Alan List - 03 Mar 2023 Form 4 Insider Report for PRECISION BIOSCIENCES INC (DTIL)

Signature
/s/ Dario Scimeca, Attorney-in-Fact for Alan List
Issuer symbol
DTIL
Transactions as of
03 Mar 2023
Net transactions value
-$10,136
Form type
4
Filing time
07 Mar 2023, 16:16:16 UTC
Previous filing
24 Jan 2023
Next filing
28 Apr 2023

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction DTIL Common Stock Options Exercise +29,453 +161% 47,713 03 Mar 2023 Direct F1, F2
transaction DTIL Common Stock Sale $10,136 -9,473 -20% $1.07 38,240 06 Mar 2023 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 +29,453 +100% $0.000000 58,890 03 Mar 2023 Common Stock 29,453 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 March 3, 2023.
F2 Each RSU represents a contingent right to receive one share of the Issuer'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 March 3, 2022 the Reporting Person was granted RSUs, which vest in three substantially equal annual installments beginning on March 3, 2023, subject to the Reporting Person's continued service to the Issuer through the applicable vesting dates.