James Paul McClaskey - Mar 3, 2023 Form 4 Insider Report for Berkeley Lights, Inc. (BLI)

Signature
/s/ Christine Nassi, Attorney-in-fact for Paul McClaskey
Stock symbol
BLI
Transactions as of
Mar 3, 2023
Transactions value $
-$17,733
Form type
4
Date filed
3/7/2023, 07:24 PM
Previous filing
Feb 22, 2023
Next filing
Apr 24, 2023

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction BLI Common Stock Award $0 +75.3K +118.36% $0.00 139K Mar 3, 2023 Direct F1
transaction BLI Common Stock Tax liability -$17.7K -10.7K -7.74% $1.65* 128K Mar 7, 2023 Direct F2, F3
* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id Content
F1 Represents awards of (i) 33,269 restricted stock units in lieu of a cash bonus earned for 2022, which vested in full on March 3, 2023 and were settled in shares of the Issuer's common stock upon vesting, and (ii) 42,000 restricted stock units, of which twenty-five percent will vest on February 20, 2024, with the remainder vesting in twelve equal quarterly installments on the 20th day of the second month of each quarter of the calendar year. The restricted stock units were granted pursuant to the Issuer's 2020 Incentive Award Plan.
F2 Reflects shares sold by the Reporting Person pursuant to a pre-determined election in order to cover tax withholding obligations incurred in connection with the vesting of restricted stock units.
F3 Includes 92,615 restricted stock units.