J. Jefferson Smith - 07 Jun 2023 Form 4 Insider Report for PRECISION BIOSCIENCES INC (DTIL)

Role: Chief Research Officer
Signature: /s/ John Alexander Kelly, Attorney-in-Fact for J. Jefferson Smith
Issuer symbol: DTIL
Transactions as of: 07 Jun 2023
Net transactions value: $0
Form type: 4
Filing time: 09 Jun 2023, 16:15:42 UTC
Previous filing: 07 Mar 2023
Next filing: 05 Sep 2023
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		+4,872	+0.25%		1,935,079	07 Jun 2023	Direct	F1, F2
holding	DTIL	Common Stock						237,959	07 Jun 2023	By Charitable Remainder Unitrust

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	-4,872	-50%	$0.000000	4,872	07 Jun 2023	Common Stock	4,872		Direct	F2, F3

* 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, 2023.
F2	Each RSU represents a contingent right to receive one share of the Issuer's Common Stock or, at the Issuer's option, an amount of cash equal to the fair market value of such share.
F3	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 Issuer through the applicable vesting dates.