0001104659-24-002654.txt : 20240109
0001104659-24-002654.hdr.sgml : 20240109
20240109180553
ACCESSION NUMBER: 0001104659-24-002654
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: Cox Troy
CENTRAL INDEX KEY: 0001696923
ORGANIZATION NAME:
FILING VALUES:
FORM TYPE: 4
SEC ACT: 1934 Act
SEC FILE NUMBER: 001-34180
FILM NUMBER: 24524384
MAIL ADDRESS:
STREET 1: C/O FOUNDATION MEDICINE, INC.
STREET 2: C/O FOUNDATION MEDICINE, INC., 150 SECON
CITY: CAMBRIDGE
STATE: MA
ZIP: 02141
FORMER NAME:
FORMER CONFORMED NAME: Cox Troy Cogswell
DATE OF NAME CHANGE: 20170201
ISSUER:
COMPANY DATA:
COMPANY CONFORMED NAME: STANDARD BIOTOOLS INC.
CENTRAL INDEX KEY: 0001162194
STANDARD INDUSTRIAL CLASSIFICATION: LABORATORY ANALYTICAL INSTRUMENTS [3826]
ORGANIZATION NAME: 08 Industrial Applications and Services
IRS NUMBER: 770513190
STATE OF INCORPORATION: DE
FISCAL YEAR END: 1231
BUSINESS ADDRESS:
STREET 1: 2 TOWER PLACE
STREET 2: SUITE 2000
CITY: SOUTH SAN FRANCISCO
STATE: CA
ZIP: 94080
BUSINESS PHONE: 6502666000
MAIL ADDRESS:
STREET 1: 2 TOWER PLACE
STREET 2: SUITE 2000
CITY: SOUTH SAN FRANCISCO
STATE: CA
ZIP: 94080
FORMER COMPANY:
FORMER CONFORMED NAME: FLUIDIGM CORP
DATE OF NAME CHANGE: 20011113
4
1
tm242400-6_4seq1.xml
OWNERSHIP DOCUMENT
X0508
4
2024-01-05
0
0001162194
STANDARD BIOTOOLS INC.
LAB
0001696923
Cox Troy
C/O STANDARD BIOTOOLS INC.
2 TOWER PLACE, STE 2000
SOUTH SAN FRANCISCO
CA
94080
1
0
0
0
0
Common Stock
2024-01-05
4
A
0
87057
A
87057
D
Common Stock
2024-01-05
4
A
0
79412
0
A
166469
D
Common Stock
2024-01-05
4
A
0
31635
A
198104
D
Stock Option (Right to buy)
10.68
2024-01-05
4
A
0
51842
A
2031-10-26
Common Stock
51842
51842
D
Stock Option (Right to buy)
8.18
2024-01-05
4
A
0
22866
A
2032-02-29
Common Stock
22866
22866
D
Stock Option (Right to buy)
2.60
2024-01-05
4
A
0
982811
A
2032-10-16
Common Stock
928811
982811
D
Stock Option (Right to buy)
2.08
2024-01-05
4
A
0
190365
A
2033-03-16
Common Stock
190365
190365
D
Warrant to purchase Common Stock (Right to buy)
11.50
2024-01-05
4
A
0
184999
A
2021-10-01
2026-09-01
Common Stock
184999
184999
D
Received in exchange for 78,430 shares of common stock of SomaLogic, Inc. ("SomaLogic") pursuant to the Agreement and Plan of Merger (the "Merger Agreement"), dated October 4, 2023, by and among Standard BioTools Inc. (the "Company"), Martis Merger Sub, Inc. and SomaLogic (the "Merger"). Per the terms of the Merger, each share of SomaLogic common stock was converted into the right to receive 1.11 shares of the Company's common stock (the "Exchange Ratio") at the effective time of the Merger (the "Effective Time").
Represents Restricted Stock Units ("RSUs") that vest in four equal annual installments beginning January 5, 2025, subject to the Reporting Person's continued service through the applicable vesting date. Each RSU represents the right to receive one share of common stock upon vesting.
Represents RSUs that vest in four equal annual installments beginning March 17, 2024, subject to the Reporting Person's continued service through the applicable vesting date. Each RSU represents the right to receive one share of common stock upon vesting.
Pursuant to the Merger Agreement, each RSU convertible into shares of SomaLogic common stock (a "SomaLogic RSU") that was outstanding immediately prior to the Effective Time, was converted into an RSU to acquire the number of shares of common stock of the Company equal to the to the product of (i) the number of shares subject to such SomaLogic RSU as of immediately prior to the Effective Time, multiplied by (ii) the Exchange Ratio, with the resulting number of shares of Company common stock rounded to the next nearest whole share. Except as noted above, each assumed SomaLogic RSU will continue to be governed by the same terms and conditions, including vesting terms and provision, as were applicable to such SomaLogic RSU immediately prior to the Effective Time.
25% of the shares underlying the option vested on October 27, 2022, with the remaining shares vesting in equal monthly installments thereafter starting on the 1st of the following month until fully vested, subject to the Reporting Person's continued service through the applicable vesting date.
Pursuant to the Merger Agreement, each option to purchase SomaLogic common stock (a "SomaLogic 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 common stock of the Company equal to the product of (i) the number of shares subject to such SomaLogic 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 Company's common stock, at an exercise price per share equal to the quotient obtained by dividing the per share exercise price of the SomaLogic Option by the Exchange Ratio, rounded up to the nearest whole cent. Except as noted above, each assumed SomaLogic Option will continue to be governed by the same terms and conditions, including vesting terms and provision, as were applicable to such SomaLogic Option immediately prior to the Effective Time.
This option is fully vested and currently exercisable.
One third of the shares underlying the option vested on October 17, 2023, with the remaining shares vesting in equal monthly installments thereafter starting on the 1st of the following month until fully vested, subject to the Reporting Person's continued service through the applicable vesting date.
25% of the shares underlying the option vest on March 17, 2024, with the remaining shares vesting in equal monthly installments thereafter starting on the 1st of following full month until fully vested, subject to the Reporting Person's continued service through the applicable vesting date.
Pursuant to the Merger Agreement, each warrant to purchase SomaLogic common stock was treated in accordance with its terms on and after the Effective Time and each warrant will convert into the right to receive, upon exercise of such warrant, the number of shares of common stock of the Company equal to multiplying the number of shares of common stock of SomaLogic subject to such warrant by the Exchange Ratio.
/s/ Agnieszka Gallagher, Attorney-in-Fact
2024-01-09