Sumita Ray - 03 May 2022 Form 3 Insider Report for Instil Bio, Inc. (TIL)

Role
Chief Legal and Admin Officer
Signature
/s/ Sandeep Laumas, M.D. Attorney-in-Fact for Sumita Ray, J.D.
Issuer symbol
TIL
Transactions as of
03 May 2022
Net transactions value
$0
Form type
3
Filing time
03 May 2022, 17:01:05 UTC
Previous filing
07 Mar 2022
Next filing
24 Jun 2022
SEC
View on sec.gov

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
holding TIL Employee Stock Option (right to buy) 03 May 2022 Common Stock 425,000 $8.40 Direct F1
* 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 18, 2023, and the remaining shares subject to the option vested or shall vest in thirty-six (36) equal monthly installments thereafter, subject to the Reporting Person continuing to provide service through each such date.

Remarks:

Exhibit List - Exhibit 24 - Power of Attorney