Evan Lovell - Aug 11, 2022 Form 4 Insider Report for 23andMe Holding Co. (ME)

Role: Director
Signature: /s/ Evan Lovell, by Kathy Hibbs, attorney-in-fact
Stock symbol: ME
Transactions as of: Aug 11, 2022
Transactions value $: $0
Form type: 4
Date filed: 8/11/2022, 04:22 PM
Previous filing: Mar 11, 2022

Transactions Table

Type	Sym	Class	Transaction	Value $	Shares	Change %	* Price $	Shares After	Date	Ownership	Footnotes
transaction	ME	Class A Common Stock	Other	$0	+1.22M	+10613.74%	$0.00	1.23M	Aug 11, 2022	Direct	F1

Derivative Securities (e.g., puts, calls, warrants, options, convertible securities)

Type	Sym	Class	Transaction	Value $	Shares	Change %	* Price $	Shares After	Date	Underlying Class	Amount	Exercise Price	Ownership	Footnotes
transaction	ME	Class C Shares in VG Acquisition Sponsor LLC	Other	$0	-35	-70%	$0.00	15	Aug 11, 2022	Class A Common Stock	1.22M	$0.00	Direct	F2, F3

* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id	Content
F1	On August 11, 2022, VG Acquisition Sponsor LLC ("VGAS") redeemed certain membership interests held by certain of VGAS's members (the "Members") in exchange for shares of Class A Common Stock, par value $0.0001 per share, of 23andMe Holding Co. (the "Shares"), provided to the Members (the "Distribution"). Each of the Members acquired Shares as part of the Distribution on a pro rata basis based upon their respective equity interests in VGAS. As a result of the Distribution, the Reporting Person received 1,217,077 Shares.
F2	Represents Class C Shares in VGAS. The Class C Shares in VGAS represent an economic entitlement to the proceeds attributable to a number of the Issuer Shares held by VGAS. The Class C Shares in VGAS have no expiration date.
F3	Represents VGAS's redemption of Reporting Person's 35 Class C Shares in VGAS in connection with the Distribution. Following the redemption, Report Person continues to hold 15 Class C Shares in VGAS, representing Reporting Person's economic entitlement to the proceeds attributable to 500,274 Issuer Shares.