Cho James 4

4 · Gritstone bio, Inc. · Filed Apr 8, 2025

Form 4

Period: 2025-04-04

SVP, CHIEF ACCOUNTING OFFICER

Transactions

Other
Stock Option (Right to Buy)
2025-04-04−65,400→ 0 total
Exercise: $0.96Exp: 2034-05-02→ Common Stock (65,400 underlying)
Other
Stock Option (Right to Buy)
2025-04-04−26,300→ 0 total
Exercise: $5.46Exp: 2022-01-30→ Common Stock (26,300 underlying)
Other
Stock Option (Right to Buy)
2025-04-04−40,000→ 0 total
Exercise: $7.14Exp: 2029-11-12→ Common Stock (40,000 underlying)
Other
Common Stock
2025-04-04−155,123→ 0 total
Other
Stock Option (Right to Buy)
2025-04-04−109,000→ 0 total
Exercise: $2.46Exp: 2034-01-31→ Common Stock (109,000 underlying)
Other
Stock Option (Right to Buy)
2025-04-04−25,000→ 0 total
Exercise: $13.87Exp: 2031-03-07→ Common Stock (25,000 underlying)

Footnotes (6)

[F1]Pursuant to the Issuer's Second Modified Plan of Reorganization pursuant to Chapter 11 of the Bankruptcy Code, which was confirmed by the United States Bankruptcy Court for the District of Delaware on April 3, 2025 and became effective on April 4, 2025, each share of the Issuer's common stock and options to purchase the Issuer's common stock outstanding prior to the Issuer's emergence from bankruptcy were cancelled for no value.
[F2]Includes 122,515 unvested restricted stock units.
[F3]The option vests as to 1/24th of the total grant monthly beginning February 1, 2024 until such time as the option is 100% vested, subject to the continued service of the Reporting Person on each vesting date.
[F4]The option vests as to 1/2 of the total grant on September 30, 2024, with the remainder of grant vesting on July 31, 2025, subject to the continued service of the Reporting Person on each vesting date.
[F5]One forty-eighth (1/48th) of the shares initially subject to the option will vest on each monthly anniversary measured from January 31, 2022 (the "Vesting Commencement Date"), so that 100% of the shares subject to the option will be fully vested and exercisable as of the fourth anniversary of the Vesting Commencement Date, subject to the Reporting Person's continued service through each vesting date.
[F6]The options are fully vested.

Documents

1 file