Derek Jantz - May 12, 2021 Form 4 Insider Report for PRECISION BIOSCIENCES INC (DTIL)

Signature
/s/ Derek Jantz
Stock symbol
DTIL
Transactions as of
May 12, 2021
Transactions value $
-$171,162
Form type
4
Date filed
5/14/2021, 04:47 PM
Next filing
May 18, 2021

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction DTIL Common Stock Options Exercise $861 +21.5K +0.54% $0.04* 4.04M May 12, 2021 Direct
transaction DTIL Common Stock Sale -$84.4K -9.68K -0.24% $8.72 4.03M May 12, 2021 Direct F1
transaction DTIL Common Stock Options Exercise $861 +21.5K +0.53% $0.04* 4.05M May 13, 2021 Direct
transaction DTIL Common Stock Sale -$88.5K -9.67K -0.24% $9.15 4.04M May 13, 2021 Direct F1

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 DTIL Employee Stock Option (Right to Buy) Options Exercise $0 -21.5K -33.33% $0.00 43K May 12, 2021 Common Stock 21.5K $0.04 Direct F2
transaction DTIL Employee Stock Option (Right to Buy) Options Exercise $0 -21.5K -50% $0.00 21.5K May 13, 2021 Common Stock 21.5K $0.04 Direct F2
* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id Content
F1 All sales were effected pursuant to a Rule 10b5-1 plan. The transaction was a sell-to-cover exercise, with shares sold to cover the option exercise price and taxes, and the reporting person retaining all remaining shares.
F2 The option is fully vested and exercisable.