Joshua Ruch - Oct 15, 2023 Form 4 Insider Report for GeneDx Holdings Corp. (WGS)

Role: Director
Signature: /s/ Devin Schaffer, Attorney-in-Fact
Stock symbol: WGS
Transactions as of: Oct 15, 2023
Transactions value $: $0
Form type: 4
Date filed: 10/17/2023, 06:49 PM
Previous filing: Jul 25, 2023
Next filing: Jun 24, 2024

Transactions Table

Type	Sym	Class	Transaction	Value $	Shares	Change %	* Price $	Shares After	Date	Ownership	Footnotes
transaction	WGS	Class A Common Stock	Options Exercise		+129	+6.8%		2.03K	Oct 15, 2023	Direct	F1
holding	WGS	Class A Common Stock						14.8K	Oct 15, 2023	By Kariba LLC	F2
holding	WGS	Class A Common Stock						30.1K	Oct 15, 2023	By RUGU2 LLC	F2
holding	WGS	Class A Common Stock						149K	Oct 15, 2023	By VAAL Investment Partners Q9 LP	F2

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	WGS	Restricted Stock Unit	Options Exercise	$0	-129	-49.81%	$0.00	130	Oct 15, 2023	Class A Common Stock	129		Direct	F1, F3

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

Explanation of Responses:

Id	Content
F1	Each restricted stock unit ("RSU") represents a contingent right to receive 1 share of the Issuer's Class A Common Stock upon settlement for no consideration.
F2	Mr. Ruch is (i) a managing member of the managing member of the general partner of Vaal Investment Partners Q9 LP ("Q9"), (ii) a managing member of RUGU2 LLC ("RUGU2") and (iii) a managing member of Kariba LLC ("Kariba"). As such, Mr. Ruch exercises voting and investment power with respect to the shares owned by Q9, RUGU2 and Kariba. Mr. Ruch disclaims beneficial ownership of such securities, except to the extent of his pecuniary interest therein.
F3	The RSUs will vest in equal annual installments over the three-year period following the grant date of October 15, 2021, subject to the Reporting Person continuing to provide services to the Issuer through each vesting date.