4//SEC Filing
Shetty Reshma P. 4
Accession 0001127602-24-013568
CIK 0001830214other
Filed
Apr 28, 8:00 PM ET
Accepted
Apr 29, 4:51 PM ET
Size
8.6 KB
Accession
0001127602-24-013568
Insider Transaction Report
Form 4
Shetty Reshma P.
DirectorPresident, COO & Founder10% Owner
Transactions
- Award
Stock Option
2024-04-25+5,000,000→ 5,000,000 totalExercise: $2.50Exp: 2034-04-25→ Class A Common Stock (5,000,000 underlying) - Award
Stock Option
2024-04-25+5,000,000→ 5,000,000 total(indirect: By Spouse)Exercise: $2.50Exp: 2034-04-25→ Class A Common Stock (5,000,000 underlying)
Footnotes (1)
- [F1]The options are subject both to time-based and performance-based vesting criteria (the "Founder Options"). The performance-based vesting is tied to the achievement of four specified stock price hurdles within a five-year period, with 10% of the Founder Options vesting based on the achievement of a 90-calendar-day average stock price of $5.00, 10% of the Founder Options vesting based on the achievement of a 90-calendar-day average stock price of $7.50, 20% of the Founder Options vesting based on the achievement of a 90-calendar-day average stock price of $10.00 and the remaining 60% of the Founder Options vesting based on the achievement of a 90-calendar-day average stock price of $12.50. If any of the performance-based criteria are achieved during the five-year performance period, the awards will vest on the five-year anniversary of the grant date, subject to the Reporting Person's or spouse's continued employment with Ginkgo on such anniversary.
Documents
Issuer
Ginkgo Bioworks Holdings, Inc.
CIK 0001830214
Entity typeother
Related Parties
1- filerCIK 0001873523
Filing Metadata
- Form type
- 4
- Filed
- Apr 28, 8:00 PM ET
- Accepted
- Apr 29, 4:51 PM ET
- Size
- 8.6 KB