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4//SEC Filing

FRIEDMAN CATHY 4

Accession 0001209191-23-038437

CIK 0001806952other

Filed

Jun 19, 8:00 PM ET

Accepted

Jun 20, 4:43 PM ET

Size

8.2 KB

Accession

0001209191-23-038437

Insider Transaction Report

Form 4
Period: 2023-06-16
Transactions
  • Award

    Option (right to buy)

    2023-06-16+65,00065,000 total
    Exercise: $3.19Exp: 2033-06-15Common Stock (65,000 underlying)
Holdings
  • Common Stock

    (indirect: By Trust)
    100,000
  • Common Stock

    (indirect: By Trust)
    236,370
Footnotes (3)
  • [F1]Received in a pro-rata distribution from Lyell Investors, LLC. The Reporting Person is a trustee of MSL FBO J DUANE & C FRIEDMAN TTEE DUANE FAMILY TRUST ("Duane Family Trust") and therefore may be deemed to share the power to direct the disposition and vote of the shares held by the Duane Family Trust. The Reporting Person disclaims beneficial ownership of all shares held by Duane Family Trust except to any pecuniary interest therein.
  • [F2]The Reporting Person is a trustee of The Duane Irrevocable Trust 2020 ("Duane Irrevocable Trust") and therefore may be deemed to share the power to direct the disposition and vote of the shares held by the Duane Irrevocable Trust. The Reporting Person disclaims beneficial ownership of all shares held by Duane Irrevocable Trust except to any pecuniary interest therein.
  • [F3]The option shares shall vest on the earlier of (a) the date of the next annual meeting of the stockholders that occurs following June 16, 2023 (or the date immediately prior to such date if the Reporting Person's service as a director ends at such annual meeting due to the Reporting Person's failure to be reelected or the Reporting Person not standing for re-election); or (b) the first anniversary of June 16, 2023, subject to the Reporting Person providing continuous service through such date.

Issuer

Lyell Immunopharma, Inc.

CIK 0001806952

Entity typeother

Related Parties

1
  • filerCIK 0001411874

Filing Metadata

Form type
4
Filed
Jun 19, 8:00 PM ET
Accepted
Jun 20, 4:43 PM ET
Size
8.2 KB