Vijay Chiruvolu - 20 May 2022 Form 4 Insider Report for Instil Bio, Inc. (TIL)

Signature
/s/ Sandeep Laumas, M.D. Attorney-in-Fact for Vijay Chiruvolu
Issuer symbol
TIL
Transactions as of
20 May 2022
Net transactions value
$0
Form type
4
Filing time
25 May 2022, 18:08:05 UTC
Previous filing
07 Mar 2022
Next filing
20 Jul 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 +154,237 $0.000000 154,237 20 May 2022 Common Stock 154,237 $7.27 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 May 20, 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.