Gavin Wood - Jan 17, 2023 Form 4 Insider Report for Adaptimmune Therapeutics PLC (ADAP)

Role
Chief Financial Officer
Signature
/s/ Gavin Wood
Stock symbol
ADAP
Transactions as of
Jan 17, 2023
Transactions value $
$0
Form type
4
Date filed
1/17/2023, 08:04 PM
Previous filing
May 23, 2022
Next filing
Jan 17, 2024

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 17, 2023 Ordinary Shares 1.41M $0.31 Direct F1, F2
transaction ADAP Option to purchase Ordinary Shares Award $0 +314K $0.00 314K Jan 17, 2023 Ordinary Shares 314K $0.00 Direct F3, F4
transaction ADAP Option to purchase Ordinary Shares Award $0 +194K $0.00 194K Jan 17, 2023 Ordinary Shares 194K $0.00 Direct F5
* 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 GBP0.26 based on an exchange rate of U.S.$ 1.219333 to GBP1.00. The actual exercise price will be the pounds sterling amount.
F2 Exercisable as to 351,768 Ordinary Shares on January 17, 2024 and will be exercisable as to the remainder in monthly installments of 29,310 Ordinary Shares on the seventeenth of each month from February 17, 2024 through December 17, 2026 and 29,454 Ordinary Shares on January 17, 2027.
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.$ 1.219333 to GBP1.00. The actual exercise price will be the pounds sterling amount.
F4 Exercisable as to 78,564 Ordinary Shares on January 17, 2024 and will be exercisable as to the remainder in annual installments of 78,564 Ordinary Shares on the seventeenth of each January from January 17, 2025 through January 17, 2027.
F5 The exercise price was converted from GBP0.001, being the nominal value of an ordinary share, based on an exchange rate of $U.S. 1.219333 to GBP1.00. The actual exercise price will be the pounds sterling amount.