Heather Turner - Jun 16, 2021 Form 3 Insider Report for Lyell Immunopharma, Inc. (LYEL)

Role
Chief General Counsel
Signature
/s/ Heather D. Turner
Stock symbol
LYEL
Transactions as of
Jun 16, 2021
Transactions value $
$0
Form type
3
Date filed
6/16/2021, 07:24 PM
Next filing
Mar 18, 2022

Derivative Securities (e.g., puts, calls, warrants, options, convertible securities)

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Underlying Class Amount Exercise Price Ownership Footnotes
holding LYEL Option (right to buy) Jun 16, 2021 Common Stock 500K $3.65 Direct F1
holding LYEL Option (right to buy) Jun 16, 2021 Common Stock 165K $3.65 Direct F2
holding LYEL Option (right to buy) Jun 16, 2021 Common Stock 550K $5.96 Direct F3
* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id Content
F1 1/4 of the option shares vested on April 1, 2020, with the remaining option shares to vest in equal monthly installments over the following thirty-six months.
F2 The shares vest in equal monthly installments over the forty-eight months following February 1, 2020.
F3 The shares vest in equal monthly installments over the forty-eight months following December 1, 2020.