Stacy L. Taylor - 30 Jun 2021 Form 4 Insider Report for Adaptive Biotechnologies Corp (ADPT)

Signature
/s/ Stacy L. Taylor by Eric Billings as attorney-in-fact
Issuer symbol
ADPT
Transactions as of
30 Jun 2021
Net transactions value
-$109,951
Form type
4
Filing time
01 Jul 2021, 21:00:20 UTC
Previous filing
21 Jun 2021
Next filing
09 Sep 2021

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction ADPT Common Stock Options Exercise $8,128 +1,042 +6.9% $7.80 16,078 30 Jun 2021 Direct F1
transaction ADPT Common Stock Options Exercise $11,600 +1,771 +11% $6.55 17,849 30 Jun 2021 Direct F1
transaction ADPT Common Stock Options Exercise $42,935 +1,354 +7.6% $31.71* 19,203 30 Jun 2021 Direct F1
transaction ADPT Common Stock Sale $155,972 -3,772 -20% $41.35* 15,431 30 Jun 2021 Direct F1, F2
transaction ADPT Common Stock Sale $16,641 -395 -2.6% $42.13* 15,036 30 Jun 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 ADPT Stock Option (Right to Buy) Options Exercise $0 -1,042 -4.3% $0.000000 22,917 30 Jun 2021 Common Stock 1,042 $7.80 Direct F1, F3
transaction ADPT Stock Option (Right to Buy) Options Exercise $0 -1,771 -10% $0.000000 15,938 30 Jun 2021 Common Stock 1,771 $6.55 Direct F1, F4
transaction ADPT Stock Option (Right to Buy) Options Exercise $0 -1,354 -3% $0.000000 43,334 30 Jun 2021 Common Stock 1,354 $31.71 Direct F1, F5
* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id Content
F1 The transactions reported in this Form 4 were effected pursuant to a Rule 10b5-1 trading plan adopted by the reporting person on November 23, 2020.
F2 The price reported for this transaction is a weighted-average price. The shares were sold in multiple transactions ranging from $41.00 to 41.58, inclusive. The reporting person undertakes to provide to Adaptive Biotechnologies Corporation, any security holder of Adaptive Biotechnologies Corporation, or the staff of the Securities and Exchange Commission, upon request, full information regarding the number of shares sold at each separate price within the ranges set forth in any footnotes to this Form 4.
F3 The options vested with respect to 1/4 of such shares on April 23, 2020, with 1/48 of such shares vesting thereafter at the end of each full month of continuous service until fully vested.
F4 The options vested with respect to 1/4 of such shares on March 12, 2019, with 1/48 of such shares vesting thereafter at the end of each full month of continuous service until fully vested.
F5 The options vested with respect to 1/4 of such shares on February 13, 2021, with 1/48 of such shares vesting thereafter at the end of each full month of continuous service until fully vested.