Chen Schor - 28 Sep 2023 Form 4 Insider Report for Adicet Bio, Inc. (ACET)

Role
President & CEO, Director
Signature
/s/ Nick Harvey, Attorney-in-Fact
Issuer symbol
ACET
Transactions as of
28 Sep 2023
Net transactions value
-$31,936
Form type
4
Filing time
02 Oct 2023, 20:16:14 UTC
Previous filing
16 Aug 2023
Next filing
26 Jan 2024
SEC
View on sec.gov

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction ACET Common Stock Sale $7,810 -5,500 -13% $1.42 37,969 28 Sep 2023 See Footnote F1, F2
transaction ACET Common Stock Purchase $7,810 +5,500 +3.1% $1.42 182,469 28 Sep 2023 Direct F1
transaction ACET Common Stock Sale $7,481 -5,500 -3% $1.36 176,969 29 Sep 2023 Direct F1, F3
transaction ACET Common Stock Purchase $7,340 +5,500 +14% $1.33 43,469 02 Oct 2023 See Footnote F1, F2, F4
transaction ACET Common Stock Tax liability $31,795 -23,208 -13% $1.37 153,761 02 Oct 2023 Direct F5
holding ACET Common Stock 53,424 28 Sep 2023 See Footnote F6
* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id Content
F1 The transactions reported herein were matchable under Section 16(b) of the Securities Exchange Act of 1934, as amended (the "Exchange Act"). The Reporting Person will promptly and voluntarily disgorge to the Issuer the full amount of the resulting statutory profit calculated pursuant to Section 16(b) of the Exchange Act.
F2 Represents shares held directly by The I. Schor IRRV Trust, an irrevocable family trust having an independent trustee.
F3 The price reported in Column 4 is a weighted average price. These shares were sold in multiple transactions in prices ranging from $1.33 to $1.38, inclusive. Full information regarding the number of shares sold at each separate price can be furnished to the Securities and Exchange Commission ("SEC") staff upon request.
F4 The price reported in Column 4 is a weighted average price. These shares were purchased in multiple transactions in prices ranging from $1.32 to $1.35, inclusive. Full information regarding the number of shares purchased at each separate price can be furnished to the SEC staff upon request.
F5 Represents shares withheld by the Issuer to satisfy tax withholding obligations in connection with the vesting of restricted stock units and does not represent a sale by the Reporting Person.
F6 Represents shares held directly by The C. Schor IRRV Trust, an irrevocable family trust having an independent trustee.