Home/Filings/4/0001453687-23-000089
4//SEC Filing

Davis Blaine 4

Accession 0001453687-23-000089

CIK 0001453687other

Filed

Nov 14, 7:00 PM ET

Accepted

Nov 15, 5:26 PM ET

Size

5.7 KB

Accession

0001453687-23-000089

Insider Transaction Report

Form 4
Period: 2023-11-13
Davis Blaine
Chief Financial Officer
Transactions
  • Disposition to Issuer

    Employee Stock Option (right to buy)

    2023-11-13$0.79/sh1,250,000$987,5000 total
    Exercise: $1.27Exp: 2032-11-27Common Stock (1,250,000 underlying)
Footnotes (1)
  • [F1]This option, which provided for vesting as to 25% on November 28, 2023 with the remainder of the underlying shares vesting in 36 equal monthly installments thereafter, was canceled in the merger (the "Merger") between Selecta Biosciences, Inc. and Cartesian Therapeutics, Inc., in exchange for a cash payment of $987,500, 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 0001802188

Filing Metadata

Form type
4
Filed
Nov 14, 7:00 PM ET
Accepted
Nov 15, 5:26 PM ET
Size
5.7 KB