John Alexander Kelly - 20 Jan 2024 Form 4 Insider Report for PRECISION BIOSCIENCES INC (DTIL)

Signature
/s/ John Alexander Kelly
Issuer symbol
DTIL
Transactions as of
20 Jan 2024
Net transactions value
$0
Form type
4
Filing time
23 Jan 2024, 19:19:20 UTC
Previous filing
06 Nov 2023
Next filing
03 May 2024

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction DTIL Common Stock Options Exercise +116,690 +23% 614,169 20 Jan 2024 Direct F1, F2

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 -116,690 -33% $0.000000 233,310 20 Jan 2024 Common Stock 116,690 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 January 20, 2024.
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 January 20, 2023 the Reporting Person was granted RSUs, which vest in three substantially equal annual installments beginning on January 20, 2024, subject to the Reporting Person's continued service to the Issuer through the applicable vesting dates.