KURT A. GUSTAFSON - 07 Dec 2024 Form 4 Insider Report for OmniAb, Inc. (OABI)

Signature
By: /s/ Charles S. Berkman, Attorney-in-Fact For: Kurt A. Gustafson
Issuer symbol
OABI
Transactions as of
07 Dec 2024
Net transactions value
-$98,587
Form type
4
Filing time
10 Dec 2024, 16:41:52 UTC
Previous filing
01 Oct 2024
Next filing
22 Jan 2025

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction OABI Common Stock Options Exercise +46,501 +26% 224,532 07 Dec 2024 Direct F1, F2, F3
transaction OABI Common Stock Sale $98,587 -23,871 -11% $4.13 200,661 09 Dec 2024 Direct F4, F5

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 Options Exercise $0 -46,501 -25% $0.000000 137,453 07 Dec 2024 Common Stock 46,501 $0.000000 Direct F1, F2
* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id Content
F1 Represents the vesting of an RSU grant which occurs in three substantially equal annual installments beginning on December 7, 2023.
F2 Each Restricted Stock Unit ("RSU") represents a contingent right to receive one share of the Issuer's Common Stock.
F3 The total includes 7,236 shares acquired on May 31, 2024 and 4,390 shares acquired on November 29, 2024, through the Issuer's Employee Stock Purchase Plan (ESPP). The total also includes the transfer of 10,292 OABI common stock shares on April 9, 2024 to the reporting person's ex-spouse per a domestic relations order.
F4 Represents a mandatory sale of shares to satisfy tax withholding obligations, upon the vesting and settlement of restricted stock units.
F5 The price reported in Column 4 is a weighted average price. These shares were sold in multiple transactions at prices ranging from $4.04 to $4.16. The reporting person undertakes to provide the Issuer, any security holder of the Issuer, 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.