Vijay Chiruvolu - Apr 30, 2021 Form 4 Insider Report for Instil Bio, Inc. (TIL)

Role
Chief Technical Officer
Signature
/s/ Sandeep Laumas, M.D. Attorney-in-Fact for Vijay Chiruvolu
Stock symbol
TIL
Transactions as of
Apr 30, 2021
Transactions value $
$0
Form type
4
Date filed
5/13/2021, 04:57 PM
Next filing
Mar 7, 2022

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 TIL Employee Stock Option (right to buy) Award $0 +154K $0.00 154K Apr 30, 2021 Common Stock 154K $20.53 Direct F1
transaction TIL Employee Stock Option (right to buy) Award $0 +200K $0.00 200K May 11, 2021 Common Stock 200K $16.25 Direct F2
* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id Content
F1 Twenty-five percent (25%) of the shares subject to the option vest on April 30, 2022, and the remaining shares subject to the option shall vest in thirty-six (36) equal monthly installments thereafter, subject to the Reporting Person continuing to provide service through each such date.
F2 The option vests in forty-eight (48) equal monthly installments commencing on June 11, 2021, subject to the Reporting Person continuing to provide service through each such date.