Statement of Changes in Beneficial Ownership (4)
October 28 2020 - 07:00PM
Edgar (US Regulatory)
FORM 4
[ ]
Check this box if no longer subject to Section 16. Form 4 or Form 5
obligations may continue. See Instruction 1(b).
UNITED STATES SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549
STATEMENT OF CHANGES IN BENEFICIAL
OWNERSHIP OF SECURITIES
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OMB
APPROVAL
OMB Number: 3235-0287
Estimated average burden
hours per response... 0.5 |
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Filed pursuant to Section 16(a) of the
Securities Exchange Act of 1934 or Section 30(h) of the Investment
Company Act of 1940
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1. Name
and Address of Reporting Person * Taylor Stacy L |
2. Issuer Name and Ticker or Trading
Symbol Adaptive Biotechnologies Corp [ ADPT ] |
5. Relationship of Reporting Person(s) to Issuer
(Check all applicable)_____
Director _____
10% Owner
__X__ Officer (give title
below) _____ Other
(specify below)
SVP and General Counsel |
(Last)
(First)
(Middle)
C/O ADAPTIVE BIOTECHNOLOGIES, 1551 EASTLAKE AVE E STE
200 |
3. Date of Earliest Transaction (MM/DD/YYYY)
10/26/2020
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(Street)
SEATTLE, WA 98102
(City)
(State)
(Zip)
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4. If Amendment, Date Original Filed
(MM/DD/YYYY)
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6. Individual or Joint/Group Filing
(Check Applicable Line) _X _ Form filed by One Reporting Person
___ Form filed by More than One Reporting Person |
Table I - Non-Derivative Securities Acquired, Disposed of, or
Beneficially Owned
|
1.Title of Security
(Instr. 3) |
2. Trans. Date |
2A. Deemed Execution Date, if any |
3. Trans. Code
(Instr. 8) |
4. Securities Acquired (A) or Disposed of (D)
(Instr. 3, 4 and 5) |
5. Amount of Securities Beneficially Owned Following
Reported Transaction(s)
(Instr. 3 and 4) |
6. Ownership Form: Direct (D) or Indirect (I)
(Instr. 4) |
7. Nature of Indirect Beneficial Ownership (Instr.
4) |
Code |
V |
Amount |
(A) or (D) |
Price |
Common Stock |
10/26/2020 |
|
M(1) |
|
1110 |
A |
$7.80 |
2410 |
D |
|
Common Stock |
10/26/2020 |
|
M(1) |
|
1770 |
A |
$6.55 |
4180 |
D |
|
Common Stock |
10/26/2020 |
|
S(1) |
|
618 |
D |
$49.11 (2) |
3562 |
D |
|
Common Stock |
10/26/2020 |
|
S(1) |
|
2262 |
D |
$49.96 (3) |
1300 |
D |
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Table II - Derivative Securities Beneficially Owned
(e.g., puts, calls, warrants, options, convertible
securities)
|
1. Title of Derivate Security
(Instr. 3) |
2. Conversion or Exercise Price of Derivative
Security |
3. Trans. Date |
3A. Deemed Execution Date, if any |
4. Trans. Code
(Instr. 8) |
5. Number of Derivative Securities Acquired (A) or
Disposed of (D)
(Instr. 3, 4 and 5) |
6. Date Exercisable and Expiration Date |
7. Title and Amount of Securities Underlying
Derivative Security
(Instr. 3 and 4) |
8. Price of Derivative Security
(Instr. 5) |
9. Number of derivative Securities Beneficially
Owned Following Reported Transaction(s) (Instr. 4) |
10. Ownership Form of Derivative Security: Direct
(D) or Indirect (I) (Instr. 4) |
11. Nature of Indirect Beneficial Ownership (Instr.
4) |
Code |
V |
(A) |
(D) |
Date Exercisable |
Expiration Date |
Title |
Amount or Number of Shares |
Stock Option (Right to Buy) |
$7.80 |
10/26/2020 |
|
M (1) |
|
|
1110 |
(4) |
4/23/2029 |
Common Stock |
1110 |
$0.00 |
35035 |
D |
|
Stock Option (Right to Buy) |
$6.55 |
10/26/2020 |
|
M (1) |
|
|
1770 |
(5) |
4/24/2028 |
Common Stock |
1770 |
$0.00 |
30105 |
D |
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Explanation of
Responses: |
(1) |
The transactions reported in
this Form 4 were effected pursuant to a Rule 10b5-1 trading plan
adopted by the reporting person on November 22, 2019. |
(2) |
The price reported for this
transaction is a weighted-average price. The shares were sold in
multiple transactions ranging from $48.64 to 49.36, inclusive. The
reporting person undertakes to provide to Adaptive Biotechnologies
Corporation, any security holder of Adaptive Biotechnologies
Corporation, or the staff of the Securities and Exchange
Commission, upon request, full information regarding the number of
shares sold at each separate price within the ranges set forth in
any footnotes to this Form 4. |
(3) |
The price reported for this
transaction is a weighted-average price. The shares were sold in
multiple transactions ranging from $49.41 to 50.39,
inclusive. |
(4) |
The options vested with
respect to 1/4 of such shares on April 23, 2020, with 1/48 of such
shares vesting thereafter at the end of each full month of
continuous service until fully vested. |
(5) |
The options vested with
respect to 1/4 of such shares on March 12, 2019, with 1/48 of such
shares vesting thereafter at the end of each full month of
continuous service until fully vested. |
Reporting
Owners
|
Reporting Owner Name / Address |
Relationships
|
Director |
10% Owner |
Officer |
Other |
Taylor Stacy L
C/O ADAPTIVE BIOTECHNOLOGIES
1551 EASTLAKE AVE E STE 200
SEATTLE, WA 98102 |
|
|
SVP and General Counsel |
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Signatures
|
/s/ Stacy L. Taylor by Eric Billings as
attorney-in-fact |
|
10/28/2020 |
**Signature of Reporting
Person |
Date |