secwatch.observer — SEC 8-K summary
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Issuer:     PRECISION BIOSCIENCES INC (DTIL)
CIK:        0001357874
Form:       8-K
Filed at:   2021-07-08T23:59:59+00:00
Accession:  0001564590-21-036081
Event type: leadership
Sentiment:  neutral
Materiality: 0.55
Item codes: 5.02, 9.01
LLM model:  deepseek-v4-flash:cloud@v2

COO David Thomson resigns, enters consulting deal with Precision BioSciences
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- David Thomson resigned as COO effective July 2, 2021.
- Entered consulting agreement from June 2 to Oct 2, 2021, at $400/hour, min $8,000/month.
- Stock options to continue vesting through consulting term; exercise extended to Jan 2, 2022.
- Agreement includes confidentiality, IP assignment, and release of claims.

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/1357874/000156459021036081/0001564590-21-036081-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/1357874/000156459021036081/dtil-8k_20210702.htm
  HTML page:      https://secwatch.observer/filing/0001564590-21-036081

License: Source filings: public domain (SEC EDGAR). Summaries (headline + bullets): CC-BY-4.0; attribute https://secwatch.observer