Shefali Agarwal - 04 Apr 2025 Form 4 Insider Report for Gritstone bio, Inc. (GRTS)

Role
Director
Signature
/s/ Vassiliki Economides, Attorney-in-Fact for Shefali Agarwal
Issuer symbol
GRTS
Transactions as of
04 Apr 2025
Transactions value $
$0
Form type
4
Filing time
08 Apr 2025, 20:56:52 UTC
Previous filing
20 Jun 2024
Next filing
30 May 2025
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
transaction GRTS Stock Option (Right to Buy) Other $0 -51,800 -100% $0 0 04 Apr 2025 Common Stock 51,800 $2.19 Direct F1, F2
transaction GRTS Stock Option (Right to Buy) Other $0 -51,800 -100% $0 0 04 Apr 2025 Common Stock 51,800 $0.76 Direct F1, F3
transaction GRTS Stock Option (Right to Buy) Other $0 -38,000 -100% $0 0 04 Apr 2025 Common Stock 38,000 $9.48 Direct F1, F2
transaction GRTS Stock Option (Right to Buy) Other $0 -937 -100% $0 0 04 Apr 2025 Common Stock 937 $9.86 Direct F1, F2
transaction GRTS Stock Option (Right to Buy) Other $0 -19,000 -100% $0 0 04 Apr 2025 Common Stock 19,000 $2.22 Direct F1, F2
* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Shefali Agarwal is no longer subject to Section 16 filing requirements. Form 4 or Form 5 obligations may continue.

Explanation of Responses:

Id Content
F1 Pursuant to the Issuer's Second Modified Plan of Reorganization pursuant to Chapter 11 of the Bankruptcy Code, which was confirmed by the United States Bankruptcy Court for the District of Delaware on April 3, 2025 and became effective on April 4, 2025, each share of the Issuer's common stock and options to purchase the Issuer's common stock outstanding prior to the Issuer's emergence from bankruptcy were cancelled for no value.
F2 The options are fully vested.
F3 The option will vest and become exercisable on the earlier of (i) the first anniversary of the date of grant or (ii) the date of the next annual stockholder's meeting to the extent unvested as of such date, subject to continued service through the applicable vesting date.