0001209191-24-001330.txt : 20240109
0001209191-24-001330.hdr.sgml : 20240109
20240109215215
ACCESSION NUMBER: 0001209191-24-001330
CONFORMED SUBMISSION TYPE: 4
PUBLIC DOCUMENT COUNT: 1
CONFORMED PERIOD OF REPORT: 20240105
FILED AS OF DATE: 20240109
DATE AS OF CHANGE: 20240109
REPORTING-OWNER:
OWNER DATA:
COMPANY CONFORMED NAME: Roelke Alison Marie
CENTRAL INDEX KEY: 0001790262
ORGANIZATION NAME:
FILING VALUES:
FORM TYPE: 4
SEC ACT: 1934 Act
SEC FILE NUMBER: 001-40090
FILM NUMBER: 24524778
MAIL ADDRESS:
STREET 1: 900 INNOVATORS WAY
CITY: SIMI VALLEY
STATE: CA
ZIP: 93065
ISSUER:
COMPANY DATA:
COMPANY CONFORMED NAME: SomaLogic, Inc.
CENTRAL INDEX KEY: 0001837412
STANDARD INDUSTRIAL CLASSIFICATION: SERVICES-COMMERCIAL PHYSICAL & BIOLOGICAL RESEARCH [8731]
ORGANIZATION NAME: 08 Industrial Applications and Services
IRS NUMBER: 854298912
STATE OF INCORPORATION: DE
FISCAL YEAR END: 1231
BUSINESS ADDRESS:
STREET 1: C/O SOMALOGIC, INC.
STREET 2: 2945 WILDERNESS PLACE
CITY: BOULDER
STATE: CO
ZIP: 80301
BUSINESS PHONE: (303) 625-9000
MAIL ADDRESS:
STREET 1: C/O SOMALOGIC, INC.
STREET 2: 2945 WILDERNESS PLACE
CITY: BOULDER
STATE: CO
ZIP: 80301
FORMER COMPANY:
FORMER CONFORMED NAME: CM Life Sciences II Inc.
DATE OF NAME CHANGE: 20201221
4
1
doc4.xml
FORM 4 SUBMISSION
X0508
4
2024-01-05
1
0001837412
SomaLogic, Inc.
SLGC
0001790262
Roelke Alison Marie
C/O SOMALOGIC, INC.
2945 WILDERNESS PLACE
BOULDER
CO
80301
0
1
0
0
Chief People Officer
0
Common Stock
2024-01-05
4
D
0
17143
D
0
D
Stock Option (Right to buy)
5.71
2024-01-05
4
D
0
210157
D
2032-06-06
Common Stock
210157
0
D
Stock Option (Right to buy)
2.30
2024-01-05
4
D
0
150000
D
2033-03-16
Common Stock
150000
0
D
Stock Option (Right to buy)
2.04
2024-01-05
4
D
0
27250
D
2033-08-15
Common Stock
27250
0
D
Restricted Stock Unit
2024-01-05
4
D
0
19005
D
Common Stock
19005
0
D
Restricted Stock Unit
2024-01-05
4
D
0
50250
D
Common Stock
50250
0
D
Restricted Stock Unit
2024-01-05
4
D
0
25000
D
Common Stock
25000
0
D
Restricted Stock Unit
2024-01-05
4
D
0
15900
D
Common Stock
15900
0
D
On October 4, 2023, SomaLogic, Inc., a Delaware corporation (the "Company") entered into the Agreement and Plan of Merger (the "Merger Agreement"), with Standard BioTools Inc., a Delaware corporation ("Parent"), and Martis Merger Sub, Inc., a Delaware corporation and a wholly owned Subsidiary of Parent (the "Merger Sub"). Pursuant to the Merger Agreement, on January 5, 2024, Merger Sub merged with and into the Company, with the Company surviving as a wholly-owned subsidiary of Parent (the "Merger").
(Continued from Footnote 1) At the effective time of the Merger (the "Effective Time"), each share of the Company's common stock, par value $0.0001 per share (the "Company Common Stock"), was converted into the right to receive 1.11 shares (the "Exchange Ratio") of the Parent's common stock, par value $0.001(the "Parent Common Stock") and cash in lieu of fractional shares of the Parent Common Stock.
The option vested as to 1/4th of the total grant on June 7, 2023, and thereafter 1/36th of the total grant vests monthly until such time as the option is 100% vested, subject to the continued service of the Reporting Person on each vesting date.
Pursuant to the Merger Agreement, each option to purchase Company Common Stock (a "Company Option"), whether vested or unvested, that was outstanding immediately prior to the Effective Time, was converted into an option to acquire the number of shares of Parent Common Stock equal to the product of (i) the number of shares subject to such Company Option as of immediately prior to the Effective Time, multiplied by (ii) the Exchange Ratio, rounded down to the nearest whole number of shares of the Parent Common Stock, at an exercise price per share equal to the quotient obtained by dividing the per share exercise price of the Company Option by the Exchange Ratio, rounded up to the nearest whole cent. Each such Company Option shall continue to have, and be subject to, the same terms and conditions applicable to such Company Option immediately prior to the Effective Time, including vesting terms and provisions.
The option vests as to 1/4th of the total grant on March 17, 2024, and thereafter 1/36th of the total grant vests monthly until such time as the option is 100% vested, subject to the continued service of the Reporting Person on each vesting date.
The option vests as to 1/4th of the total grant on August 16, 2024, and thereafter 1/36th of the total grant vests monthly until such time as the option is 100% vested, subject to the continued service of the Reporting Person on each vesting date.
Each Restricted Stock Unit ("RSU") represents a contingent right to receive one share of the Company Common Stock upon settlement for no consideration.
The RSUs vest as to 1/3rd of the total grant on each of September 13, 2023, September 13, 2024 and September 13, 2025, subject to the continued service of the Reporting Person on each vesting date.
Pursuant to the Merger Agreement, each RSU convertible into shares of Company Common Stock (a "Company RSU") that was outstanding immediately prior to the Effective Time, was converted into an RSU to acquire the number of shares of Parent Common Stock equal to the to the product of (i) the number of shares subject to such Company RSU as of immediately prior to the Effective Time, multiplied by (ii) the Exchange Ratio, with the resulting number of shares of Parent Common Stock rounded to the next nearest whole share. Except as noted above, each assumed Company RSU will continue to be governed by the same terms and conditions, including vesting terms and provision, as were applicable to such Company RSU immediately prior to the Effective Time.
The RSUs vest as to 1/4th of the total grant on each of November 9, 2023, November 9, 2024, November 9, 2025 and November 9, 2026, subject to the continued service of the Reporting Person on each vesting date.
The RSUs vest as to 1/4th of the total grant on each of March 17, 2024, March 17, 2025, March 17, 2026 and March 17, 2027, subject to the continued service of the Reporting Person on each vesting date.
The RSUs vest as to 1/4th of the total grant on each of August 16, 2024, August 16, 2025, August 16, 2026 and August 16, 2027, subject to the continued service of the Reporting Person on each vesting date.
/s/ Ruben Gutierrez, Attorney-in-Fact
2024-01-09