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PRECISION BIOSCIENCES INC — Director's Dealing 2025
Jan 23, 2025
34491_dirs_2025-01-22_abfc4281-1249-4b45-be5a-50914c03221c.zip
Director's Dealing
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SEC Form 4 — Statement of Changes in Beneficial Ownership
Issuer: PRECISION BIOSCIENCES INC (DTIL)
CIK: 0001357874
Period of Report: 2025-01-20
Reporting Person: Amoroso Michael (N/A)
Non-Derivative Transactions
| Date | Security | Code | Shares | Price | A/D | Holdings After | Ownership |
|---|---|---|---|---|---|---|---|
| 2025-01-20 | Common Stock | M | 115388 | — | Acquired | 143925 | Direct |
| 2025-01-21 | Common Stock | S | 36838 | $4.67 | Disposed | 107087 | Direct |
Derivative Transactions
| Date | Security | Exercise Price | Code | Shares | A/D | Expiration | Underlying | Ownership |
|---|---|---|---|---|---|---|---|---|
| 2025-01-20 | Restricted Stock Units | $ | M | 8888 | Disposed | Common Stock (8888) | Direct | |
| 2025-01-20 | Restricted Stock Units | $ | M | 37079 | Disposed | Common Stock (37079) | Direct | |
| 2025-01-20 | Restricted Stock Units | $ | M | 69421 | Disposed | Common Stock (69421) | Direct |
Footnotes
F1: Represents the partial vesting and settlement of Restricted Stock Units ("RSUs") on January 20, 2025.
F2: Each RSU represents a contingent right to receive one share of the Issuer's Common Stock.
F3: The sales were effected pursuant to a Rule 10b5-1 plan adopted on August 2, 2024. The transaction was a sell-to-cover, with shares only sold to cover tax withholding obligations in connection with the vesting and settlement of RSUs. The Reporting Person did not sell or otherwise dispose of shares reported on this Form 4 for any reason other than to cover required taxes and fees.
F4: On January 20, 2023 the Reporting Person was granted RSUs, which vest in three substantially equal annual installments beginning on January 20, 2024, subject to the Reporting Person's continued service to the Issuer through the applicable vesting dates.
F5: On April 18, 2024 the Reporting Person was granted RSUs, which vest in three substantially equal annual installments beginning on January 20, 2025, subject to the Reporting Person's continued service to the Issuer through the applicable vesting dates.
F6: On August 22, 2024 the Reporting Person was granted RSUs, which vest in three substantially equal annual installments beginning on January 20, 2025, subject to the Reporting Person's continued service to the Issuer through the applicable vesting dates.