R. Kent Jr McGaughy - 15 Mar 2022 Form 4 Insider Report for Instil Bio, Inc. (TIL)

Role: Director
Signature: /s/ R. Kent McGaughy, Jr.
Issuer symbol: TIL
Transactions as of: 15 Mar 2022
Transactions value $: $0
Form type: 4
Filing time: 17 Mar 2022, 16:56:19
Previous filing: 05 Jan 2022
Next filing: 25 May 2022
SEC: View on sec.gov

Transactions Table

Type	Sym	Class	Transaction	Value $	Shares	Change %	* Price $	Shares After	Date	Ownership	Footnotes
transaction	TIL	Common Stock	Other	$0	-260K	-3.07%	$0.00	8.22M	15 Mar 2022	See footnote	F1, F2

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

Explanation of Responses:

Id	Content
F1	The securities are held by Ibisbill, LP (the "LP"). CPMG, Inc. is the general partner of the LP and has voting and investment control over the shares beneficially owned by the LP. The Reporting Person is the sole shareholder and managing director of CPMG, Inc. and may be deemed to share voting and investment power with respect to the shares beneficially owned by the LP. The Reporting Person disclaims beneficial ownership of the shares beneficially owned by LP except to the extent of any pecuniary interest therein.
F2	The LP distributed these shares to its partners on a pro rata basis, for no consideration.

Content

The securities are held by Ibisbill, LP (the "LP"). CPMG, Inc. is the general partner of the LP and has voting and investment control over the shares beneficially owned by the LP. The Reporting Person is the sole shareholder and managing director of CPMG, Inc. and may be deemed to share voting and investment power with respect to the shares beneficially owned by the LP. The Reporting Person disclaims beneficial ownership of the shares beneficially owned by LP except to the extent of any pecuniary interest therein.

The LP distributed these shares to its partners on a pro rata basis, for no consideration.