Charles S. Berkman - Apr 7, 2024 Form 4 Insider Report for OmniAb, Inc. (OABI)

Signature
/s/ Charles S. Berkman
Stock symbol
OABI
Transactions as of
Apr 7, 2024
Transactions value $
-$36,648
Form type
4
Date filed
4/9/2024, 06:37 PM
Previous filing
Feb 20, 2024

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction OABI Common Stock Options Exercise +13.5K +4.73% 300K Apr 7, 2024 Direct F1, F2
transaction OABI Common Stock Sale -$36.6K -6.95K -2.32% $5.27 293K Apr 8, 2024 Direct F3, F4

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 OABI Restricted Stock Units Options Exercise $0 -13.5K -10.57% $0.00 115K Apr 7, 2024 Common Stock 13.5K $0.00 Direct F1, F2
* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id Content
F1 Represents the vesting of an RSU grant which occurs in three substantially equal annual installments beginning on April 7, 2024.
F2 Each Restricted Stock Unit ("RSU") represents a contingent right to receive one share of the Issuer's Common Stock.
F3 Represents a mandatory sale of shares to satisfy tax withholding obligations, upon the vesting and settlement of restricted stock units.
F4 The price reported in Column 4 is a weighted average price. These shares were sold in multiple transactions at prices ranging from $5.205 to $5.345. The reporting person undertakes to provide the Issuer, any security holder of the Issuer, or the staff of the Securities and Exchange Commission, upon request, full information regarding the number of shares sold at each separate price within the range set forth in this footnote.