Precipio, Inc. — Director's Dealing 2019

Dec 4, 2019

SEC Form 4 — Statement of Changes in Beneficial Ownership

Issuer: Precipio, Inc. (PRPO)
CIK: 0001043961
Period of Report: 2019-12-03

Reporting Person: SANDBERG RICHARD A (Director)

Derivative Transactions

Date	Security	Exercise Price	Code	Shares	A/D	Expiration	Underlying	Ownership
2019-12-03	Employee Stock Option (right to buy)	$2.18	A	2069	Acquired	2029-12-03	Common Stock (2069)	Direct
2019-12-03	Employee Stock Option (right to buy)	$2.18	A	5171	Acquired	2029-12-03	Common Stock (5171)	Direct

Footnotes

F1: On December 3, 2019 (the "Effective Date"), Mr. Richard Sandberg (the "Reporting Person") was appointed to the Board of Directors of Precipio, Inc. (the "Company"). In connection with the Reporting Person's appointment and pursuant to the Company's 2017 Stock Option and Incentive Plan, the Company issued to the Reporting Person and option to purchase 2,000 and 5,000 shares, respectively (the "Options"), at an exercise price of $2.18 (the closing price of the Company's common stock on the Effective Date).

F2: The Option vests in twelve equal monthly installments beginning on the Effective Date.

F3: The Option vests in thirty-six equal monthly installments beginning on the Effective Date.