4//SEC Filing
Parsadoust Ali 4
Accession 0001866390-23-000095
CIK 0001866390other
Filed
May 15, 8:00 PM ET
Accepted
May 16, 8:06 PM ET
Size
13.0 KB
Accession
0001866390-23-000095
Insider Transaction Report
Form 4
Parsadoust Ali
DirectorChief Executive Officer10% Owner
Transactions
- Tax Payment
Class A ordinary shares
2023-05-12$1.07/sh−52$56→ 403 total(indirect: By Spouse) - Exercise/Conversion
Class A ordinary shares
2023-05-12+113→ 455 total(indirect: By Spouse) - Exercise/Conversion
Restricted share units
2023-05-12−113→ 1,845 total(indirect: By Spouse)→ Class A ordinary shares (113 underlying)
Footnotes (3)
- [F1]The Class A ordinary shares reported were issued upon settlement of the restricted share units ("RSUs"), each representing a contingent right to receive one Class A ordinary share.
- [F2]Exempt transaction pursuant to Rule 16b-3(e): payment of tax liability by pre-planned automatic withholding by the Issuer of a portion of the shares received by the Reporting Person's spouse upon the vesting and issuance of shares in settlement of RSUs. All of the shares reported as disposed of on this line were relinquished by the Reporting Person's spouse and cancelled by the Issuer in exchange for the Issuer's agreement to pay the Reporting Person's spouse's federal and state tax withholding tax obligations resulting from the vesting and settlement of the RSUs.
- [F3]The RSUs were awarded under the Babylon Holdings Limited 2021 Equity Incentive Plan and are made up of three separate awards. The first award for 497 Class A ordinary shares vests on March 14, 2025. The second award for 1,360 Class A ordinary shares vests in equal quarterly installments beginning February 1, 2023. The third award for 231 Class A ordinary shares vests in equal quarterly installments beginning March 14, 2023. Vested RSUs will be settled in shares or cash as soon as administratively practicable after vesting, but in no event more than 60 days after the RSUs' vesting date.
Issuer
Babylon Holdings Ltd
CIK 0001866390
Entity typeother
Related Parties
1- filerCIK 0001889085
Filing Metadata
- Form type
- 4
- Filed
- May 15, 8:00 PM ET
- Accepted
- May 16, 8:06 PM ET
- Size
- 13.0 KB