R. Mark Adams - 07 Oct 2021 Form 4 Insider Report for Adaptive Biotechnologies Corp (ADPT)

Signature
/s/ R. Mark Adams by Eric Billings, attorney-in-fact
Issuer symbol
ADPT
Transactions as of
07 Oct 2021
Net transactions value
-$103,630
Form type
4
Filing time
08 Oct 2021, 19:00:40 UTC
Previous filing
08 Jul 2021
Next filing
10 Jan 2022

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction ADPT Common Stock Sale $42,990 -1,324 -2.4% $32.47* 53,655 07 Oct 2021 Direct F1
transaction ADPT Common Stock Sale $60,640 -1,801 -3.4% $33.67* 51,854 08 Oct 2021 Direct F2
* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id Content
F1 This transaction represents the number of shares required to be sold by the Reporting Person to cover tax withholding obligations in connection with the vesting of RSUs. This sale is mandated by the Issuer's election under its equity incentive plans to require the satisfaction of tax withholding obligations to be funded by a "sell to cover" transaction and does not represent a discretionary trade by the Reporting Person.
F2 The transaction reported in this Form 4 was effected pursuant to a Rule 10b5-1 trading plan adopted by the reporting person on May 13, 2021.