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Precipio, Inc. — Director's Dealing 2024
Sep 6, 2024
34807_dirs_2024-09-06_762b2b69-e5c4-475d-9922-598d20e7b61b.zip
Director's Dealing
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SEC Form 4 — Statement of Changes in Beneficial Ownership
Issuer: Precipio, Inc. (PRPO)
CIK: 0001043961
Period of Report: 2024-08-31
Reporting Person: Cossman Jeffrey (Director)
Derivative Transactions
| Date | Security | Exercise Price | Code | Shares | A/D | Expiration | Underlying | Ownership |
|---|---|---|---|---|---|---|---|---|
| 2024-08-31 | Stock Option (Right to Buy) | $561.0 | D | 23 | Disposed | 2027-09-26 | Common Stock (23) | Direct |
| 2024-08-31 | Stock Option (Right to Buy) | $6.56 | A | 23 | Acquired | 2027-09-26 | Common Stock (23) | Direct |
| 2024-08-31 | Stock Option (Right to Buy) | $213 | D | 103 | Disposed | 2028-02-16 | Common Stock (103) | Direct |
| 2024-08-31 | Stock Option (Right to Buy) | $6.56 | A | 103 | Acquired | 2028-02-16 | Common Stock (103) | Direct |
| 2024-08-31 | Stock Option (Right to Buy) | $213 | D | 258 | Disposed | 2028-02-16 | Common Stock (258) | Direct |
| 2024-08-31 | Stock Option (Right to Buy) | $6.56 | A | 258 | Acquired | 2028-02-16 | Common Stock (258) | Direct |
| 2024-08-31 | Stock Option (Right to Buy) | $45 | D | 250 | Disposed | 2029-03-18 | Common Stock (250) | Direct |
| 2024-08-31 | Stock Option (Right to Buy) | $6.56 | A | 250 | Acquired | 2029-03-18 | Common Stock (250) | Direct |
| 2024-08-31 | Stock Option (Right to Buy) | $42.80 | D | 375 | Disposed | 2030-01-16 | Common Stock (375) | Direct |
| 2024-08-31 | Stock Option (Right to Buy) | $6.56 | A | 375 | Acquired | 2030-01-16 | Common Stock (375) | Direct |
| 2024-08-31 | Stock Option (Right to Buy) | $26.0 | D | 200 | Disposed | 2030-07-02 | Common Stock (200) | Direct |
| 2024-08-31 | Stock Option (Right to Buy) | $6.56 | A | 200 | Acquired | 2030-07-02 | Common Stock (200) | Direct |
| 2024-08-31 | Stock Option (Right to Buy) | $26.0 | D | 1087 | Disposed | 2030-07-02 | Common Stock (1087) | Direct |
| 2024-08-31 | Stock Option (Right to Buy) | $6.56 | A | 1087 | Acquired | 2030-07-02 | Common Stock (1087) | Direct |
| 2024-08-31 | Stock Option (Right to Buy) | $42 | D | 1250 | Disposed | 2031-01-04 | Common Stock (1250) | Direct |
| 2024-08-31 | Stock Option (Right to Buy) | $6.56 | A | 1250 | Acquired | 2031-01-04 | Common Stock (1250) | Direct |
| 2024-08-31 | Stock Option (Right to Buy) | $64.40 | D | 1250 | Disposed | 2031-03-08 | Common Stock (1250) | Direct |
| 2024-08-31 | Stock Option (Right to Buy) | $6.56 | A | 1250 | Acquired | 2031-03-08 | Common Stock (1250) | Direct |
| 2024-08-31 | Stock Option (Right to Buy) | $30.80 | D | 2000 | Disposed | 2032-01-11 | Common Stock (2000) | Direct |
| 2024-08-31 | Stock Option (Right to Buy) | $6.56 | A | 2000 | Acquired | 2032-01-11 | Common Stock (2000) | Direct |
Footnotes
F1: On August 30, 2024, the Issuer's Board of Directors approved an option repricing (the "Repricing"), effective as of August 31, 2024 (the "Effective Date"). All of the other terms of the options remain unchanged. Such transactions were exempt pursuant to Rule 16b-6(d) and Rule 16b-3 of the Exchange Act, as applicable.
F2: This stock option award was issued pursuant to the Company's Amended and Restated 2017 Stock Option and Incentive Plan, as amended, (the "2017 Plan") and becomes exercisable in accordance with the vesting schedule specified in the award agreement and as previously reported on applicable Form-4, subject to the Reporting Person's continued service with the Issuer as of the applicable vesting date.
F3: The exercise price of the option is $6.56 per share, representing the fair market value per share of the Issuer's Common Stock on the Effective Date; provided that the repriced option will revert to its original exercise price if, prior to the first anniversary of the Effective Date, (a) the Reporting Person's service with the Issuer is terminated by the Issuer with cause or by the Reporting Person or (b) the option is exercised