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Adicet Bio, Inc. — Director's Dealing 2019
Dec 6, 2019
34412_dirs_2019-12-06_e4dc0f5b-4ff4-4008-9540-4daabf064e27.zip
Director's Dealing
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SEC Form 4 — Statement of Changes in Beneficial Ownership
Issuer: resTORbio, Inc. (TORC)
CIK: 0001720580
Period of Report: 2019-12-06
Reporting Person: Klickstein Lloyd (Chief Scientific Officer)
Non-Derivative Transactions
| Date | Security | Code | Shares | Price | A/D | Holdings After | Ownership |
|---|---|---|---|---|---|---|---|
| 2019-12-06 | Common Stock | A | 118222 | $0.00 | Acquired | 118222 | Direct |
Derivative Transactions
| Date | Security | Exercise Price | Code | Shares | A/D | Expiration | Underlying | Ownership |
|---|---|---|---|---|---|---|---|---|
| 2019-12-06 | Stock Option (Right to Buy) | $1.27 | A | 88667 | Acquired | 2029-12-05 | Common Stock (88667) | Direct |
Footnotes
F1: The Reporting Person was issued Restricted Stock Units ("RSU"). Each RSU represents a contingent right to receive one share of common stock. The RSUs shall vest in four (4) annual installments, with the first tranche vesting on December 6, 2020. 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.
F2: 25% of the shares shall vest on December 6, 2020, with the remainder vesting in 36 equal monthly installments thereafter.
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