CODEXIS, INC. — Director's Dealing 2019

Jan 28, 2019

SEC Form 4 — Statement of Changes in Beneficial Ownership

Issuer: CODEXIS INC (CDXS)
CIK: 0001200375
Period of Report: 2019-01-24

Reporting Person: SANGSTER GORDON (SVP & Chief Financial Officer)

Non-Derivative Transactions

Date	Security	Code	Shares	Price	A/D	Holdings After	Ownership
2019-01-24	Common Stock	M	35000	$3.39	Acquired	169453	Direct
2019-01-24	Common Stock	S	35000	$16.7412	Disposed	134453	Direct
2019-01-25	Common Stock	M	40000	$3.39	Acquired	174453	Direct
2019-01-25	Common Stock	S	40000	$17.1059	Disposed	134453	Direct

Derivative Transactions

Date	Security	Exercise Price	Code	Shares	A/D	Expiration	Underlying	Ownership
2019-01-24	Stock Option (Right to Buy)	$3.39	M	35000	Acquired	2025-02-10	Common Stock (35000)	Direct
2019-01-25	Stock Option (Right to Buy)	$3.39	M	40000	Acquired	2025-02-10	Common Stock (40000)	Direct

Footnotes

F1: Transaction made pursuant to a 10b5-1 trading plan adopted by the Reporting Person on August 28, 2018.

F2: This transaction was executed in multiple trades in prices ranging from $16.46 to $16.88, inclusive. The price report in Column 4 above reflects the weighted average sale price. The Reporting Person hereby undertakes to provide to the Securities and Exchange Commission staff, the Issuer, or a security holder of the Issuer, upon request, full information regarding the number of shares sold at each respective price within the range set forth in this footnote.

F3: This transaction was executed in multiple trades in prices ranging from $16.81 to $17.24, inclusive. The price report in Column 4 above reflects the weighted average sale price. The Reporting Person hereby undertakes to provide to the Securities and Exchange Commission staff, the Issuer, or a security holder of the Issuer, upon request, full information regarding the number of shares sold at each respective price within the range set forth in this footnote.

F4: Option vests with respect to 25% of the shares subject on February 11, 2016, with 1/48th of the shares vesting monthly thereafter, such that the option will be fully vested and exercisable on February 11, 2019.