4//SEC Filing
REICIN ALISE 4
Accession 0001415889-24-017952
CIK 0001681087other
Filed
Jun 23, 8:00 PM ET
Accepted
Jun 24, 4:12 PM ET
Size
17.1 KB
Accession
0001415889-24-017952
Insider Transaction Report
Form 4
REICIN ALISE
DirectorChief Executive Officer
Transactions
- Award
Common Stock
2024-06-20+124,530→ 124,530 total(indirect: By Trust) - Award
Common Stock
2024-06-20+166,580→ 166,580 total - Award
Employee Stock Option (Right to Buy)
2024-06-20+33,923→ 33,923 totalExercise: $2.38Exp: 2031-06-27→ Common Stock (33,923 underlying) - Award
Employee Stock Option (Right to Buy)
2024-06-20+289,600→ 289,600 totalExercise: $16.80Exp: 2034-06-19→ Common Stock (289,600 underlying) - Award
Employee Stock Option (Right to Buy)
2024-06-20+23,380→ 23,380 totalExercise: $5.38Exp: 2033-11-30→ Common Stock (23,380 underlying)
Footnotes (10)
- [F1]Certain of these shares are subject to vesting and a repurchase right in favor of the Issuer, as follows: (i) 2,256 shares on July 10, 2024, (ii) 2,256 shares on August 10, 2024, (iii) 2,781 shares on November 30, 2024, and (iv) 4,079 shares on December 31, 2024, subject to the Reporting Person's continued service to the Issuer on each such vesting date.
- [F10]The shares subject to the option vest as to 25% of the shares on June 20, 2025 with the remainder vesting in the following 36 equal monthly installments, subject to the Reporting Person's continued service on each such vesting date.
- [F2]Received in exchange for 311,703 shares of common stock of Tectonic Therapeutic, Inc., a Delaware corporation ("Tectonic"), pursuant to an Agreement and Plan of Merger dated as of January 30, 2024 (the "Merger Agreement") by and among AVROBIO, Inc., a Delaware corporation ("AVROBIO"), Tectonic and Alpine Merger Subsidiary, Inc., a direct, wholly owned subsidiary of AVROBIO (the "Merger Sub"). Under the terms of the Merger Agreement, on June 20, 2024, Merger Sub merged with and into Tectonic (the "Merger"), with Tectonic surviving the Merger as a wholly owned subsidiary of AVROBIO. Upon the closing of the Merger, each share of Tectonic common stock was converted into the right to receive 0.534419990 shares of the Issuer's common stock, after giving effect to a reverse stock split of the Issuer's common stock of 1-for-12. Subsequent to the Merger, the name of the Issuer was changed from AVROBIO, Inc. to Tectonic Therapeutic, Inc.
- [F3]Received in exchange for 233,019 shares of common stock of Tectonic on the same terms and conditions as set forth in footnote (2) herein.
- [F4]These shares are held by the Reicin-Boiarsky Family Trust (the "Trust"). The Reporting Person's spouse is a co-trustee of the Trust. Accordingly, the Reporting Person may be deemed to have shared voting and dispositive power over the securities held by the Trust. The Reporting Person disclaims beneficial ownership of the shares held by the Trust except to the extent of her pecuniary interest therein, and this report shall not be deemed an admission that the Reporting Person is the beneficial owner of these securities for purposes of Section 16 or for any other purpose.
- [F5]Upon the closing of the Merger, each outstanding option to purchase shares of Tectonic common stock was assumed by the Issuer and converted into an option to purchase the Issuer's common stock, on the same terms and conditions as were applicable to such Tectonic stock option prior to the Merger, as adjusted for the exchange ratio and the reverse stock split.
- [F6]The shares subject to the option vest as follows: (i) 4,079 shares on June 30, 2024; (ii) 4,078 shares on July 31, 2024, (iii) 4,078 shares on August 31, 2024, (iv) 4,079 shares on September 30, 2024, (v) 4,078 shares on October 31, 2024, (vi) 1,297 shares on November 30, 2024, (vii) 4,078 shares on January 31, 2025, (viii) 4,078 shares on February 28, 2025 and (iv) 4,078 shares on March 31, 2025, subject to the Reporting Person's continued service to the Issuer on each such vesting date.
- [F7]Received in exchange for a stock option to acquire 63,478 shares of Tectonic common stock pursuant to the Merger Agreement.
- [F8]The shares subject to the option vest in 42 equal monthly installments beginning on July 1, 2024, subject to the Reporting Person's continued service to the Issuer on each such vesting date.
- [F9]Received in exchange for a stock option to acquire 43,750 shares of Tectonic common stock pursuant to the Merger Agreement.
Documents
Issuer
Tectonic Therapeutic, Inc.
CIK 0001681087
Entity typeother
Related Parties
1- filerCIK 0001757533
Filing Metadata
- Form type
- 4
- Filed
- Jun 23, 8:00 PM ET
- Accepted
- Jun 24, 4:12 PM ET
- Size
- 17.1 KB