LANCE BALDO - 07 Mar 2022 Form 4 Insider Report for Adaptive Biotechnologies Corp (ADPT)

Signature
/s/ Lance Baldo by Eric Billings, attorney-in-fact
Issuer symbol
ADPT
Transactions as of
07 Mar 2022
Transactions value $
-$28,500
Form type
4
Filing time
08 Mar 2022, 20:01:10 UTC
Next filing
10 Mar 2022

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction ADPT Common Stock Sale -$28.5K -2.37K -10.37% $12.01 20.5K 07 Mar 2022 Direct F1
* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id Content
F1 This transaction represents the number of shares required to be sold by the Reporting Person to cover tax withholding obligations in connection with the vesting of RSUs. This sale is mandated by the Issuer's election under its equity incentive plans to require the satisfaction of tax withholding obligations to be funded by a "sell to cover" transaction and does not represent a discretionary trade by the Reporting Person.