Home/Filings/4/0001453687-23-000086
4//SEC Filing

DeSilva Nishan M 4

Accession 0001453687-23-000086

CIK 0001453687other

Filed

Nov 14, 7:00 PM ET

Accepted

Nov 15, 5:18 PM ET

Size

9.9 KB

Accession

0001453687-23-000086

Insider Transaction Report

Form 4
Period: 2023-11-13
Transactions
  • Disposition to Issuer

    Stock Option (Right to Buy)

    2023-11-1380,0000 total
    Exercise: $4.57Exp: 2031-06-22Common Stock (80,000 underlying)
  • Disposition to Issuer

    Stock Option (Right to Buy)

    2023-11-1340,0000 total
    Exercise: $3.31Exp: 2032-01-02Common Stock (40,000 underlying)
  • Disposition to Issuer

    Stock Option (Right to Buy)

    2023-11-13$0.93/sh75,000$69,7500 total
    Exercise: $1.13Exp: 2033-01-01Common Stock (75,000 underlying)
Footnotes (3)
  • [F1]This option, which provided for vesting in thirty-six (36) substantially equal monthly installments over three years following the date of grant on June 23, 2021, was canceled in the merger (the "Merger") between Selecta Biosciences, Inc. and Cartesian Therapeutics, Inc.
  • [F2]This option, which provided for vesting in full on January 3, 2023, was canceled in the Merger.
  • [F3]This option, which provided for vesting in full on January 2, 2024, was canceled in the Merger in exchange for a cash payment of $69,750, representing the difference between the exercise price of the option and $2.06, the Cash-out Amount as applied in the Merger.

Issuer

Cartesian Therapeutics, Inc.

CIK 0001453687

Entity typeother

Related Parties

1
  • filerCIK 0001492386

Filing Metadata

Form type
4
Filed
Nov 14, 7:00 PM ET
Accepted
Nov 15, 5:18 PM ET
Size
9.9 KB