Shane Barton - Feb 26, 2021 Form 4 Insider Report for PRECISION BIOSCIENCES INC (DTIL)

Signature
/s/ Dario Scimeca, Attorney-in-Fact for Shane Barton
Stock symbol
DTIL
Transactions as of
Feb 26, 2021
Transactions value $
$15,163
Form type
4
Date filed
3/7/2022, 03:22 PM
Next filing
Jun 9, 2021

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction DTIL Common Stock Award $5.97K +1.29K $4.61 1.29K Feb 26, 2021 Direct
transaction DTIL Common Stock Award $6.45K +604 +46.68% $10.68 1.9K Aug 31, 2021 Direct
transaction DTIL Common Stock Award $2.75K +761 +40.09% $3.61 2.66K Feb 28, 2022 Direct

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) Award $0 +60.6K $0.00 60.6K Mar 3, 2022 Common Stock 60.6K $4.08 Direct F1
transaction DTIL Restricted Stock Units Award $0 +38.2K $0.00 38.2K Mar 3, 2022 Common Stock 38.2K Direct F2, F3
* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id Content
F1 The option vests as to 25% of the underlying shares on March 3, 2023 and thereafter in twelve substantially equal installments at the end of each three-month period over the 36 months following such date, subject to the Reporting Person's continued service to the Company through the applicable vesting dates.
F2 The Reporting Person was granted restricted stock units ("RSUs"), which each represent a contingent right to receive one share of the Company's Common Stock.
F3 The RSUs shall vest in three substantially equal annual installments on the anniversary of the grant date of such RSUs, subject to the Reporting Person's continued service to the Company through the applicable vesting dates.