Frederick G. Vogt - Jan 16, 2024 Form 4 Insider Report for IOVANCE BIOTHERAPEUTICS, INC. (IOVA)

Role
Interim CEO & General Counsel
Signature
/s/ Frederick G. Vogt
Stock symbol
IOVA
Transactions as of
Jan 16, 2024
Transactions value $
-$54,656
Form type
4
Date filed
1/18/2024, 06:09 PM
Previous filing
Oct 18, 2023
Next filing
Mar 5, 2024

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction IOVA Common Stock Options Exercise $0 +20.8K +24.56% $0.00 106K Jan 16, 2024 Direct F1
transaction IOVA Common Stock Tax liability -$54.7K -6.53K -6.18% $8.37 99.1K Jan 16, 2024 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 -20.8K -20% $0.00 83.3K Jan 16, 2024 Common stock 20.8K Direct F4, F5
* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id Content
F1 Represents such shares underlying the restricted stock units ("RSUs") which vested on the transaction date.
F2 Represents shares withheld by the Issuer to satisfy the mandatory tax withholding requirements upon vesting of the RSUs. This is not an open market sale of securities.
F3 Represents common stock remaining after deducting the common stock withheld for taxes.
F4 Each RSU represents a contingent right to receive one share of the Issuer's common stock.
F5 The remaining RSUs will vest in equal quarterly installments.