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Ownership Document
|
| Schema Version: X0508 |
| Document Type: 4 |
| Period of Report: 2/10/24 |
| Not Subject to Section 16: 0 |
| Issuer: |
| Issuer CIK: 1789769 |
| Issuer Name: Instil Bio, Inc. |
| Issuer Trading Symbol: TIL |
| Reporting Owner: |
| Reporting Owner ID: |
| | Owner CIK: 1721664 |
| | Owner Name: Laumas Sandeep |
| Reporting Owner Address: |
| | Owner Street 1: C/O INSTIL BIO, INC. |
| | Owner Street 2: 3963 MAPLE AVENUE, SUITE 350 |
| | Owner City: DALLAS |
| | Owner State: TX |
| | Owner ZIP Code: 75219 |
| | Owner State Description: |
| Reporting Owner Relationship: |
| | Is Director? No |
| | Is Officer? Yes |
| | Is Ten Percent Owner? No |
| | Is Other? No |
| | Officer Title: CFO and CBO |
| Aff 10b5 One: 0 |
| Non-Derivative Table: |
| Derivative Table: |
| Derivative Transaction: |
| | Security Title: |
| | | Value: Employee Stock Option (right to buy) |
| | Conversion or Exercise Price: |
| | | Value: 11.60 |
| | Transaction Date: |
| | | Value: 2/10/24 |
| | Transaction Coding: |
| | | Transaction Form Type: 4 |
| | | Transaction Code: A |
| | | Equity Swap Involved? No |
| | Transaction Amounts: |
| | | Transaction Shares: |
| Value: 80,000 |
| | | Transaction Price Per Share: |
| Value: 0 |
| | | Transaction Acquired-Disposed Code: |
| Value: A |
| | Exercise Date: |
| | | Footnote ID: F1 |
| | Expiration Date: |
| | | Value: 2/9/34 |
| | Underlying Security: |
| | | Underlying Security Title: |
| Value: Common Stock |
| | | Underlying Security Shares: |
| Value: 80,000 |
| | Post-Transaction Amounts: |
| | | Shares Owned Following Transaction: |
| Value: 80,000 |
| | Ownership Nature: |
| | | Direct or Indirect Ownership: |
| Value: D |
| Footnotes: |
| Footnote - F1: Twenty-five percent (25%) of the shares subject to the option vest on February 10, 2025, and the remaining shares subject to the option shall vest in thirty-six (36) equal monthly installments thereafter, subject to the Reporting Person continuing to provide service through each such date. |
| Remarks: |
| Owner Signature: |
| Signature Name: /s/ Sandeep Laumas, M.D. |
| Signature Date: 2/13/24 |
