Sandra R. Hernandez MD - 26 Aug 2024 Form 4 Insider Report for 23andMe Holding Co. (MEHCQ)

Source evidence Original filing metadata and source links for verification. 4 source fields
SEC form
4
Accepted by SEC
28 Aug 2024, 16:27:55 UTC
Prior SEC filing
02 Jul 2024
Source filing
View source filing
Reporting owner 1 detail
Reporting owner signature
/s/ Sandra Hernandez, by Guy Chayoun, attorney-in-fact

Key filing fact

Sandra R. Hernandez MD filed Form 4 for 23andMe Holding Co. (MEHCQ) on 28 Aug 2024.

Key facts

  • This page summarizes Sandra R. Hernandez MD's Form 4 filing for 23andMe Holding Co. (MEHCQ).
  • 2 reported transactions and 0 derivative rows are listed below.
  • Accepted by SEC: 28 Aug 2024, 16:27.

Change

  • Previous filing in this sequence was filed on 02 Jul 2024.
  • Current net transaction value: +$50,000.

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.

ME transaction

Class A Common Stock

Award

Transaction value
$0
Shares
+658,485
Change %
+167%
Price
$0.000000
Shares after
1,053,549
Date
26 Aug 2024
Ownership
Direct
Footnotes
F1
ME transaction

Class A Common Stock

Award

Transaction value
$50,000
Shares
+149,655
Change %
+14%
Price
$0.3341
Shares after
1,203,204
Date
26 Aug 2024
Ownership
Direct
Footnotes
F2, F3
* marks a reported price that did not pass the local price check.

Additional SEC filing notes

Filing notes and footnotes

Explanation of responses 3 footnotes

Footnote F1

Restricted stock units ("RSUs") issued pursuant to the 23andMe Holding Co. Amended and Restated Outside Director Compensation Policy effective as of September 6, 2023 (the "Director Compensation Policy"), all of which vest on the earlier of (a) the first anniversary of the grant date and (b) the date of the issuer's 2025 annual meeting of stockholders. Each RSU represents the contingent right to receive one share of Class A common stock of the issuer. The reporting person has elected to defer receipt of these shares until the end of service on the board of directors of the issuer pursuant to the 23andMe Holding Co. RSU Conversion and Deferral Program For Directors as amended and restated on September 6, 2023 (the "Conversion and Deferral Program").

Footnote F2

RSUs issued to the reporting person in lieu of cash retainer fees, at the election of the reporting person (the "RSU Election"), pursuant to the Director Compensation Policy and the Conversion and Deferral Program. Each RSU represents the contingent right to receive one share of Class A common stock of the issuer and is fully vested. The reporting person has elected to defer receipt of these shares until the end of service on the board of directors of the issuer pursuant to the Conversion and Deferral Program.

Footnote F3

Under the the Conversion and Deferral Program, the number of shares issued in lieu of cash retainer fees is determined by dividing the dollar amount of the cash retainer fees subject to the RSU Election by the closing price of a share of Class A common stock of the issuer on the Nasdaq Capital Market on the date of issuance, with any fractional share rounded down to the nearest whole share.

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