John Viii Stark - 10 Jan 2022 Form 4 Insider Report for Quantum-Si Inc (QSI)

Source evidence Original filing metadata and source links for verification. 4 source fields
SEC form
4
Accepted by SEC
12 Jan 2022, 17:42:49 UTC
Prior SEC filing
14 Jun 2021
Source filing
View source filing
Reporting owner 1 detail
Reporting owner signature
/s/ Christian LaPointe, Ph.D., Attorney-in-Fact

Key filing fact

John Viii Stark filed Form 4 for Quantum-Si Inc (QSI) on 12 Jan 2022.

Key facts

  • This page summarizes John Viii Stark's Form 4 filing for Quantum-Si Inc (QSI).
  • 2 reported transactions and 0 derivative rows are listed below.
  • Accepted by SEC: 12 Jan 2022, 17:42.

Change

  • Previous filing in this sequence was filed on 14 Jun 2021.
  • Current net transaction value: -$1,056,627.

Research use

  • This tells you what this filing adds before you inspect full transaction and derivative tables.
  • You can trace every row back to the original SEC filing document.

Evidence

Filed on Form 4

Ownership activity is grounded in SEC Form 4 disclosures.

View source filing

Reported non-derivative transactions

Shares, units, or other non-derivative securities reported in this filing.

QSI transaction

Class A Common Stock

Sale

Transaction value
$1,008,227
Shares
-172,167
Change %
-8%
Price
$5.86
Shares after
1,985,070
Date
10 Jan 2022
Ownership
Direct
Footnotes
F1, F2, F3
QSI transaction

Class A Common Stock

Sale

Transaction value
$48,400
Shares
-7,702
Change %
-0.39%
Price
$6.28
Shares after
1,977,368
Date
11 Jan 2022
Ownership
Direct
Footnotes
F1, F3, F4
* marks a reported price that did not pass the local price check.

Additional SEC filing notes

Filing notes and footnotes

Explanation of responses 4 footnotes

Footnote F1

The sales reported in this Form 4 were effected to cover tax withholding obligations in connection with the vesting of restricted stock units ("RSUs") that were granted on February 17, 2021 pursuant to a "sell to cover" provision included in the RSU Agreement.

Footnote F2

Represents the weighted average sales price per share. The shares sold at prices ranging from $5.71 to $6.41 per share. Full information regarding the number of shares sold at each price shall be provided upon request to the staff of the U.S. Securities and Exchange Commission, the Issuer, or a security holder of the Issuer.

Footnote F3

Includes 1,731,372 RSUs. Each RSU represents the right to receive one share of common stock upon vesting. 425,865 RSUs vested on January 7, 2022, with 1,277,595 RSUs vesting in 12 equal quarterly installments thereafter beginning with the quarter ending March 31, 2022, subject to Mr. Stark's continued service through the applicable vesting date. 453,777 RSUs vest (i) on the closing of a financing in excess of $50 million within three years of Mr. Stark's start date at a share price greater than $16.08 (as adjusted), or (ii) if the Issuer is a publicly listed company and within three years of Mr. Stark's start date the closing price of the Issuer's shares is $16.08 (as adjusted) or more for any 20 trading days within any 30 consecutive trading day period, subject to Mr. Stark's continued service through the applicable vesting date.

Footnote F4

Represents the weighted average sales price per share. The shares sold at prices ranging from $6.25 to $6.34 per share. Full information regarding the number of shares sold at each price shall be provided upon request to the staff of the U.S. Securities and Exchange Commission, the Issuer, or a security holder of the Issuer.

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