Key facts
- This page summarizes Shawn Assad's Form 4 filing for GeneDx Holdings Corp. (WGS).
- 6 reported transactions and 2 derivative rows are listed below.
- Accepted by SEC: 31 May 2023, 16:17.
Shawn Assad - 01 Jul 2022 Form 4 Insider Report for GeneDx Holdings Corp. (WGS)
- Reporting relationship
- Former CAO
- Issuer ticker
- WGS
- Reported as of
- 01 Jul 2022
- Net transaction value
- -$8,844
- SEC form
- 4
- Accepted by SEC
- 31 May 2023, 16:17:37 UTC
- Prior SEC filing
- 12 May 2022
- Source filing
- View source filing
- Reporting owner signature
- /s/ Shawn Assad
Source evidence
Original filing metadata and source links for verification.
4 source fields
Reporting owner
1 detail
Key filing fact
Shawn Assad filed Form 4 for GeneDx Holdings Corp. (WGS) on 31 May 2023.
Change
- Previous filing in this sequence was filed on 12 May 2022.
- Current net transaction value: -$8,844.
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
View source filing
Ownership activity is grounded in SEC Form 4 disclosures.
Reported non-derivative transactions
Shares, units, or other non-derivative securities reported in this filing.
WGS
transaction
Class A Common Stock
Options Exercise
- Transaction value
- Shares
- +5,139
- Change %
- +16%
- Price
- Shares after
- 37,246
- Date
- 01 Jul 2022
- Ownership
- Direct
- Footnotes
- F1
WGS
transaction
Class A Common Stock
Sale
- Transaction value
- $1,974
- Shares
- -1,497
- Change %
- -4%
- Price
- $1.32
- Shares after
- 35,749
- Date
- 05 Jul 2022
- Ownership
- Direct
- Footnotes
- F2, F3
WGS
transaction
Class A Common Stock
Options Exercise
- Transaction value
- Shares
- +10,457
- Change %
- +29%
- Price
- Shares after
- 46,206
- Date
- 10 Aug 2022
- Ownership
- Direct
- Footnotes
- F1
WGS
transaction
Class A Common Stock
Sale
- Transaction value
- $6,870
- Shares
- -3,166
- Change %
- -6.9%
- Price
- $2.17
- Shares after
- 43,040
- Date
- 12 Aug 2022
- Ownership
- Direct
- Footnotes
- F2
Reported derivative securities
Options, warrants, convertible securities, or similar derivative positions disclosed in the filing.
WGS
transaction
Derivative
Restricted Stock Unit
Options Exercise
- Transaction value
- $0
- Shares
- -5,139
- Change %
- -6.2%
- Price
- $0.000000
- Shares after
- 77,097
- Date
- 01 Jul 2022
- Ownership
- Direct
- Underlying class
- Class A Common Stock
- Underlying amount
- 5,139
- Exercise price
- Footnotes
- F1, F4
WGS
transaction
Derivative
Restricted Stock Unit
Options Exercise
- Transaction value
- $0
- Shares
- -10,457
- Change %
- -8.3%
- Price
- $0.000000
- Shares after
- 115,037
- Date
- 10 Aug 2022
- Ownership
- Direct
- Underlying class
- Class A Common Stock
- Underlying amount
- 10,457
- Exercise price
- Footnotes
- F1, F5
* marks a reported price that did not pass the local price check.
Additional SEC filing notes
Filing notes and footnotes
Explanation of responses 5 footnotes
Footnote F1
Each restricted stock unit ("RSU") represents a contingent right to receive 1 share of the Issuer's Class A Common Stock upon settlement for no consideration.
Footnote F2
The sale reported on this Form 4 represents shares sold by the Reporting Person to cover tax withholding obligations in connection with the vesting and settlement of RSUs. The sale was to satisfy tax withholding obligations to be funded by a "sell to cover" transaction and does not represent a discretionary transaction by the Reporting Person.
Footnote F3
The price reported in Column 4 is a weighted average price. These shares were sold in multiple transactions at prices ranging from $1.215 to $1.40, inclusive. The reporting person undertakes to provide to the Issuer, any security holder of the Issuer, or the staff of the U.S. Securities and Exchange Commission, upon request, full information regarding the number of shares sold at each separate price within the range set forth in this footnote.
Footnote F4
6.25% of the total shares underlying the restricted stock units vest in quarterly installments beginning on July 1, 2022 until fully vested, subject to the Reporting Person's continued service to the Issuer on each vesting date.
Footnote F5
1/16th of the total shares vested beginning on October 25, 2021, and thereafter vests as to 1/16th of the total shares underlying the award in quarterly installments until fully vested on May 10, 2025, subject to the Reporting Person's continued service to the Issuer on each vesting date.