Igor Bilinsky - Apr 14, 2023 Form 4 Insider Report for IOVANCE BIOTHERAPEUTICS, INC. (IOVA)

Signature
/s/ Igor Bilinsky
Stock symbol
IOVA
Transactions as of
Apr 14, 2023
Transactions value $
-$7,868
Form type
4
Date filed
4/18/2023, 05:48 PM
Previous filing
Mar 6, 2023
Next filing
Jul 17, 2023

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction IOVA Common Stock Options Exercise $0 +2.81K +11.53% $0.00 27.2K Apr 14, 2023 Direct F1
transaction IOVA Common Stock Tax liability -$7.87K -1.4K -5.13% $5.64 25.8K Apr 14, 2023 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 Options Exercise $0 -2.81K -12.5% $0.00 19.7K Apr 14, 2023 Common stock 2.81K Direct F4, F5
* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id Content
F1 2,812 of the restricted stock units ("RSUs") issued to the Reporting Person on January 14, 2022 vested and settled on April 14, 2023.
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 Each restricted stock unit represents a contingent right to receive one share of the Issuer's common stock.
F5 The remaining RSUs will vest in seven equal quarterly installments.