Zachary Roberts - Oct 7, 2021 Form 4 Insider Report for Instil Bio, Inc. (TIL)

Role
Chief Medical Officer
Signature
/s/ Sandeep Laumas, M.D. Attorney-in-Fact for Zachary Roberts
Stock symbol
TIL
Transactions as of
Oct 7, 2021
Transactions value $
$0
Form type
4
Date filed
10/8/2021, 04:04 PM
Previous filing
Sep 13, 2021
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 +120K +100% $0.00 240K Oct 7, 2021 Common Stock 120K $0.83 Direct F1
* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id Content
F1 Represents performance-based stock option previously granted to the Reporting Person by the Issuer on May 9, 2020. The performance conditions applicable to the award were determined to have been satisfied by the Issuer's Compensation Committee on October 7, 2021, resulting in the immediate vesting of the stock option as to 120,000 shares of Common Stock.