LUDLUM KEN 4
4 · Personalis, Inc. · Filed May 18, 2021
Insider Transaction Report
Form 4
Personalis, Inc.PSNL
LUDLUM KEN
Director
Transactions
- Award
Stock Option (right to buy)
2021-05-14+4,229→ 4,229 totalExercise: $19.74Exp: 2031-05-14→ Common Stock (4,229 underlying) - Award
Common Stock
2021-05-14+2,736→ 32,736 total
Holdings
- 70,000(indirect: See Footnote)
Common Stock
Footnotes (3)
- [F1]Each share is represented by a restricted stock unit ("RSU"). Each RSU represents a contingent right to receive one share of the Issuer's common stock upon settlement. 100% of the shares subject to the RSU shall vest on the earlier of the one-year anniversary of the grant date or the day prior to the Company's next annual meeting of stockholders. In the event of a change in control (as defined in the Company's 2019 Equity Incentive Plan), the shares underlying the RSU shall vest immediately prior to the effectiveness of such change in control.
- [F2]The shares are held by Kenneth E. Ludlum Revocable Living Trust Under Agreement Dated April 19, 2013, for which the Reporting Person serves as trustee.
- [F3]100% of the shares subject to the option shall vest on the earlier of the one-year anniversary of the grant date or the day prior to the Company's next annual meeting of stockholders. In the event of a change in control (as defined in the Company's 2019 Equity Incentive Plan), the shares underlying the option shall vest and become immediately exercisable prior to the effectiveness of such change in control.