Zachary Roberts - Mar 4, 2022 Form 4 Insider Report for Instil Bio, Inc. (TIL)

Signature
/s/ Sandeep Laumas, M.D. Attorney-in-Fact for Zachary Roberts
Stock symbol
TIL
Transactions as of
Mar 4, 2022
Transactions value $
$2,111,900
Form type
4
Date filed
3/7/2022, 04:10 PM
Previous filing
Oct 8, 2021
Next filing
Jan 9, 2023

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 $2.11M +245K $8.62 245K Mar 4, 2022 Common Stock 245K $8.62 Direct F1

Explanation of Responses:

Id Content
F1 Twenty-five percent (25%) of the shares subject to the option vest on March 4, 2023, 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.