Eric Hobbs - Mar 4, 2021 Form 4 Insider Report for Berkeley Lights, Inc. (BLI)

Role: Chief Executive Officer, Director
Signature: /s/ Stuart L. Merkadeau, Attorney-in-fact for Eric Hobbs
Stock symbol: BLI
Transactions as of: Mar 4, 2021
Transactions value $: -$638,383
Form type: 4
Date filed: 5/24/2021, 09:24 PM
Next filing: Jun 23, 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	+14.3K	+7.68%	$0.00	200K	Mar 4, 2021	Direct	F1
transaction	BLI	Common Stock	Options Exercise	$32.6K	+15.5K	+7.73%	$2.10^*	216K	May 20, 2021	Direct
transaction	BLI	Common Stock	Sale	-$29.4K	-733	-0.34%	$40.15^*	215K	May 20, 2021	Direct	F2, F3
transaction	BLI	Common Stock	Sale	-$141K	-3.38K	-1.57%	$41.59^*	212K	May 20, 2021	Direct	F2, F4
transaction	BLI	Common Stock	Sale	-$469K	-11.1K	-5.23%	$42.34^*	201K	May 20, 2021	Direct	F2, F5
transaction	BLI	Common Stock	Sale	-$12.9K	-300	-0.15%	$42.89^*	200K	May 20, 2021	Direct	F2, F6
transaction	BLI	Common Stock	Tax liability	-$18.7K	-443	-0.22%	$42.14^*	200K	May 20, 2021	Direct

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)	Options Exercise	$0	-15.5K	-6.34%	$0.00	229K	May 20, 2021	Common Stock	15.5K	$2.10	Direct	F7

* 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 which will vest quarterly for four years until fully vested on February 25, 2025.
F2	The sales reported in this Form 4 were effected pursuant to a Rule 10b5-1 trading plan.
F3	The price reported in Column 4 is a weighted-average price. These shares were sold in multiple transactions at prices ranging from $39.75 to $40.73. The reporting person undertakes to provide Berkeley Lights, Inc. (the "Company"), any security holder of the Company, 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.
F4	The price reported in Column 4 is a weighted-average price. These shares were sold in multiple transactions at prices ranging from $40.82 to $41.81. The reporting person undertakes to provide the Company, any security holder of the Company, 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.
F5	The price reported in Column 4 is a weighted-average price. These shares were sold in multiple transactions at prices ranging from $41.84 to $42.81. The reporting person undertakes to provide the Company, any security holder of the Company, 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.
F6	The price reported in Column 4 is a weighted-average price. These shares were sold in multiple transactions at prices ranging from $42.85 to $42.96. The reporting person undertakes to provide the Company, any security holder of the Company, 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.
F7	The stock option is partially vested and will vest with respect to the remaining shares in equal monthly installments of 10,416 shares until fully vested on November 2, 2021.