MACKAY GEOFFREY 4
4 · AVROBIO, Inc. · Filed Jan 26, 2023
Insider Transaction Report
Form 4
AVROBIO, Inc.AVRO
MACKAY GEOFFREY
DirectorSee Remarks
Transactions
- Gift
Common Stock
2022-12-28+245,123→ 445,123 total(indirect: By Trust) - Exercise/Conversion
Stock Option (Right to Buy)
2023-01-24−45,999→ 0 totalExercise: $0.91Exp: 2027-06-12→ Common Stock (45,999 underlying) - Gift
Common Stock
2022-12-28−245,123→ 142,013 total - Exercise/Conversion
Common Stock
2023-01-24$0.91/sh+45,999$41,859→ 188,012 total
Holdings
- 72,604(indirect: By daughter of reporting person)
Common Stock
- 72,604(indirect: By son of reporting person)
Common Stock
Footnotes (3)
- [F1]This transaction was a bona fide gift of common stock to The Geoff R. MacKay Irrevocable Trust. The reporting person disclaims beneficial ownership of the securities reported herein except to the extent of his pecuniary interest therein, if any, and this report shall not be deemed an admission that the reporting person is the beneficial owner of the securities for purposes of Section 16 of the Securities Exchange Act of 1934, as amended, or for any other purpose.
- [F2]The shares were previously held in a custodial account for the Reporting Person's son, established pursuant to the Uniform Transfers to Minors Act ("UTMA"), for which the Reporting Person served as custodian. The shares have since been distributed to the Reporting Person's son, as required by the terms of the account upon the son attaining the age of 21. 54,453 shares were subsequently transferred to the Mac C. MacKay Irrevocable Trust on December 30, 2022.
- [F3]25% of the shares vested on June 13, 2018, and the remaining 75% vested in equal monthly installments thereafter over a three-year period.