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Adaptive Biotechnologies Corp — Director's Dealing 2023
Apr 13, 2023
31660_dirs_2023-04-12_a08ed895-5bb0-4171-ad4d-c583fb1b55a9.zip
Director's Dealing
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SEC Form 4 — Statement of Changes in Beneficial Ownership
Issuer: Adaptive Biotechnologies Corp (ADPT)
CIK: 0001478320
Period of Report: 2023-04-10
Reporting Person: ADAMS R MARK (Chief Operating Officer)
Non-Derivative Transactions
| Date | Security | Code | Shares | Price | A/D | Holdings After | Ownership |
|---|---|---|---|---|---|---|---|
| 2023-04-10 | Common Stock | S | 817 | $8.50 | Disposed | 177669 | Direct |
| 2023-04-11 | Common Stock | S | 2308 | $8.63 | Disposed | 175361 | Direct |
Footnotes
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.