Igor Bilinsky - 14 Jun 2022 Form 4 Insider Report for IOVANCE BIOTHERAPEUTICS, INC. (IOVA)

Signature
/s/ Igor Bilinsky
Issuer symbol
IOVA
Transactions as of
14 Jun 2022
Net transactions value
-$72,245
Form type
4
Filing time
16 Jun 2022, 17:03:30 UTC
Previous filing
19 Jan 2022
Next filing
05 Jan 2023

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction IOVA Common Stock Options Exercise $0 +18,850 $0.000000 18,850 14 Jun 2022 Direct F1
transaction IOVA Common Stock Tax liability $72,245 -9,346 -50% $7.73 9,504 14 Jun 2022 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 IOVA Restricted Stock Units Award $0 +18,850 $0.000000 18,850 14 Jun 2022 Common stock 18,850 Direct F4, F5, F6
* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id Content
F1 This is the first vesting of the restricted stock units issued on June 14, 2021.
F2 Represents shares withheld by the Issuer to satisfy the mandatory tax withholding requirements upon vesting of restricted stock units. This is not an open market sale of securities.
F3 Represents common stock remaining after deducting the common stock withheld for taxes.
F4 Represents restricted stock units remaining after deducting the vested shares of common stock and common stock withheld for taxes as set forth in Table I above.
F5 Each restricted stock unit represents a contingent right to receive one share of the Issuer's common stock.
F6 Provided the Reporting Person is still employed with the Issuer on December 31, 2022, the remaining restricted stock units shall vest and be settled on such date.