPP).
F3 Represents shares withheld to satisfy tax withholding obligations upon the vesting of previously reported restricted stock units ("RSUs").
F4 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 substantially equal annual installments, beginning April 1st, 2024, subject to the Reporting Person's continued service to the Issuer through each such vesting date.
F5 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 three substantially equal annual installments, beginning December 7th, 2023, subject to the Reporting Person's continued service to the Issuer through each such vesting date.
F6 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 three substantially equal annual installments, beginning April 7th, 2024, subject to the Reporting Person's continued service to the Issuer through each such vesting date.