11/14/2024 | Press release | Distributed by Public on 11/14/2024 18:20
FORM 4
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UNITED STATES SECURITIES AND EXCHANGE COMMISSION Washington, D.C. 20549 STATEMENT OF CHANGES IN BENEFICIAL OWNERSHIP OF SECURITIES Filed pursuant to Section 16(a) of the Securities Exchange Act of 1934 or Section 30(h) of the Investment Company Act of 1940 |
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Reminder: Report on a separate line for each class of securities beneficially owned directly or indirectly. | |
Persons who respond to the collection of information contained in this form are not required to respond unless the form displays a currently valid OMB control number. | SEC 1474 (9-02) |
1. Title of Derivative Security (Instr. 3) |
2. Conversion or Exercise Price of Derivative Security | 3. Transaction Date (Month/Day/Year) | 3A. Deemed Execution Date, if any (Month/Day/Year) |
4. Transaction Code (Instr. 8) |
5. Number of Derivative Securities Acquired (A) or Disposed of (D) (Instr. 3, 4, and 5) |
6. Date Exercisable and Expiration Date (Month/Day/Year) |
7. Title and Amount of Underlying Securities (Instr. 3 and 4) |
8. Price of Derivative Security (Instr. 5) |
9. Number of Derivative Securities Beneficially Owned Following Reported Transaction(s) (Instr. 4) |
10. Ownership Form of Derivative Security: Direct (D) or Indirect (I) (Instr. 4) |
11. Nature of Indirect Beneficial Ownership (Instr. 4) |
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Code | V | (A) | (D) | Date Exercisable | Expiration Date | Title | Amount or Number of Shares | ||||||||
Stock Option (Right to Buy) | $2.22 | 11/12/2024 | M(1) | 39,375 | (4) | 03/03/2030 | Class A Common Stock | 39,375 | $ 0 | 377,010 | D | ||||
Stock Option (Right to Buy) | $2.22 | 11/13/2024 | M(1) | 39,375 | (4) | 03/03/2030 | Class A Common Stock | 39,375 | $ 0 | 337,635 | D | ||||
Stock Option (Right to Buy) | $2.22 | (5) | 03/03/2030 | Class A Common Stock | 0 | 685,177 | D | ||||||||
Stock Option (Right to Buy) | $11.4 | 02/04/2022 | 02/04/2032 | Class A Common Stock | 0 | 3,914 | D | ||||||||
Stock Option (Right to Buy) | $11.4 | (6) | 02/04/2032 | Class A Common Stock | 0 | 116,684 | D | ||||||||
Stock Option (Right to Buy) | $8.55 | (7) | 02/01/2033 | Class A Common Stock | 0 | 404,857 | D | ||||||||
Stock Option (Right to Buy) | $10.09 | (8) | 02/09/2034 | Class A Common Stock | 0 | 348,380 | D |
Reporting Owner Name / Address | Relationships | |||
Director | 10% Owner | Officer | Other | |
Secora Michael C/O RECURSION PHARMACEUTICALS 41 S. RIO GRANDE STREET SALT LAKE CITY, UT 84101 |
Chief Financial Officer |
/s/Jonathan Golightly, attorney-in-fact | 11/14/2024 |
**Signature of Reporting Person | Date |
* | If the form is filed by more than one reporting person, see Instruction 4(b)(v). |
** | Intentional misstatements or omissions of facts constitute Federal Criminal Violations. See 18 U.S.C. 1001 and 15 U.S.C. 78ff(a). |
(1) | Transaction is pursuant to a 10b5-1 trading plan adopted by the Reporting Person on March 1, 2024. |
(2) | This transaction was executed in multiple trades at prices ranging from $7.49 to $8.01 The price reported above reflects the weighted average sale price. The Reporting Person undertakes to provide upon request by the staff of the Securities and Exchange Commission, the Issuer, or a security holder of the Issuer, full information regarding the number of shares sold at each separate sale price. |
(3) | This transaction was executed in multiple trades at prices ranging from $7.31 to $7.99. The price reported above reflects the weighted average sale price. The Reporting Person undertakes to provide upon request by the staff of the Securities and Exchange Commission, the Issuer, or a security holder of the Issuer, full information regarding the number of shares sold at each separate sale price. |
(4) | The option, originally for 1,500,000 shares, vests incrementally upon satisfaction of certain liquidity events. |
(5) | The option, originally for 1,125,000 shares, vests as to one forty-eighth (1/48th) of the shares subject to the award one month after March 1, 2020, and one forty-eighth (1/48th) of the shares subject to the award shall vest each month thereafter. |
(6) | The option vests as to one forty-eighth (1/48th) of the shares subject to the option on March 1, 2022, and one forty-eighth (1/48th) of the shares subject to the option shall vest each month thereafter. |
(7) | The option vests as to one forty-eighth (1/48th) of the shares subject to the option on March 1, 2023, and one forty-eighth (1/48th) of the shares subject to the option shall vest each month thereafter. |
(8) | The option vests as to one forty-eighth (1/48th) of the shares subject to the option on March 1, 2024, and one forty-eighth (1/48th) of the shares subject to the option shall vest each month thereafter. |