MARTHA A. M. MORFITT - 21 Jun 2022 Form 4 Insider Report for OLAPLEX HOLDINGS, INC. (OLPX)

Role
Director
Signature
/s/ Eric Tiziani, attorney-in-fact
Issuer symbol
OLPX
Transactions as of
21 Jun 2022
Transactions value $
$193,436
Form type
4
Filing time
23 Jun 2022, 16:35:17 UTC
Previous filing
10 Jun 2022
Next filing
26 Aug 2022
SEC
View on sec.gov

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction OLPX Common Stock Options Exercise $193,436 +57,915 +60.2% $3.34 154,140 21 Jun 2022 Direct
holding OLPX Common Stock 33,000 21 Jun 2022 By Spouse

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 OLPX Option (Right to Buy) Options Exercise $0 -57,915 -20% $0.000000 231,660 21 Jun 2022 Common Stock 57,915 $3.34 Direct F1, F2
holding OLPX Option (Right to Buy) 144,450 21 Jun 2022 Common Stock 144,450 $3.34 Direct F3
* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id Content
F1 Represents the reporting person's cash exercise of a stock option.
F2 This option vests as to the remaining portion of the underlying shares of common stock, par value $0.001 per share ("Common Stock"), of Olaplex Holdings, Inc. (the "Company") in four equal installments of 57,915 shares on each of April 20, 2023, April 20, 2024, April 20, 2025, and April 20, 2026.
F3 This option vests as to the remaining portion of the underlying shares of Common Stock in three equal installments of 48,150 shares on each of the first three anniversaries of October 4, 2021, the date of consummation of the initial public offering of the Company's Common Stock.

Remarks:

This filing relates to the exercise of an option to purchase Common Stock by the reporting person. No shares were sold by the reporting person.