Chen Schor - 14 Feb 2022 Form 4 Insider Report for Adicet Bio, Inc. (ACET)

Source evidence Original filing metadata and source links for verification. 5 source fields
SEC form
4
Accepted by SEC
16 Feb 2022, 20:31:54 UTC
Prior SEC filing
01 Feb 2022
Next SEC filing
20 May 2022
Source filing
View source filing
Reporting owner 1 detail
Reporting owner signature
/s/ Nick Harvey, Attorney-in-Fact

Key filing fact

Chen Schor filed Form 4 for Adicet Bio, Inc. (ACET) on 16 Feb 2022.

Key facts

  • This page summarizes Chen Schor's Form 4 filing for Adicet Bio, Inc. (ACET).
  • 2 reported transactions and 0 derivative rows are listed below.
  • Accepted by SEC: 16 Feb 2022, 20:31.

Change

  • Previous filing in this sequence was filed on 01 Feb 2022.
  • Current net transaction value: -$303,780.

Research use

  • This tells you what this filing adds before you inspect full transaction and derivative tables.
  • You can trace every row back to the original SEC filing document.

Evidence

Filed on Form 4

Ownership activity is grounded in SEC Form 4 disclosures.

View source filing

Reported non-derivative transactions

Shares, units, or other non-derivative securities reported in this filing.

ACET transaction

Common Stock

Award

Transaction value
$0
Shares
+48,000
Change %
+39%
Price
$0.000000
Shares after
170,712
Date
14 Feb 2022
Ownership
Direct
Footnotes
F1
ACET transaction

Common Stock

Tax liability

Transaction value
$303,780
Shares
-21,288
Change %
-12%
Price
$14.27
Shares after
149,424
Date
14 Feb 2022
Ownership
Direct
* marks a reported price that did not pass the local price check.

Additional SEC filing notes

Filing notes and footnotes

Explanation of responses 1 footnote

Footnote F1

The Reporting Person was issued 240,000 Restricted Stock Units ("RSUs") on October 1, 2021, as previously reported on a Form 4 filed by the Reporting Person on October 5, 2021. Each RSU represents a contingent right to receive one share of common stock. A total of 96,000 of the RSUs shall vest in two (2) annual installments of 20% of the shares vesting, with the first tranche vesting on October 1, 2022 and the second tranche vesting on October 1, 2023. A total of 144,000 of the RSUs shall vest upon achievements of specific milestones outlined in the Reporting Persons Restricted Stock Unit Agreement. On February 14, 2022, upon the occurrence of the second performance milestone, 48,000 of the RSUs vested. The RSUs may be settled only by delivering shares of common stock, and thus, the grant is being reported in Table I as allowed per SEC guidance.

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