R. Mark Adams - Jan 9, 2023 Form 4 Insider Report for Adaptive Biotechnologies Corp (ADPT)

Signature
/s/ R. Mark Adams by Eric Billings, attorney-in-fact
Stock symbol
ADPT
Transactions as of
Jan 9, 2023
Transactions value $
-$26,733
Form type
4
Date filed
1/11/2023, 05:00 PM
Previous filing
Oct 11, 2022
Next filing
Mar 8, 2023

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction ADPT Common Stock Sale -$8.46K -995 -0.85% $8.50 116K Jan 9, 2023 Direct F1
transaction ADPT Common Stock Sale -$18.3K -2.13K -1.84% $8.58 114K Jan 10, 2023 Direct F2
* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id Content
F1 This transaction represents the number of shares required to be sold by the Reporting Person to cover tax withholding obligations in connection with the vesting of RSUs. This sale is mandated by the Issuer's election under its equity incentive plans to require the satisfaction of tax withholding obligations to be funded by a "sell to cover" transaction and does not represent a discretionary trade by the Reporting Person.
F2 The transaction reported in this Form 4 was effected pursuant to a Rule 10b5-1 trading plan adopted by the reporting person on May 10, 2022.