Silvestry Damon 4
4 · PROGENITY, INC. · Filed Apr 19, 2021
Insider Transaction Report
Form 4
PROGENITY, INC.PROG
Silvestry Damon
Chief Operating Officer
Transactions
- Award
Stock Option (Right to Buy)
2021-04-15+118,810→ 118,810 totalExercise: $3.41Exp: 2031-04-15→ Common Stock (118,810 underlying) - Tax Payment
Common Stock
2021-04-15$3.41/sh−3,681$12,552→ 290,656 total - Award
Common Stock
2021-04-15+73,107→ 294,337 total
Footnotes (3)
- [F1]Consists of 73,107 restricted stock units, 15,636 of which vested on the grant date and 14,367 of which will vest on May 15, 2022, with the remaining shares vesting in equal semi-annual installments through May 15, 2025, subject to the Reporting Person's continued service to the Issuer.
- [F2]Represents shares withheld by the Issuer to satisfy tax withholding obligations in connection with the release of 15,636 vested restricted stock units on April 15, 2021.
- [F3]This option represents the right to purchase 118,810 shares of the Issuer's common stock, 25% of which will vest upon the first anniversary of the grant date, with the remaining shares vesting in equal monthly installments through March 15,2025, subject to the Reporting Person's continued service to the Issuer.