Form 4: Precigen Director Nancy Agee Acquires Shares and Stock Options

Director Nancy Agee received shares and stock options from Precigen, Inc. on July 5, 2024.

Summary

• On July 5, 2024, Nancy H. Agee, a director of Precigen, Inc., acquired 17,605 shares of common stock at a price of $1.42 per share in lieu of a pro-rated annual retainer of $24,999.
• Agee also acquired 126,760 restricted stock units (RSUs), which vest in full on July 5, 2025, and represent a contingent right to receive one share of Precigen common stock each.
• Additionally, Agee acquired options to purchase 147,540 shares of common stock at an exercise price of $1.42, vesting in four equal installments annually starting July 5, 2025.

Sentiment

Score: 6

Explanation: The sentiment is neutral as it reflects routine compensation and equity grants to a director. It doesn't inherently indicate positive or negative performance.

Positives

• The acquisition of shares and options by a director could be seen as a positive signal, indicating confidence in the company's future prospects.

Future Outlook

The RSUs vest in full on July 5, 2025, and the options vest in four equal installments of 25% on each of July 5, 2025, July 5, 2026, July 5, 2027 and July 5, 2028.

Industry Context

This filing is a routine disclosure of insider transactions, which are common in publicly traded companies. It provides transparency into the compensation and equity ownership of company directors.

Stakeholder Impact

• The transaction could have a minor positive impact on shareholder sentiment if viewed as a sign of director confidence in the company.

Key Dates