Cintia Piccina - 18 Mar 2024 Form 4 Insider Report for Adaptimmune Therapeutics PLC (ADAP)

Signature
/s/ Cintia Piccina
Issuer symbol
ADAP
Transactions as of
18 Mar 2024
Net transactions value
$0
Form type
4
Filing time
18 Mar 2024, 17:00:12 UTC
Previous filing
05 Jul 2023
Next filing
18 Jun 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 +5,088,864 $0.000000 5,088,864 18 Mar 2024 Ordinary Shares 5,088,864 $0.2500 Direct F1, F2
transaction ADAP Option to purchase Ordinary Shares Award $0 +1,130,832 $0.000000 1,130,832 18 Mar 2024 Ordinary Shares 1,130,832 $0.001300 Direct F3, F4, 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 GBP0.19 based on an exchange rate of $U.S. 1.273980 to GBP1.00. The actual exercise price will be the pounds sterling amount.
F2 Exercisable as to 1,679,325 Ordinary Shares on March 18, 2024 and will be exercisable as to the remainder in monthly installments of 94,704 Ordinary Shares on the last day of each month from April 18, 2024 through February 18, 2027 and 94,899 Ordinary Shares on March 18, 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. 1.273980 to GBP1.00. The actual exercise price will be the pounds sterling amount.
F4 Exercisable as to 376,944 Ordinary Shares on June 18, 2024 and will be exercisable as to the remainder in installments of 188,472 Ordinary Shares on January 15, 2025, January 15, 2026, January 15, 2027 and January 15, 2028.
F5 The expiration date of each annual installment of ordinary shares is March 15 of the calendar year following the year in which that installment becomes exercisable.