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ADPT Adaptive Biotechnologies Corporation

2.75
0.00 (0.00%)
After Hours
Last Updated: 23:59:59
Delayed by 15 minutes
Share Name Share Symbol Market Type
Adaptive Biotechnologies Corporation NASDAQ:ADPT NASDAQ Common Stock
  Price Change % Change Share Price Bid Price Offer Price High Price Low Price Open Price Shares Traded Last Trade
  0.00 0.00% 2.75 2.60 2.75 2.80 2.615 2.73 1,508,837 23:59:59

Statement of Changes in Beneficial Ownership (4)

12/11/2021 10:01pm

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
                                                                                  
OMB APPROVAL
OMB Number: 3235-0287
Estimated average burden
hours per response...
0.5                       
Filed pursuant to Section 16(a) of the Securities Exchange Act of 1934 or Section 30(h) of the Investment Company Act of 1940
                      

1. Name and Address of Reporting Person *

Cohen Chad M
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)
Chief Financial Officer
(Last)          (First)          (Middle)

C/O ADAPTIVE BIOTECHNOLOGIES CORP., 1165 EASTLAKE AVENUE E
3. Date of Earliest Transaction (MM/DD/YYYY)

11/9/2021
(Street)

SEATTLE, WA 98109
(City)        (State)        (Zip)
4. If Amendment, Date Original Filed (MM/DD/YYYY)

 
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 11/9/2021  M(1)  5000 A$7.27 26604 D  
Common Stock 11/9/2021  S(1)  5000 D$36.03 (2)21604 D  
Common Stock 11/10/2021  M(1)  5000 A$7.27 26604 D  
Common Stock 11/10/2021  S(1)  5000 D$33.93 (3)21604 D  

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 Security3. Trans. Date3A. Deemed Execution Date, if any4. 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 Date7. 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)
CodeV(A)(D)Date ExercisableExpiration DateTitleAmount or Number of Shares
Stock Option (Right to Buy) $7.27 11/9/2021  M (1)    5000   (4)2/7/2029 Common Stock 5000 $0.00 95000 D  
Stock Option (Right to Buy) $7.27 11/10/2021  M (1)    5000   (4)2/7/2029 Common Stock 5000 $0.00 90000 D  

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 16, 2020.
(2) The price reported for this transaction is a weighted-average price. The shares were sold in multiple transactions ranging from $35.54 to 36.43, 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 $33.74 to 34.24, inclusive.
(4) The options vested with respect to 1/4 of such shares on January 1, 2020, 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
Director10% OwnerOfficerOther
Cohen Chad M
C/O ADAPTIVE BIOTECHNOLOGIES CORP.
1165 EASTLAKE AVENUE E
SEATTLE, WA 98109


Chief Financial Officer

Signatures
/s/ Chad Cohen by Eric Billings, Attorney-in-Fact11/12/2021
**Signature of Reporting PersonDate

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