Sec Form 4 Filing - Sanghavi Darshak @ Babylon Holdings Ltd - 2023-03-13

Insider filing report for Changes in Beneficial Ownership
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FORM 4
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
Sanghavi Darshak
2. Issuer Name and Ticker or Trading Symbol
Babylon Holdings Ltd [ BBLN]
5. Relationship of Reporting Person(s) to Issuer
(Check all applicable)
_____ Director _____ 10% Owner
X __ Officer (give title below) _____ Other (specify below)
Chief Medical Officer
(Last) (First) (Middle)
2500 BEE CAVE ROAD, BLDG. 1, SUITE 400
3. Date of Earliest Transaction (MM/DD/YY)
03/13/2023
(Street)
AUSTIN, TX78746
4. If Amendment, Date Original Filed (MM/DD/YY)
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
Class A ordinary shares 03/13/2023 M 628 A 53,662 D
Class A ordinary shares 03/13/2023 F 3,465 ( 2 ) D $ 8.46 50,197 D
Class A ordinary shares 03/13/2023 F 218 ( 2 ) D $ 8.46 49,979 D
Class A ordinary shares 03/13/2023 S 2,640 ( 3 ) D $ 8.5 ( 4 ) 47,339 D
Class A ordinary shares 03/14/2023 S 3,743 ( 3 ) D $ 7.66 ( 5 ) 43,596 D
Class A ordinary shares 03/15/2023 S 3,202 ( 3 ) D $ 7.21 ( 6 ) 40,394 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
Restricted share units ( 1 ) 03/13/2023 M 628 ( 7 ) ( 7 ) Class A ordinary shares 628 $ 0 5,659 D
Reporting Owners
Reporting Owner Name / Address Relationships
Director 10% Owner Officer Other
Sanghavi Darshak
2500 BEE CAVE ROAD
BLDG. 1, SUITE 400
AUSTIN, TX78746
Chief Medical Officer
Signatures
/s/ Darshak Sanghavi 03/16/2023
Signature of Reporting Person Date
Explanation of Responses:
( 1 )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.
( 2 )Exempt transaction pursuant to Rule 16b-3(e) payment of tax liability by delivering or withholding securities incident to the receipt, exercise or vesting of a security issued. All of the shares reported as disposed of on this line were relinquished by the Reporting person and cancelled by the Issuer in exchange for the Issuer's agreement to pay federal and state tax withholding obligations of the Reporting person resulting from the vesting of the RSUs.
( 3 )The Class A ordinary shares were awarded under the Babylon Holdings Limited 2021 Equity Incentive Plan. The disposition of the Class A ordinary shares is made pursuant to a discretionary transaction that is exempt from Section 16(b) pursuant to Rule 16b-3(d)(3).
( 4 )The price reported in Column 4 is a weighted average price. The shares were sold in multiple transactions at prices ranging from $8.41 to $8.58. Full information regarding the number of shares sold at each separate price can be provided to the Issuer, any security holder of the Issuer or the SEC staff upon request.
( 5 )The price reported in Column 4 is a weighted average price. The shares were sold in multiple transactions at prices ranging from $7.55 to $7.96. Full information regarding the number of shares sold at each separate price can be provided to the Issuer, any security holder of the Issuer or the SEC staff upon request.
( 6 )The price reported in Column 4 is a weighted average price. The shares were sold in multiple transactions at prices ranging from $7.00 to $7.39. Full information regarding the number of shares sold at each separate price can be provided to the Issuer, any security holder of the Issuer or the SEC staff upon request.
( 7 )The RSUs were awarded under the Babylon Holdings Limited 2021 Equity Incentive Plan and vest in equal quarterly installments beginning February 10, 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.

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