Chad M. Cohen - Nov 9, 2021 Form 4 Insider Report for Adaptive Biotechnologies Corp (ADPT)

Role
Chief Financial Officer
Signature
/s/ Chad Cohen by Eric Billings, Attorney-in-Fact
Stock symbol
ADPT
Transactions as of
Nov 9, 2021
Transactions value $
-$277,100
Form type
4
Date filed
11/12/2021, 04:00 PM
Previous filing
Oct 7, 2021
Next filing
Dec 7, 2021

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction ADPT Common Stock Options Exercise $36.4K +5K +23.14% $7.27 26.6K Nov 9, 2021 Direct F1
transaction ADPT Common Stock Sale -$180K -5K -18.79% $36.03* 21.6K Nov 9, 2021 Direct F1, F2
transaction ADPT Common Stock Options Exercise $36.4K +5K +23.14% $7.27 26.6K Nov 10, 2021 Direct F1
transaction ADPT Common Stock Sale -$170K -5K -18.79% $33.93* 21.6K Nov 10, 2021 Direct F1, 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 ADPT Stock Option (Right to Buy) Options Exercise $0 -5K -5% $0.00 95K Nov 9, 2021 Common Stock 5K $7.27 Direct F1, F4
transaction ADPT Stock Option (Right to Buy) Options Exercise $0 -5K -5.26% $0.00 90K Nov 10, 2021 Common Stock 5K $7.27 Direct F1, F4
* 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 16, 2020.
F2 The price reported for this transaction is a weighted-average price. The shares were sold in multiple transactions ranging from $35.54 to 36.43, 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 price reported for this transaction is a weighted-average price. The shares were sold in multiple transactions ranging from $33.74 to 34.24, inclusive.
F4 The options vested with respect to 1/4 of such shares on January 1, 2020, with 1/48 of such shares vesting thereafter at the end of each full month of continuous service until fully vested.