Stephen G. Dilly - Feb 8, 2023 Form 4 Insider Report for CODEXIS, INC. (CDXS)

Role: President and Chief Executive Officer, Director
Signature: /s/ Sriram Ryali, Attorney-in-Fact for Stephen G. Dilly
Stock symbol: CDXS
Transactions as of: Feb 8, 2023
Transactions value $: -$252,212
Form type: 4
Date filed: 3/9/2023, 08:15 PM
Previous filing: Aug 3, 2022
Next filing: Feb 21, 2023
SEC: View on sec.gov

Transactions Table

Type	Sym	Class	Transaction	Value $	Shares	Change %	* Price $	Shares After	Date	Ownership	Footnotes
transaction	CDXS	Common Stock	Award	$0	+289K	+197.3%	$0.00	435K	Feb 8, 2023	Direct	F1
transaction	CDXS	Common Stock	Sale	-$129K	-28.1K	-6.45%	$4.60	407K	Mar 7, 2023	Direct	F2, F3
transaction	CDXS	Common Stock	Sale	-$123K	-27K	-6.62%	$4.56	380K	Mar 8, 2023	Direct	F2, F3

Showing 1 to 3 of 3 entries

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

Explanation of Responses:

Id	Content
F1	Represents restricted stock awards ("PSUs") initially granted on November 8, 2022 that were subject a performance-based vesting condition. The vesting condition was determined to be 85% satisfied on February 8, 2023. The PSUs will vest fully on March 5, 2024, subject to the Reporting Person's continued service to the Issuer on such vesting date.
F2	The shares were sold solely to satisfy tax or other government withholding obligations in connection with the vesting of shares subject to a PSUs of the Issuer.
F3	Reflects the weighted average of all shares sold to cover taxes upon vesting of PSUs on March 8, 2023 for certain employees of the Issuer.

Remarks:

President and Chief Executive Officer