Sumita Ray - May 3, 2022 Form 3 Insider Report for Instil Bio, Inc. (TIL)

Role
Chief Legal and Admin Officer
Signature
/s/ Sandeep Laumas, M.D. Attorney-in-Fact for Sumita Ray, J.D.
Stock symbol
TIL
Transactions as of
May 3, 2022
Transactions value $
$0
Form type
3
Date filed
5/3/2022, 05:01 PM
Previous filing
Mar 7, 2022
Next filing
Jun 24, 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 TIL Employee Stock Option (right to buy) May 3, 2022 Common Stock 425K $8.40 Direct F1
* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id Content
F1 Twenty-five percent (25%) of the shares subject to the option vest on April 18, 2023, and the remaining shares subject to the option vested or shall vest in thirty-six (36) equal monthly installments thereafter, subject to the Reporting Person continuing to provide service through each such date.

Remarks:

Exhibit List - Exhibit 24 - Power of Attorney