Sandeep Laumas - Feb 10, 2024 Form 4 Insider Report for Instil Bio, Inc. (TIL)

Role
CFO and CBO
Signature
/s/ Sandeep Laumas, M.D.
Stock symbol
TIL
Transactions as of
Feb 10, 2024
Transactions value $
$0
Form type
4
Date filed
2/13/2024, 05:40 PM
Previous filing
Sep 7, 2023
Next filing
Jun 11, 2024

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 +80K $0.00 80K Feb 10, 2024 Common Stock 80K $11.60 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 February 10, 2025, 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.