John Alexander Kelly - 29 Feb 2024 Form 4 Insider Report for PRECISION BIOSCIENCES INC (DTIL)

Signature
/s/ Dario Scimeca, Attorney-in-fact for John Alexander Kelly
Issuer symbol
DTIL
Transactions as of
29 Feb 2024
Net transactions value
+$9,361
Form type
4
Filing time
03 May 2024, 18:34:29 UTC
Previous filing
23 Jan 2024
Next filing
22 Apr 2024

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction DTIL Common Stock Award $9,361 +506 +2.5% $18.50 20,978 29 Feb 2024 Direct F1
transaction DTIL Common Stock Options Exercise +1,702 +8.1% 22,680 01 May 2024 Direct F2, F3

Derivative Securities (e.g., puts, calls, warrants, options, convertible securities)

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Underlying Class Amount Exercise Price Ownership Footnotes
transaction DTIL Restricted Stock Units Options Exercise $0 -1,702 -50% $0.000000 1,702 01 May 2024 Common Stock 1,702 Direct F3, F4
* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id Content
F1 On February 13, 2024, the Issuer effected a 1-for-30 reverse stock split. The amounts of securities herein have been adjusted to reflect the reverse stock split.
F2 Represents the partial vesting of Restricted Stock Units ("RSUs") on March 3, 2024, and subsequent settlement of such vested RSUs on May 1, 2024.
F3 Each restricted stock unit represents a contingent right to receive one share of the Issuer's Common Stock.
F4 On March 3, 2022 the Reporting Person was granted RSUs, which vest in three substantially equal annual installments beginning on March 3, 2023, subject to the Reporting Person's continued service to the Issuer through the applicable vesting dates.