Form 4 for DNA Ginkgo Bioworks Holdings, Inc.
Accepted 2023-04-05 00:00:00 ET · period of report 2023-03-31 · accession 0001127602-23-012623 · 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 | 2023-04-05 | 2023-03-31 | DNA | Dmytruk Mark E. | See remarks | M - OptEx | — | +83.4K | 596.0K | +16% | — |
| D | 2023-04-05 | 2023-04-03 | DNA | Dmytruk Mark E. | See remarks | S - Sale+OE | $1.27 | -38.8K | 575.4K | -6% | -$49.3K |
| DM | 2023-04-05 | 2023-03-31 | DNA | Dmytruk Mark E. | See remarks | M - OptEx | — | -83.4K | 851.9K | -9% | — |
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 | 2023-03-31 | M | A | 18,125 | — | 614,145 | D | — | — | (F2) Each RSU represents a contingent right to receive one share of the Issuer's Class A Common Stock. |
| 2 | Common | Class A Common Stock | 2023-03-31 | M | A | 65,284 | — | 596,020 | D | — | — | (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 65,284 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. |
| 3 | Common | Class A Common Stock | 2023-04-03 | S | D | 38,787 | $1.27 | 575,358 | D | — | — | |
| 4 | Derivative | Restricted Stock Units | 2023-03-31 | M | D | 65,284 | — | 1,496,325 | D | — · — to — | 65,284 Class A Common Stock | (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 65,284 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. |
| 5 | Derivative | Restricted Stock Units | 2023-03-31 | M | D | 18,125 | — | 851,875 | D | — · — to — | 18,125 Class A Common Stock | (F2) Each RSU represents a contingent right to receive one share of the Issuer's Class A Common Stock. (F4) The RSUs vest in 48 equal monthly installments, which began on April 1, 2023. |