Brent Pfeiffenberger - Dec 4, 2023 Form 4 Insider Report for Century Therapeutics, Inc. (IPSC)

Role: President and CEO, Director
Signature: /s/ Michael Diem, Attorney-in-Fact
Stock symbol: IPSC
Transactions as of: Dec 4, 2023
Transactions value $: $0
Form type: 4
Date filed: 12/6/2023, 04:07 PM
Next filing: Mar 11, 2024

Transactions Table

Type	Sym	Class	Transaction	Value $	Shares	Change %	* Price $	Shares After	Date	Ownership	Footnotes
transaction	IPSC	Common Stock	Award	$0	+1.17M		$0.00	1.17M	Dec 4, 2023	Direct	F1
transaction	IPSC	Common Stock	Award	$0	+280K	+23.81%	$0.00	1.45M	Dec 4, 2023	Direct	F2

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	IPSC	Stock Option (right to buy)	Award	$0	+574K		$0.00	574K	Dec 4, 2023	Common Stock	574K	$1.61	Direct	F3

* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id	Content
F1	Reflects a grant of restricted stock units ("RSUs"). Each RSU represents a contingent right to receive one share of Century Therapeutics, Inc.'s (the "Company's") common stock. The RSUs underlying this grant shall vest 25% on December 4, 2024, with the remaining 75% vesting in one-twelfth (1/12th) increments on each of the first trading days on or after each of February 15, May 15, August 15, and November 15, subject to the Reporting Person's continued service through each applicable vesting date. The RSUs will be settled on each applicable vesting date in shares of the Company's common stock.
F2	Reflects a grant of RSUs. The RSUs underlying this grant shall vest in full on December 4, 2024, subject to the Reporting Person's continued service through the applicable vesting date.
F3	The option vests 25% on December 4, 2024, with the remaining 75% vesting in 36 equal monthly installments thereafter, subject to the Reporting Person's continued service through each applicable vesting date.