Chen Schor - 24 Jan 2024 Form 4 Insider Report for Adicet Bio, Inc. (ACET)

Source evidence Original filing metadata and source links for verification. 5 source fields
SEC form
4
Accepted by SEC
26 Jan 2024, 19:06:45 UTC
Prior SEC filing
02 Oct 2023
Next SEC filing
30 May 2024
Source filing
View source filing
Reporting owner 1 detail
Reporting owner signature
/s/ Nick Harvey, Attorney-in-Fact

Key filing fact

Chen Schor filed Form 4 for Adicet Bio, Inc. (ACET) on 26 Jan 2024.

Key facts

  • This page summarizes Chen Schor's Form 4 filing for Adicet Bio, Inc. (ACET).
  • 3 reported transactions and 1 derivative row are listed below.
  • Accepted by SEC: 26 Jan 2024, 19:06.

Change

  • Previous filing in this sequence was filed on 02 Oct 2023.
  • Current net transaction value: -$36,696.

Research use

  • This tells you what this filing adds before you inspect full transaction and derivative tables.
  • You can trace every row back to the original SEC filing document.

Evidence

Filed on Form 4

Ownership activity is grounded in SEC Form 4 disclosures.

View source filing

Reported non-derivative transactions

Shares, units, or other non-derivative securities reported in this filing.

ACET transaction

Common Stock

Tax liability

Transaction value
$36,696
Shares
-15,290
Change %
-9.9%
Price
$2.40
Shares after
138,471
Date
24 Jan 2024
Ownership
Direct
Footnotes
F1
ACET transaction

Common Stock

Award

Transaction value
$0
Shares
+70,300
Change %
+51%
Price
$0.000000
Shares after
208,771
Date
24 Jan 2024
Ownership
Direct
Footnotes
F2
ACET holding

Common Stock

No transaction description listed

Transaction value
Shares
Change %
Price
Shares after
43,469
Date
24 Jan 2024
Ownership
See Footnote
Footnotes
F3
ACET holding

Common Stock

No transaction description listed

Transaction value
Shares
Change %
Price
Shares after
53,424
Date
24 Jan 2024
Ownership
See Footnote
Footnotes
F4

Reported derivative securities

Options, warrants, convertible securities, or similar derivative positions disclosed in the filing.

ACET transaction Derivative

Stock Option (Right to Buy)

Award

Transaction value
$0
Shares
+1,116,903
Change %
Price
$0.000000
Shares after
1,116,903
Date
24 Jan 2024
Ownership
Direct
Underlying class
Common Stock
Underlying amount
1,116,903
Exercise price
$2.40
Footnotes
F5
* marks a reported price that did not pass the local price check.

Additional SEC filing notes

Filing notes and footnotes

Explanation of responses 5 footnotes

Footnote F1

Represents shares withheld by the Issuer to satisfy tax withholding obligations in connection with the vesting of restricted stock units and does not represent a sale by the Reporting Person.

Footnote F2

The Reporting Person was issued RSUs. Each RSU represents a contingent right to receive one share of Common Stock. The RSUs shall vest in three (3) annual installments, with the first tranche vesting on January 24, 2025. The RSUs may be settled only by delivering shares of Common Stock, and thus, the grant is being reported in Table I as allowed per SEC guidance.

Footnote F3

Represents shares held directly by The I. Schor IRRV Trust, an irrevocable family trust having an independent trustee.

Footnote F4

Represents shares held directly by The C. Schor IRRV Trust, an irrevocable family trust having an independent trustee.

Footnote F5

1/48th of the shares shall vest on each of the next forty-eight (48) monthly anniversaries of the grant date, provided that the Reporting Person maintains a service relationship with the Issuer as of the applicable vesting dates.

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