Tycho Peterson - 02 Jun 2023 Form 4 Insider Report for Adaptive Biotechnologies Corp (ADPT)

Signature
/s/ Tycho Peterson by Stacy L Taylor, Attorney-in-Fact
Issuer symbol
ADPT
Transactions as of
02 Jun 2023
Net transactions value
-$272,080
Form type
4
Filing time
06 Jun 2023, 16:23:27 UTC
Previous filing
14 Jun 2023
Next filing
14 Jun 2023

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction ADPT Common Stock Sale $272,080 -38,000 -7.7% $7.16 454,891 02 Jun 2023 Direct F1
* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id Content
F1 This transaction represents the number of shares required to be sold by the Reporting Person to cover tax withholding obligations in connection with the vesting of RSUs. This sale is mandated by the Issuer's election under its equity incentive plans to require the satisfaction of tax withholding obligations to be funded by a "sell to cover" transaction and does not represent a discretionary trade by the Reporting Person.