4//SEC Filing
ADAMS R MARK 4
Accession 0001062993-23-006327
CIK 0001478320other
Filed
Mar 7, 7:00 PM ET
Accepted
Mar 8, 8:03 PM ET
Size
10.8 KB
Accession
0001062993-23-006327
Insider Transaction Report
Form 4
ADAMS R MARK
Chief Technical Officer
Transactions
- Sale
Common Stock
2023-03-06$8.57/sh−6,529$55,954→ 195,641 total - Award
Stock Option (right to buy)
2023-03-06+133,033→ 133,033 totalExercise: $8.46Exp: 2033-03-06→ Common Stock (133,033 underlying) - Award
Common Stock
2023-03-06+88,652→ 202,170 total - Sale
Common Stock
2023-03-07$8.60/sh−17,155$147,533→ 178,486 total
Footnotes (4)
- [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.
- [F2]The transaction reported in this Form 4 was effected pursuant to a Rule 10b5-1 trading plan adopted by the reporting person on May 10, 2022.
- [F3]The price reported for this transaction is a weighted-average price. The shares were sold in multiple transactions ranging from $8.245 to $8.89, inclusive. The reporting person undertakes to provide to Adaptive Biotechnologies Corporation, any security holder of Adaptive Biotechnologies Corporation, or the staff of the Securities and Exchange Commission, upon request, full information regarding the number of shares sold at each separate price within the ranges set forth in any footnotes to this Form 4.
- [F4]The options vest with respect to 1/4 of such shares on March 4, 2024, with 1/48 of such shares vesting thereafter at the end of each full month of continuous service until fully vested.
Issuer
Adaptive Biotechnologies Corp
CIK 0001478320
Entity typeother
Related Parties
1- filerCIK 0001808905
Filing Metadata
- Form type
- 4
- Filed
- Mar 7, 7:00 PM ET
- Accepted
- Mar 8, 8:03 PM ET
- Size
- 10.8 KB