Home/Filings/4/0001104659-23-001107
4//SEC Filing

MEANWELL CLIVE 4

Accession 0001104659-23-001107

CIK 0001843762other

Filed

Jan 3, 7:00 PM ET

Accepted

Jan 4, 9:53 PM ET

Size

6.1 KB

Accession

0001104659-23-001107

Insider Transaction Report

Form 4
Period: 2023-01-01
Transactions
  • Award

    Earn-out Shares

    2023-01-01+22643,172 total
    Exp: 2024-12-17Common Stock (226 underlying)
Footnotes (1)
  • [F1]On January 1, 2023, the Reporting Person was allocated the right to acquire an additional 226 shares of the Issuer's Common Stock (the "Earn-out Shares"), (i) 158 of which will be released from escrow if the value weighted average price ("VWAP") for at least 20 of any 30 consecutive trading days following December 17, 2022 is at least $12.50; and (ii) 68 of which will be released from such escrow if the VWAP for at least 20 of any 30 consecutive trading days following December 17, 2022 is at least $16.50. Any Earn-out Shares not eligible to be released on or prior to December 17, 2024 will be forfeited and cancelled, and the maximum number of Earn-out Shares the Reporting Person may be eligible to acquire is subject to adjustment per the terms of the Agreement and Plan of Merger dated August 5, 2021 by and among the Issuer (f/k/a CM Life Sciences III Inc.), Clover III Merger Sub Inc. and EQRx International, Inc. (f/k/a EQRx, Inc.).

Issuer

EQRx, Inc.

CIK 0001843762

Entity typeother

Related Parties

1
  • filerCIK 0001204787

Filing Metadata

Form type
4
Filed
Jan 3, 7:00 PM ET
Accepted
Jan 4, 9:53 PM ET
Size
6.1 KB