Matthew W. Foehr - Feb 15, 2024 Form 4 Insider Report for OmniAb, Inc. (OABI)

Role
Chief Executive Officer, Director
Signature
By: /s/ Charles S. Berkman, Attorney-in-Fact For: Matthew W. Foehr
Stock symbol
OABI
Transactions as of
Feb 15, 2024
Transactions value $
-$104,811
Form type
4
Date filed
2/20/2024, 06:22 PM
Previous filing
Jan 4, 2024
Next filing
Mar 25, 2024

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction OABI Common Stock Options Exercise +10.8K +0.4% 2.68M Feb 15, 2024 Direct F1, F2
transaction OABI Common Stock Tax liability -$30.2K -5.46K -0.2% $5.54 2.67M Feb 15, 2024 Direct F3
transaction OABI Common Stock Options Exercise +26.6K +0.99% 2.7M Feb 15, 2024 Direct F2, F4
transaction OABI Common Stock Tax liability -$74.6K -13.5K -0.5% $5.54 2.68M Feb 15, 2024 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 -10.8K -4.76% $0.00 216K Feb 15, 2024 Common Stock 10.8K $0.00 Direct F1, F2
transaction OABI Restricted Stock Units Options Exercise $0 -26.6K -12.32% $0.00 189K Feb 15, 2024 Common Stock 26.6K $0.00 Direct F2, F4
transaction OABI Restricted Stock Units Award $0 +109K +57.86% $0.00 298K Feb 16, 2024 Common Stock 109K $0.00 Direct F2, F5
transaction OABI Stock Option (right to buy) Award $0 +656K $0.00 656K Feb 16, 2024 Common Stock 656K $5.64 Direct F6
* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id Content
F1 Represents the vesting of an RSU grant which occurs in two substantially equal annual installments beginning on February 15, 2023, as per the terms of the November 2022 Business Combination.
F2 Each Restricted Stock Unit ("RSU") represents a contingent right to receive one share of the Issuer's Common Stock.
F3 Represents shares withheld to satisfy tax withholding obligations upon the vesting of previously reported RSUs.
F4 Represents the vesting of an RSU grant which occurs in three substantially equal annual installments beginning on February 15, 2023, as per the terms of the November 2022 Business Combination.
F5 The RSU grant vests in three substantially equal annual installments beginning on February 16, 2025.
F6 The Stock Option grant vests and is exercisable as to 12.5% of the underlying shares 6 months after the grant date, and in 42 substantially equal monthly installments thereafter.