Sandeep Laumas - 08 Jan 2023 Form 4 Insider Report for Instil Bio, Inc. (TIL)

Signature
/s/ Sandeep Laumas, M.D.
Issuer symbol
TIL
Transactions as of
08 Jan 2023
Net transactions value
$0
Form type
4
Filing time
20 Jan 2023, 15:08:03 UTC
Previous filing
23 May 2022
Next filing
28 Jun 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 $0 +415,000 $0.000000 415,000 08 Jan 2023 Common Stock 415,000 $0.6340 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 January 8, 2024, 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.