11/15/2024 | Press release | Distributed by Public on 11/15/2024 17:53
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 | ||||||||
Class B Common Stock | $ 0 (3) | 11/13/2024 | C(1)(2) | 20,000 | (3) | (3) | Class A Common Stock | 20,000 | $ 0 | 6,076,700 | D | ||||
Class B Common Stock | $ 0 (3) | 11/14/2024 | C(1)(2) | 20,000 | (3) | (3) | Class A Common Stock | 20,000 | $ 0 | 6,056,700 | D | ||||
Class B Common Stock | $ 0 | (3) | (3) | Class A Common Stock | 0 | 486,000 | I | by LAHWRAN-3 LLC(4) | |||||||
Class B Common Stock | $ 0 | (3) | (3) | Class A Common Stock | 0 | 388,000 | I | by LAHWRAN-4 LLC(5) | |||||||
Class B Common Stock | $ 0 | (3) | (3) | Class A Common Stock | 0 | 67,875 | I | by Gibson Family Trust(6) | |||||||
Stock Option (Right to Buy) | $2.48 | (7) | 12/30/2030 | Class A Common Stock | 0 | 282,500 | D | ||||||||
Stock Option (Right to Buy) | $8.55 | (8) | 02/01/2033 | Class A Common Stock | 0 | 813,600 | D | ||||||||
Stock Option (Right to Buy) | $11.4 | (9) | 02/04/2032 | Class A Common Stock | 0 | 399,002 | D | ||||||||
Stock Option (Right to Buy) | $11.4 | 02/04/2022 | 02/04/2032 | Class A Common Stock | 0 | 5,436 | D | ||||||||
Stock Option (Right to Buy) | $10.09 | (10) | 02/09/2034 | Class A Common Stock | 0 | 666,898 | D |
Reporting Owner Name / Address | Relationships | |||
Director | 10% Owner | Officer | Other | |
Gibson Christopher C/O RECURSION PHARMACEUTICALS 41 S. RIO GRANDE STREET SALT LAKE CITY, UT 84101 |
X | Chief Executive Officer |
/s/ Jonathan Golightly, attorney-in-fact | 11/15/2024 |
**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) | Represents the automatic conversion of Class B Common Stock into Class A Common Stock in connection with a disposition of shares by the Reporting Person. |
(2) | This transaction is pursuant to a Rule 10b5-1 trading plan adopted by the Reporting Person on December 27, 2023. |
(3) | Each share of Class B Common Stock is convertible into one share of Class A Common Stock at the option of the holder and has no expiration date. |
(4) | The shares are held by LAHWRAN-3 LLC, of which the Reporting Person is a member and a manager. |
(5) | The shares are held by LAHWRAN-4 LLC, of which the Reporting Person is a member and a manager. |
(6) | The shares are held by the Gibson Family Trust, of which the Reporting Person serves as Trustee. |
(7) | The option, originally for 1,500,000 shares, vested as to one forty-eighth (1/48th) of the shares subject to the option on January 31, 2021, 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, 2023, and one forty-eighth (1/48th) of the shares subject to the option will vest each month thereafter. |
(9) | The option, originally for 416,350 shares, vested 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 will vest each month thereafter. |
(10) | The option vests as to one forty-eighth (1/48th) of the original 666,898 shares subject to the option on March 1, 2024, and one forty-eighth (1/48th) of the shares subject to the option will vest each month thereafter. |