Instil Bio, Inc. — Director's Dealing 2021

May 13, 2021

SEC Form 4 — Statement of Changes in Beneficial Ownership

Issuer: Instil Bio, Inc. (TIL)
CIK: 0001789769
Period of Report: 2021-04-30

Reporting Person: Chiruvolu Vijay (Chief Technical Officer)

Derivative Transactions

Date	Security	Exercise Price	Code	Shares	A/D	Expiration	Underlying	Ownership
2021-04-30	Employee Stock Option (right to buy)	$20.53	A	154237	Acquired	2031-04-29	Common Stock (154237.0)	Direct
2021-05-11	Employee Stock Option (right to buy)	$16.25	A	200000	Acquired	2031-05-10	Common Stock (200000.0)	Direct

Footnotes

F1: Twenty-five percent (25%) of the shares subject to the option vest on April 30, 2022, 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: The option vests in forty-eight (48) equal monthly installments commencing on June 11, 2021, subject to the Reporting Person continuing to provide service through each such date.