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Fallon Marie E.'s Form 4 filing

Ginkgo Bioworks Holdings, Inc. (DNA) · filed Apr 5, 2023

Accession no.
0001127602-23-012625
Filed
Apr 5, 2023
Trade date
Mar 31-Apr 3, 2023
Filing delay
5 daysLate
Rule 10b5-1 plan
Not checked

This filing lists 4 non-derivative transactions and 3 derivative transactions. Open-market sales total $11.1K. It was filed 5 days after the trade, past the 2-business-day deadline.

Reporting owners

A Form 4 can have several reporting owners, such as a person and a fund they control. Trade tables show the first one.

Reporting owners on this filing
OwnerRelationship to the company
Fallon Marie E.CIK 0001883686Officer (See remarks)

Non-derivative securities (Table I)

Acquisitions and disposals of common stock and similar shares, one row per line on the filing.

Non-derivative transactions
Trade dateSecurityTransactionSharesPriceValueShares afterOwnershipFlags
Mar 31, 2023Class A Common StockMOption exerciseAcquired+13,684–F1–178,018Direct
Mar 31, 2023Class A Common StockMOption exerciseAcquired+3,750–F2–181,768Direct
Mar 31, 2023Class A Common StockMOption exerciseAcquired+307–F4–182,075Direct
Apr 3, 2023Class A Common StockSSaleDisposed−8,732$1.27−$11,089.64173,343Direct

Derivative securities (Table II)

Options, warrants, restricted stock units and similar. Shares are the underlying shares; price and value are for the derivative itself, and the holding after is in derivative units.

Derivative transactions
Trade dateSecurityTransactionUnderlying sharesUnit priceValueHeld afterOwnershipFlags
Mar 31, 2023Class A Common StockMOption exerciseDisposed−13,684–F1–371,328Direct
Mar 31, 2023Class A Common StockMOption exerciseDisposed−3,750–F2–176,250Direct
Mar 31, 2023Class A Common StockMOption exerciseDisposed−307–F7–50,919Direct

Footnotes and remarks

Livermore keeps the footnotes that transaction prices refer to, all footnotes of amendments (Form 4/A) and the filing's remarks. Other footnotes, such as how indirect holdings are held or the details of a trading plan, are only in the original on SEC EDGAR.

F1

Represents restricted stock units (the "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. The service-based vesting condition with respect to 13,684 of the RSUs was satisfied on April 1, 2023, and the Issuer elected to deliver one share of Class A Common Stock to the Reporting Person for each such RSU. Such shares of Class A Common Stock may be exchanged for shares of Class B Common Stock at the option of the Reporting Person.

Referenced by the price of 1 transaction in Table I and 1 transaction in Table II.

F2

Each restricted stock unit represents a contingent right to receive one share of the Issuer's Class A Common Stock.

Referenced by the price of 1 transaction in Table I and 1 transaction in Table II.

F4

Shares of the Class B Common Stock may be converted into shares of Class A Common Stock, on a one-to-one basis, at the option of the holder at any time and have no expiration date.

Referenced by the price of 1 transaction in Table I.

F7

Includes shares of Class B Common Stock that are subject to vesting conditions.

Referenced by the price of 1 transaction in Table II.

Remarks

Chief Accounting Officer

Read the full filing on SEC EDGAR (opens in a new tab)