Kadia Siddhartha 4
4 · Berkeley Lights, Inc. · Filed Mar 22, 2022
Insider Transaction Report
Form 4
Kadia Siddhartha
Director
Transactions
- Award
Common Stock
2022-03-10+1,017,177→ 1,022,077 total - Award
Stock Option (Right to Buy)
2022-03-10+678,118→ 678,118 totalExercise: $5.69Exp: 2032-03-09→ Common Stock (678,118 underlying) - Award
Stock Option (Right to Buy)
2022-03-10+339,059→ 339,059 totalExercise: $5.69Exp: 2032-03-09→ Common Stock (339,059 underlying)
Footnotes (3)
- [F1]Represents an award of restricted stock units which will vest in twelve (12) equal quarterly installments beginning from the date that is one quarterly anniversary after March 9, 2022 (the "Appointment Date").
- [F2]The stock option will vest in twelve (12) equal quarterly installments on each quarterly anniversary from the Appointment Date.
- [F3]The stock option will vest subject to both a service-based requirement and a performance-based requirement, where (i) the service-based requirement shall be satisfied with respect to 20% of the stock option shares on each anniversary of the Appointment Date, and (ii) the performance-based requirement will be satisfied with respect to 20% of the stock options shares based on achieving each of the stock option price goals of 200%, 400%, 800%, 1500% and 2000% of $5.93, which such stock price goals must be achieved by the seventh anniversary of the Appointment Date.