Aya Jakobovits - 01 Jun 2023 Form 4 Insider Report for Adicet Bio, Inc. (ACET)

Role: Director
Signature: /s/ Nick Harvey, Attorney-in-Fact
Issuer symbol: ACET
Transactions as of: 01 Jun 2023
Net transactions value: $0
Form type: 4
Filing time: 02 Jun 2023, 17:48:20 UTC
Previous filing: 03 Jun 2022
Next filing: 16 Aug 2023
SEC: View on sec.gov

Transactions Table

Type	Sym	Class	Transaction	Value $	Shares	Change %	* Price $	Shares After	Date	Ownership	Footnotes
transaction	ACET	Common Stock	Award	$0	+5,900		$0.000000	5,900	01 Jun 2023	Direct	F1
holding	ACET	Common Stock						356,343	01 Jun 2023	See Footnote	F2
holding	ACET	Common Stock						356,343	01 Jun 2023	See Footnote	F3
holding	ACET	Common Stock						138,076	01 Jun 2023	See Footnote	F4

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	ACET	Stock Option (Right to Buy)	Award	$0	+26,400		$0.000000	26,400	01 Jun 2023	Common Stock	26,400	$5.20	Direct	F5

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

Explanation of Responses:

Id	Content
F1	The Reporting Person was issued Restricted Stock Units ("RSUs"). Each RSU represents a contingent right to receive one share of Common Stock. The RSUs shall vest in full on the earlier to occur of (a) the first anniversary of the grant date or (b) the date of the next annual meeting of stockholders following the grant date, subject to the Reporting Person's continued service on the Issuer's board of directors. The RSUs may be settled only by delivering shares of Common Stock, and thus, the grant is being reported in Table I as allowed per SEC guidance.
F2	Shares held in a trust of which Dr. Jakobovits' spouse is the trustee and Dr. Jakobovits' daughter is the beneficiary.
F3	Shares held in a trust of which Dr. Jakobovits' spouse is the trustee and Dr. Jakobovits' son is the beneficiary.
F4	Shares held in a revocable trust of which Dr. Jakobovits and her spouse are co-trustees.
F5	These shares shall vest in full on the earlier to occur of (a) the first anniversary of the grant date or (b) the date of the next annual meeting of stockholders following the grant date, subject to the Reporting Person's continued service on the Issuer's board of directors.