IGOR Y. KHANDROS - 14 May 2021 Form 4 Insider Report for Berkeley Lights, Inc. (BLI)

Role
Director, 10%+ Owner
Signature
/s/ Stuart L. Merkadeau, Attorney-in-fact for Igor Khandros
Issuer symbol
BLI
Transactions as of
14 May 2021
Net transactions value
$0
Form type
4
Filing time
18 May 2021, 21:43:40 UTC
Next filing
17 Aug 2021
SEC
View on sec.gov

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction BLI Common Stock Award $0 +1,400 +0.01% $0.000000 9,713,028 14 May 2021 See footnote F1, 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 BLI Stock Option (Right to Buy) Award $0 +4,900 $0.000000 4,900 14 May 2021 Common Stock 4,900 $37.13 Direct F3
* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id Content
F1 Represents an award of restricted stock units ("RSUs"). Each RSU represents a contingent right to receive one share of the Issuer's common stock. The RSUs will vest on May 14, 2022 and have no expiration date.
F2 Consists of (i) 9,338,910 shares held by the Khandros-Bloch Revocable Trust U/A/D 1/24/1997 ("Revocable Trust"), (ii) 1,400 restricted stock units held by the Revocable Trust, (iii) 100,757 shares held by the Khandros 2018 3-Year GRAT (the "Khandros GRAT"), (iv) 100,757 shares held by the Bloch 2018 3-Year GRAT (the "Bloch GRAT"), (v) 85,602 shares held by the Khandros 2018 2-Year GRAT (the "Khandros 2-Year GRAT"), and (vi) 85,602 shares held by the Bloch 2018 2-Year GRAT (the "Bloch 2-Year GRAT", and together with the Khandros GRAT, Bloch GRAT, and Khandros 2-Year GRAT, the "GRATs"). As co-trustee of the Revocable Trust and the GRATs, Dr. Khandros may be deemed to beneficially own the shares held by the Revocable Trust and the GRATs. Dr. Khandros disclaims beneficial ownership of the shares held by the Revocable Trust and the GRATs except to the extent of his pecuniary interest therein.
F3 The stock option will fully vest on May 14, 2022.