Ray Sumita 4
4 · Instil Bio, Inc. · Filed Jan 20, 2023
Insider Transaction Report
Form 4
Ray Sumita
Chief Legal and Admin Officer
Transactions
- Award
Employee Stock Option (right to buy)
2023-01-18+50,000→ 50,000 totalExercise: $0.77Exp: 2033-01-17→ Common Stock (50,000 underlying) - Award
Employee Stock Option (right to buy)
2023-01-08+415,000→ 415,000 totalExercise: $0.63Exp: 2033-01-07→ Common Stock (415,000 underlying)
Footnotes (2)
- [F1]Twenty-five percent (25%) of the shares subject to the option vest on January 8, 2024, 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.
- [F2]Twenty-five percent (25%) of the shares subject to the option vest on January 18, 2024, 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.