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Adicet Bio, Inc. — Director's Dealing 2021
Mar 19, 2021
34412_dirs_2021-03-18_748dcedf-3ca7-4252-96e7-582a559e9b7f.zip
Director's Dealing
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SEC Form 4 — Statement of Changes in Beneficial Ownership
Issuer: Adicet Bio, Inc. (ACET)
CIK: 0001720580
Period of Report: 2021-01-26
Reporting Person: Klickstein Lloyd (Chief Innovation Officer)
Non-Derivative Transactions
| Date | Security | Code | Shares | Price | A/D | Holdings After | Ownership |
|---|---|---|---|---|---|---|---|
| 2019-12-06 | Common Stock | A | 16888 | $0.00 | Disposed | 16888 | Direct |
| 2020-10-23 | Common Stock | F | 4957 | $0.00 | Disposed | 11931 | 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: The amount of securities reported herein have been adjusted to reflect the 1-for-7 reverse stock split that was effected in September 2020 in connection with the merger of resTORbio, Inc. and Adicet Therapeutics, Inc., formerly known as Adicet Bio, Inc.
F3: The Reporting Person is disposing of 4,957 restricted stock units as a result of a revised tax rate for such restricted stock units