JOHN L. HIGGINS - 23 Jun 2023 Form 4 Insider Report for OmniAb, Inc. (OABI)

Role: Director
Signature: By: /s/ Charles S. Berkman For: John L. Higgins
Issuer symbol: OABI
Transactions as of: 23 Jun 2023
Transactions value $: $281,549
Form type: 4
Filing time: 27 Jun 2023, 18:33:38 UTC
Previous filing: 25 May 2023
Next filing: 30 Oct 2023
SEC: View on sec.gov

Transactions Table

Type	Sym	Class	Transaction	Value $	Shares	Change %	* Price $	Shares After	Date	Ownership	Footnotes
transaction	OABI	Common Stock	Tax liability	$94.8K	+25.9K	+1.09%	$3.66	2.4M	28 Dec 2022	Direct	F1, F2
transaction	OABI	Common Stock	Tax liability	$187K	+57.8K	+2.53%	$3.23	2.34M	04 Jan 2023	Direct	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	OABI	Restricted Stock Units	Award	$0	+20K	+50.61%	$0.00	59.5K	23 Jun 2023	Common Stock	20K		Direct	F4
transaction	OABI	Stock Option (right to buy)	Award	$0	+40K		$0.00	40K	23 Jun 2023	Common Stock	40K	$4.81	Direct	F5
holding	OABI	Restricted Stock Units						39.5K	23 Jun 2023	Common Stock	39.5K		Direct	F2, F3

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

Explanation of Responses:

Id	Content
F1	Represents shares withheld to satisfy tax withholding obligations upon the vesting of previously reported restricted stock units ("RSUs").
F2	The Reporting Person previously reported certain awards of Restricted Stock Units (RSUs) in Table I of Form 4, but has elected to report the RSUs in Table II going forward. As a result, the total reported in Column 5 of Table I has been updated to subtract 39,517 RSUs outstanding on June 23, 2023.
F3	Represents RSUs previously reported in Table I. Each RSU represents a contingent right to receive one share of the Issuer's Common Stock. Vesting occurs in three equal annual installments, beginning January 30, 2024.
F4	Each Restricted Stock Unit (RSU) represents a contingent right to receive one share of the Issuer's Common Stock. The RSUs shall vest in full on the earlier of (A) the date of the next annual meeting of the Company's stockholders following the grant date and (B) the first anniversary of the date of grant.
F5	Each Stock Option shall vest and become exercisable in full on the earlier of (A) the date of the annual meeting of the Company's stockholders next following the grant date and (B) on the first anniversary of the date of grant.