Sec Form 3/A Filing - Silvestry Damon @ PROGENITY, INC. - 2020-06-18

Insider filing report for Changes in Beneficial Ownership
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FORM 3/A
Check this box if no longer subject to Section 16. Form 4 or Form 5 obligations may continue. See Instruction 1(b).
UNITED STATES SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549
STATEMENT OF CHANGES IN BENEFICIAL OWNERSHIP
Filed pursuant to Section 16(a) of the Securities Exchange Act of 1934, Section 17(a) of the Public Utility Holding Company Act of 1935 or Section 30(h) of the Investment Company Act of 1940
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1. Name and Address of Reporting Person
Silvestry Damon
2. Issuer Name and Ticker or Trading Symbol
PROGENITY, INC. [ PROG]
5. Relationship of Reporting Person(s) to Issuer
(Check all applicable)
_____ Director _____ 10% Owner
X __ Officer (give title below) _____ Other (specify below)
Chief Operating Officer
(Last) (First) (Middle)
C/O PROGENITY, INC., 4330 LA JOLLA VILLAGE DRIVE, SUITE 200
3. Date of Earliest Transaction (MM/DD/YY)
06/18/2020
(Street)
SAN DIEGO, CA92122
4. If Amendment, Date Original Filed (MM/DD/YY)
06/18/2020
6. Individual or Joint/Group Filing (Check Applicable Line)
__ X __ Form filed by One Reporting Person
_____ Form filed by More than One Reporting Person
(City) (State) (Zip)
Table I - Non-Derivative Securities Acquired, Disposed of, or Beneficially Owned
1.Title of Security
(Instr. 3)
2. Transaction Date (MM/DD/YY) 2A. Deemed Execution Date, if any (MM/DD/YY) 3. Transaction Code
(Instr. 8)
4. Securities Acquired (A) or Disposed of (D)
(Instr. 3, 4 and 5)
5. Amount of Securities Beneficially Owned Following Reported Transaction(s)
(Instr. 3 and 4)
6. Ownership Form: Direct (D) or Indirect (I)
(Instr. 4)
7. Nature of Indirect Beneficial Ownership
(Instr. 4)
Code V Amount (A) or (D) Price
Common Stock 24,279 ( 1 ) ( 3 ) D
Table II - Derivative Securities Acquired, Disposed of, or Beneficially Owned
( e.g. , puts, calls, warrants, options, convertible securities)
1. Title of Derivative Security
(Instr. 3)
2. Conversion or Exercise Price of Derivative Security 3. Transaction Date (MM/DD/YY) 3A. Deemed Execution Date, if any (MM/DD/YY) 4. Transaction Code
(Instr. 8)
5. Number of Derivative Securities Acquired (A) or Disposed of (D)
(Instr. 3, 4, and 5)
6. Date Exercisable and Expiration Date
(MM/DD/YY)
7. Title and Amount of Underlying Securities
(Instr. 3 and 4)
8. Price of Derivative Security
(Instr. 5)
9. Number of Derivative Securities Beneficially Owned Following Reported Transaction(s)
(Instr. 4)
10. Ownership Form of Derivative Security: Direct (D) or Indirect (I)
(Instr. 4)
11. Nature of Indirect Beneficial Ownership
(Instr. 4)
Code V (A) (D) Date Exercisable Expiration Date Title Amount or Number of Shares
Option (Right to Buy) $ 11.37 ( 2 )( 3 ) 05/15/2030 Common Stock 48,558 D
Reporting Owners
Reporting Owner Name / Address Relationships
Director 10% Owner Officer Other
Silvestry Damon
C/O PROGENITY, INC.
4330 LA JOLLA VILLAGE DRIVE, SUITE 200
SAN DIEGO, CA92122
Chief Operating Officer
Signatures
/s/ Regan Lauer, Attorney-in-fact for Damon Silvestry 08/24/2020
Signature of Reporting Person Date
Explanation of Responses:
( 1 )Consists of 24,279 restricted stock units ("RSUs"), one quarter of which will vest on August 15, 2021, with the remaining three quarters vesting in semi-annual installments beginning on February 15, 2022 and ending on August 15, 2024, subject to the Reporting Person's continued service to the Issuer.
( 2 )This option represents the right to purchase a total of 48,558 shares of the Issuer's common stock, one quarter of which will vest on June 15, 2021, with the remaining shares vesting in equal monthly installments through June 15, 2024, subject to the Reporting Person's continued service to the Issuer.
( 3 )This amendment is being filed to correct the vesting schedule for the RSUs reported in Table I and the number of shares underlying the derivative security for the option reported in Table II.

Reminder: Report on a separate line for each class of securities beneficially owned directly or indirectly.
* If the form is filed by more than one reporting person, see Instruction 4(b)(v).
** Intentional misstatements or omissions of facts constitute Federal Criminal Violations. See 18 U.S.C. 1001 and 15 U.S.C. 78ff(a).

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