Kurt A. Gustafson - Apr 1, 2024 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
Apr 1, 2024
Transactions value $
-$64,696
Form type
4
Date filed
4/2/2024, 06:30 PM
Previous filing
Mar 7, 2024
Next filing
Apr 9, 2024

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction OABI Common Stock Options Exercise +23.3K +14.65% 182K Apr 1, 2024 Direct F1, F2
transaction OABI Common Stock Sale -$64.7K -11.8K -6.51% $5.46 170K Apr 1, 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 -23.3K -10.53% $0.00 197K Apr 1, 2024 Common Stock 23.3K $0.00 Direct F1, F2
* 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 three substantially equal annual installments beginning on April 1, 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 a mandatory sale of shares to satisfy tax withholding obligations, upon the vesting and settlement of restricted stock units.