Form 4 for MRVI MARAVAI LIFESCIENCES HOLDINGS, INC.
Accepted 2022-10-19 00:00:00 ET · period of report 2022-10-17 · accession 0000899243-22-033827 · SEC index · Original document
Summary rows
Aggregated the way they appear in lists: one row per insider, transaction code and security table.
| X | Filed | Traded | Ticker | Insider | Title | Type | Price | Qty | Owned | ΔOwn | Value |
|---|---|---|---|---|---|---|---|---|---|---|---|
| DM | 2022-10-19 | 2022-10-17 | MRVI | MARTIN WILLIAM E. III | See remarks | A - Grant | — | +348.1K | 120.0K | New | — |
| DM | 2022-10-19 | 2022-10-17 | MRVI | MARTIN WILLIAM E. III | See remarks | A - Grant | $0.00 | +644.0K | 240.0K | New | $0 |
Purchase Sale Sale after option exercise All abbreviations
Every reported transaction
| # | Table | Security | Date | Code | A/D | Shares | Price | Owned after | Own | Exercise / expiry | Underlying | Footnotes |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| 1 | Common | Class A Common Stock | 2022-10-17 | A | A | 228,036 | — | 348,055 | D | — | — | (F2) Represents RSUs awarded under the Omnibus Incentive Plan. Each RSU represents the right to receive one share of Class A Common Stock of the Issuer upon vesting, subject to the Reporting Person's continued employment with the Issuer. The RSUs will vest in 1/3rd increments on each of October 17, 2023, October 17, 2024, and October 17, 2025, subject to the Reporting Person's continued employment with the Issuer. |
| 2 | Common | Class A Common Stock | 2022-10-17 | A | A | 120,019 | — | 120,019 | D | — | — | (F1) Represents restricted stock units ("RSUs") awarded under the Maravai LifeSciences Holdings, Inc. 2020 Omnibus Incentive Plan (the "Omnibus Incentive Plan"). Each RSU represents the right to receive one share of Class A Common Stock of the Issuer upon vesting, subject to the Reporting Person's continued employment with the Issuer. The RSUs will vest 50% on each of October 17, 2023 and October 17, 2024, subject to the Reporting Person's continued employment with the Issuer. |
| 3 | Derivative | Employee Stock Option (Right to Buy) | 2022-10-17 | A | A | 403,946 | $0.00 | 403,946 | D | $19.42 · — to 2032-10-17 | 403,946 Class A Common Stock | (F3) Represents options awarded under the Omnibus Incentive Plan. These options will vest 25% on October 17, 2023 and in near-equal 1/36th installments each month thereafter, subject to the Reporting Person's continued employment with the Issuer. |
| 4 | Derivative | Performance Stock Units | 2022-10-17 | A | A | 240,038 | $0.00 | 240,038 | D | — · — to 2025-10-17 | 240,038 Class A Common Stock | (F4) Represents performance stock units ("PSUs") awarded under the Omnibus Incentive Plan. Each PSU represents the contingent right to receive one share of Class A Common Stock of the Issuer. The PSUs will vest on October 17, 2025, if and to the extent the 60-trading day volume-weighted average stock price of the Class A Common Stock of the Issuer equals or exceeds certain thresholds, provided that in the event of a Change in Control (as defined in the Omnibus Incentive Plan) prior to October 17, 2025, the PSUs will convert to time-based RSUs that will fully vest on October 17, 2025, subject to the Reporting Person's continued employment with the Issuer. |