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Adicet Bio, Inc. — Director's Dealing 2022
Oct 14, 2022
34412_dirs_2022-10-14_40541a87-4275-49da-aad0-300bdce6658e.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: 2022-10-12
Reporting Person: Aftab Blake (Chief Scientific Officer)
Non-Derivative Transactions
| Date | Security | Code | Shares | Price | A/D | Holdings After | Ownership |
|---|---|---|---|---|---|---|---|
| 2022-10-12 | Common Stock | M | 3388 | $7.38 | Acquired | 52822 | Direct |
| 2022-10-12 | Common Stock | S | 1646 | $15.40 | Disposed | 51176 | Direct |
| 2022-10-13 | Common Stock | F | 7933 | $15.92 | Disposed | 43243 | Direct |
Derivative Transactions
| Date | Security | Exercise Price | Code | Shares | A/D | Expiration | Underlying | Ownership |
|---|---|---|---|---|---|---|---|---|
| 2022-10-12 | Stock Option (Right to Buy) | $7.38 | M | 3388 | Disposed | 2031-10-11 | Common Stock (3388) | Direct |
Footnotes
F1: This transaction was effected pursuant to a Rule 10b5-1 trading plan adopted by the Reporting Person.
F2: Represents shares withheld by the Issuer to satisfy tax withholding obligations in connection with the vesting of restricted stock units and does not represent a sale by the Reporting Person.
F3: A total of 60,000 shares subject to an employee stock option were granted to the Reporting Person on October 12, 2021. 25% of the shares subject to the stock option vested and became exercisable on October 12, 2022, with the remainder vesting in equal monthly installments for a period of 36 months thereafter, subject to the Reporting Person's continued service with the Issuer.