KURT A. GUSTAFSON - 01 Apr 2024 Form 4 Insider Report for OmniAb, Inc. (OABI)

Role: Executive VP, Finance & CFO
Signature: By: /s/ Charles S. Berkman, Attorney-In-Fact For: Kurt A. Gustafson
Issuer symbol: OABI
Transactions as of: 01 Apr 2024
Transactions value $: -$64,696
Form type: 4
Filing time: 02 Apr 2024, 18:30:54 UTC
Previous filing: 07 Mar 2024
Next filing: 09 Apr 2024
SEC: View on sec.gov

Transactions Table

Type	Sym	Class	Transaction	Value $	Shares	Change %	* Price $	Shares After	Date	Ownership	Footnotes
transaction	OABI	Common Stock	Options Exercise		+23,254	+15%		181,959	01 Apr 2024	Direct	F1, F2
transaction	OABI	Common Stock	Sale	-$64,695	-11,849	-6.5%	$5.46	170,110	01 Apr 2024	Direct	F3

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	-23,254	-11%	$0	197,495	01 Apr 2024	Common Stock	23,254	$0	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 April 1, 2023, as per the terms of the November 2022 Business Combination.
F2	Each Restricted Stock Unit ("RSU") represents a contingent right to receive one share of the Issuer's Common Stock.
F3	Represents a mandatory sale of shares to satisfy tax withholding obligations, upon the vesting and settlement of restricted stock units.