4//SEC Filing
Miljkovic Milos 4
Accession 0001062993-23-020920
CIK 0001453687other
Filed
Nov 14, 7:00 PM ET
Accepted
Nov 15, 4:40 PM ET
Size
6.6 KB
Accession
0001062993-23-020920
Insider Transaction Report
Form 4
Miljkovic Milos
Chief Medical Officer
Transactions
- Award
Stock Option (Right to Buy)
2023-11-13+2,565.872→ 2,565.872 totalExercise: $107.59Exp: 2031-09-12→ Series A Non-Voting Convertible Preferred Stock (2,565.872 underlying)
Footnotes (3)
- [F1]Option is currently exercisable for 1,282.936 shares of Series A Non-Voting Convertible Preferred Stock of the issuer ("Series A Preferred Stock") and becomes exercisable for the remaining shares in two equal tranches on September 13, 2024 and 2025.
- [F2]Following the approval by the stockholders of the issuer of the conversion of the Series A Preferred Stock into shares of common stock of the issuer ("Common Stock"), each share of Series A Preferred Stock will be convertible into 1,000 shares of Common Stock, subject to certain limitations, including that a holder of Series A Preferred Stock is prohibited from converting shares of Series Preferred Stock into shares of Common Stock if, as a result of such conversion, such holder, together with its affiliates, would beneficially own more than 19.9% of the total number of shares of Common Stock issued and outstanding immediately after giving effect to such conversion.
- [F3]On November 13, 2023, the issuer acquired Cartesian Therapeutics, Inc. ("Cartesian") in accordance with the terms of an Agreement and Plan of Merger, dated November 13, 2023. Options to purchase Cartesian common stock held by the reporting person were converted into options to purchase shares of Series A Preferred Stock in connection with the acquisition.
Issuer
Cartesian Therapeutics, Inc.
CIK 0001453687
Entity typeother
Related Parties
1- filerCIK 0002000282
Filing Metadata
- Form type
- 4
- Filed
- Nov 14, 7:00 PM ET
- Accepted
- Nov 15, 4:40 PM ET
- Size
- 6.6 KB