Precipio, Inc. — Director's Dealing 2021

Mar 4, 2021

SEC Form 4 — Statement of Changes in Beneficial Ownership

Issuer: Precipio, Inc. (PRPO)
CIK: 0001043961
Period of Report: 2021-03-01

Reporting Person: ANDREWS RONALD ASBURY (Director)

Derivative Transactions

Date	Security	Exercise Price	Code	Shares	A/D	Expiration	Underlying	Ownership
2021-03-01	Employee Stock Option (right to buy)	$2.60	A	2069	Acquired	2031-03-01	Common Stock (2069)	Direct
2021-03-01	Employee Stock Option (right to buy)	$2.60	A	5171	Acquired	2031-03-01	Common Stock (5171)	Direct

Footnotes

F1: On March 1, 2021 (the "Effective Date"), Mr. Ron A. Andrews (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 options (each an "Option" and together, the "Options") to purchase 2,069 and 5,171 shares, respectively, of the Company's common stock, par value $0.01 per share, both at an exercise price of $2.60 (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.