Lovell Evan 4
4 · 23andMe Holding Co. · Filed Aug 11, 2022
Insider Transaction Report
Form 4
Lovell Evan
DirectorChief Executive Officer
Transactions
- Other
Class A Common Stock
2022-08-11+1,217,077→ 1,228,544 total - Other
Class C Shares in VG Acquisition Sponsor LLC
2022-08-11−35→ 15 totalExercise: $0.00→ Class A Common Stock (1,217,077 underlying)
Footnotes (3)
- [F1]On August 11, 2022, VG Acquisition Sponsor LLC ("VGAS") redeemed certain membership interests held by certain of VGAS's members (the "Members") in exchange for shares of Class A Common Stock, par value $0.0001 per share, of 23andMe Holding Co. (the "Shares"), provided to the Members (the "Distribution"). Each of the Members acquired Shares as part of the Distribution on a pro rata basis based upon their respective equity interests in VGAS. As a result of the Distribution, the Reporting Person received 1,217,077 Shares.
- [F2]Represents Class C Shares in VGAS. The Class C Shares in VGAS represent an economic entitlement to the proceeds attributable to a number of the Issuer Shares held by VGAS. The Class C Shares in VGAS have no expiration date.
- [F3]Represents VGAS's redemption of Reporting Person's 35 Class C Shares in VGAS in connection with the Distribution. Following the redemption, Report Person continues to hold 15 Class C Shares in VGAS, representing Reporting Person's economic entitlement to the proceeds attributable to 500,274 Issuer Shares.