Helen Tayton Martin - Jan 12, 2022 Form 4 Insider Report for Adaptimmune Therapeutics PLC (ADAP)

Signature
/s/ Helen Tayton-Martin
Stock symbol
ADAP
Transactions as of
Jan 12, 2022
Transactions value $
$0
Form type
4
Date filed
1/13/2022, 08:03 PM
Previous filing
Nov 19, 2021
Next filing
Jan 17, 2023

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 ADAP Option to purchase Ordinary Shares Award $0 +1.41M $0.00 1.41M Jan 12, 2022 Ordinary Shares 1.41M $0.60 Direct F1, F2
transaction ADAP Option to purchase Ordinary Shares Award $0 +314K $0.00 314K Jan 12, 2022 Ordinary Shares 314K $0.00 Direct F3, F4
* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id Content
F1 The exercise price was converted from GBP0.44 based on an exchange rate of U.S. $1.362272 to GBP1.00. The actual exercise price will be the pounds sterling amount.
F2 Exercisable as to 351,768 Ordinary Shares on January 12, 2023 and will be exercisable as to the remainder in monthly installments of 29,310 Ordinary Shares on the twelfth of each month from February 12, 2023 through December 12, 2025 and 29,454 Ordinary Shares on January 12, 2026.
F3 The exercise price was converted from GBP0.001, being the nominal value of an ordinary share, based on an exchange rate of $U.S. 1.362272 to GBP1.00. The actual exercise price will be the pounds sterling amount.
F4 Exercisable as to 78,564 Ordinary Shares on January 12, 2023 and will be exercisable as to the remainder in annual installments of 78,564 Ordinary Shares on January 12, 2024 and January 12, 2025, and 78,564 Ordinary Shares on January 12, 2026.