4//SEC Filing
Schor Chen 4
Accession 0000950170-24-008046
CIK 0001720580other
Filed
Jan 25, 7:00 PM ET
Accepted
Jan 26, 7:06 PM ET
Size
10.7 KB
Accession
0000950170-24-008046
Insider Transaction Report
Form 4
Adicet Bio, Inc.ACET
Schor Chen
DirectorPresident & CEO
Transactions
- Award
Stock Option (Right to Buy)
2024-01-24+1,116,903→ 1,116,903 totalExercise: $2.40Exp: 2034-01-23→ Common Stock (1,116,903 underlying) - Tax Payment
Common Stock
2024-01-24$2.40/sh−15,290$36,696→ 138,471 total - Award
Common Stock
2024-01-24+70,300→ 208,771 total
Holdings
- 53,424(indirect: See Footnote)
Common Stock
- 43,469(indirect: See Footnote)
Common Stock
Footnotes (5)
- [F1]Represents shares withheld by the Issuer to satisfy tax withholding obligations in connection with the vesting of restricted stock units and does not represent a sale by the Reporting Person.
- [F2]The Reporting Person was issued RSUs. Each RSU represents a contingent right to receive one share of Common Stock. The RSUs shall vest in three (3) annual installments, with the first tranche vesting on January 24, 2025. The RSUs may be settled only by delivering shares of Common Stock, and thus, the grant is being reported in Table I as allowed per SEC guidance.
- [F3]Represents shares held directly by The I. Schor IRRV Trust, an irrevocable family trust having an independent trustee.
- [F4]Represents shares held directly by The C. Schor IRRV Trust, an irrevocable family trust having an independent trustee.
- [F5]1/48th of the shares shall vest on each of the next forty-eight (48) monthly anniversaries of the grant date, provided that the Reporting Person maintains a service relationship with the Issuer as of the applicable vesting dates.
Documents
Issuer
Adicet Bio, Inc.
CIK 0001720580
Entity typeother
Related Parties
1- filerCIK 0001340875
Filing Metadata
- Form type
- 4
- Filed
- Jan 25, 7:00 PM ET
- Accepted
- Jan 26, 7:06 PM ET
- Size
- 10.7 KB