Dario Scimeca - Jun 7, 2022 Form 4 Insider Report for PRECISION BIOSCIENCES INC (DTIL)

Role
General Counsel and Secretary
Signature
/s/ John Alexander Kelly, Attorney-in-fact Dario Scimeca
Stock symbol
DTIL
Transactions as of
Jun 7, 2022
Transactions value $
-$20,256
Form type
4
Date filed
6/9/2022, 04:36 PM
Previous filing
Jun 9, 2021
Next filing
Nov 4, 2022

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction DTIL Common Stock Options Exercise +22.7K +214.95% 33.3K Jun 7, 2022 Direct F1, F2
transaction DTIL Common Stock Options Exercise +9.05K +27.17% 42.3K Jun 7, 2022 Direct F1, F2
transaction DTIL Common Stock Sale -$20.3K -9.83K -23.22% $2.06 32.5K Jun 8, 2022 Direct 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 DTIL Restricted Stock Units Options Exercise $0 -22.7K -50% $0.00 22.7K Jun 7, 2022 Common Stock 22.7K Direct F2, F4
transaction DTIL Restricted Stock Units Options Exercise $0 -9.05K -33.34% $0.00 18.1K Jun 7, 2022 Common Stock 9.05K Direct F2, F5
* 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 The sales were effected pursuant to a Rule 10b5-1 plan. The transaction was a sell-to-cover exercise, with shares sold to cover tax withholding obligations in connection with the vesting and settlement of RSUs.
F4 On June 7, 2021 the Reporting person was granted RSUs, which vest in two equal annual installments beginning on June 7, 2022, subject to the Reporting Person's continued service to the Company through the applicable vesting dates.
F5 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.