John Alexander Kelly - 07 Jun 2022 Form 4 Insider Report for PRECISION BIOSCIENCES INC (DTIL)

Role: Chief Financial Officer
Signature: /s/ John Alexander Kelly
Issuer symbol: DTIL
Transactions as of: 07 Jun 2022
Net transactions value: $0
Form type: 4
Filing time: 09 Jun 2022, 16:30:54 UTC
Previous filing: 21 Mar 2022
Next filing: 24 Jun 2022
SEC: View on sec.gov

Transactions Table

Type	Sym	Class	Transaction	Value $	Shares	Change %	* Price $	Shares After	Date	Ownership	Footnotes
transaction	DTIL	Common Stock	Options Exercise		+34,090	+94%		70,279	07 Jun 2022	Direct	F1, F2
transaction	DTIL	Common Stock	Options Exercise		+13,638	+19%		83,917	07 Jun 2022	Direct	F1, F2

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	Restricted Stock Units	Options Exercise	$0	-34,090	-50%	$0.000000	34,091	07 Jun 2022	Common Stock	34,090		Direct	F2, F3
transaction	DTIL	Restricted Stock Units	Options Exercise	$0	-13,638	-33%	$0.000000	27,270	07 Jun 2022	Common Stock	13,638		Direct	F2, F4

* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id	Content
F1	Represents the partial vesting and settlement of Restricted Stock Units ("RSUs") on June 7, 2022.
F2	Each RSU represents a contingent right to receive one share of the Company's Common Stock.
F3	On June 7, 2021 the Reporting person was granted RSUs, which vest in two substantially equal annual installments beginning on June 7, 2022, subject to the Reporting Person's continued service to the Company through the applicable vesting dates
F4	On June 7, 2021 the Reporting person was granted RSUs, which vest in three substantially equal annual installments beginning on June 7, 2022, subject to the Reporting Person's continued service to the Company through the applicable vesting dates.