Fallon Marie E. 4
4 · Ginkgo Bioworks Holdings, Inc. · Filed Mar 24, 2023
Insider Transaction Report
Form 4
Fallon Marie E.
Chief Accounting Officer
Transactions
- Award
Restricted Stock Units
2023-03-17+180,000→ 180,000 total→ Class A Common Stock (180,000 underlying)
Holdings
- 385,012
Restricted Stock Units
→ Class A Common Stock (385,012 underlying)
Footnotes (3)
- [F1]Each restricted stock unit (the "RSU") represents a contingent right to receive one share of the Issuer's Class A Common Stock.
- [F2]The RSUs vest in 48 equal monthly installments beginning on April 1, 2023.
- [F3]Represents RSUs granted prior to the business combination of Soaring Eagle Acquisition Corp. and Ginkgo Bioworks, Inc. in September 2021 (the "Merger"), which became contingent rights to acquire equity securities of the Issuer upon consummation of the Merger. At the time of grant, the RSUs were subject to both a service-based vesting condition and a performance-based vesting condition. On November 17, 2021, the board of directors of the Issuer modified the vesting terms of RSUs, such that the Merger was deemed to have satisfied the performance condition for vesting effective as of March 15, 2022.