3//SEC Filing
PureTech Health LLC 3
Accession 0000899243-22-030028
CIK 0001850266other
Filed
Aug 28, 8:00 PM ET
Accepted
Aug 29, 9:30 PM ET
Size
8.0 KB
Accession
0000899243-22-030028
Insider Transaction Report
Form 3
Akili, Inc.AKLI
PureTech Health LLC
10% Owner
Holdings
- (indirect: See footnote)
Earnout Shares
→ Common Stock (7,536,549 underlying) - 12,527,477(indirect: See footnote)
Common Stock
PureTech Health plc
10% Owner
Holdings
- 12,527,477(indirect: See footnote)
Common Stock
- (indirect: See footnote)
Earnout Shares
→ Common Stock (7,536,549 underlying)
Footnotes (2)
- [F1]PureTech Health LLC is the record holder of all of the securities reported in this Form 3. PureTech Health plc is the sole member of PureTech Health LLC, and has the power to direct the voting and disposition of securities held by PureTech Health LLC.
- [F2]Each Earnout Share represents a contingent right to receive one share of Common Stock. The Earnout Shares shall vest and be released upon the satisfaction of certain share price vesting conditions (the "Earnout Conditions") as follows: (i) if, at any time prior to August 19, 2027 (the "Earnout Period") the volume-weighted average price ("VWAP") of the Common Stock equals or exceeds $15.00 per share for any 20 trading days within a 30-trading day period, 1/3 of the Earnout Shares shall vest; (ii) if, at any time during the Earnout Period, the VWAP of the Common Stock equals or exceeds $20.00 per share for any 20 trading days within a 30-trading day period, 1/3 of the Earnout Shares shall vest; and (iii) if, at any time during the Earnout Period, the VWAP of the Common Stock equals or exceeds $30.00 per share for any 20 trading days within a 30-trading day period, 1/3 of the Earnout Shares shall vest.
Documents
Issuer
Akili, Inc.
CIK 0001850266
Entity typeother
IncorporatedDE
Related Parties
1- filerCIK 0001727395
Filing Metadata
- Form type
- 3
- Filed
- Aug 28, 8:00 PM ET
- Accepted
- Aug 29, 9:30 PM ET
- Size
- 8.0 KB