Vijay Chiruvolu - 04 Mar 2022 Form 4 Insider Report for Instil Bio, Inc. (TIL)

Role
Chief Technical Officer
Signature
/s/ Sandeep Laumas, M.D. Attorney-in-Fact for Vijay Chiruvolu
Issuer symbol
TIL
Transactions as of
04 Mar 2022
Net transactions value
+$2,215,340
Form type
4
Filing time
07 Mar 2022, 16:05:40 UTC
Previous filing
13 May 2021
Next filing
25 May 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
transaction TIL Employee Stock Option (right to buy) Award $2,215,340 +257,000 $8.62* 257,000 04 Mar 2022 Common Stock 257,000 $8.62 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 March 4, 2023, 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.