AI assistant
Cartesian Therapeutics, Inc. — Director's Dealing 2024
Nov 22, 2024
33483_dirs_2024-11-21_41023325-ad71-4e18-835a-4d79f643c0cb.zip
Director's Dealing
Open in viewerOpens in your device viewer
SEC Form 4 — Statement of Changes in Beneficial Ownership
Issuer: Cartesian Therapeutics, Inc. (RNAC)
CIK: 0001453687
Period of Report: 2024-11-19
Reporting Person: Kurtoglu Metin (Chief Technology Officer)
Non-Derivative Transactions
| Date | Security | Code | Shares | Price | A/D | Holdings After | Ownership |
|---|---|---|---|---|---|---|---|
| 2024-11-19 | Common Stock | M | 200 | $1.41 | Acquired | 51233 | Direct |
| 2024-11-19 | Common Stock | S | 200 | $19.50 | Disposed | 51033 | Direct |
| 2024-11-20 | Common Stock | M | 5700 | $1.41 | Acquired | 56733 | Direct |
| 2024-11-20 | Common Stock | S | 5600 | $17.2787 | Disposed | 51133 | Direct |
| 2024-11-20 | Common Stock | S | 100 | $18.09 | Disposed | 51033 | Direct |
| 2024-11-21 | Common Stock | M | 32789 | $1.41 | Acquired | 83822 | Direct |
| 2024-11-21 | Common Stock | S | 32789 | $16.669 | Disposed | 51033 | Direct |
Derivative Transactions
| Date | Security | Exercise Price | Code | Shares | A/D | Expiration | Underlying | Ownership |
|---|---|---|---|---|---|---|---|---|
| 2024-11-19 | Stock Option (Right to Buy) | $1.41 | M | 200 | Disposed | 2026-11-06 | Common Stock (200) | Direct |
| 2024-11-20 | Stock Option (Right to Buy) | $1.41 | M | 5700 | Disposed | 2026-11-06 | Common Stock (5700) | Direct |
| 2024-11-21 | Stock Option (Right to Buy) | $1.41 | M | 32789 | Disposed | 2026-11-06 | Common Stock (32789) | Direct |
Footnotes
F1: The price reported is a weighted average price. The shares were sold in multiple transactions at per share prices ranging from $17.01 to $17.98. The Reporting Person undertakes to provide upon request to the SEC staff, the Issuer, or any stockholder of the Issuer, full information regarding the number of shares sold at each separate price within the range set forth in this footnote.
F2: The price reported is a weighted average price. The shares were sold in multiple transactions at per share prices ranging from $16.50 to $17.42. The Reporting Person undertakes to provide upon request to the SEC staff, the Issuer, or any stockholder of the Issuer, full information regarding the number of shares sold at each separate price within the range set forth in this footnote.
F3: The option was fully vested and exercisable upon the closing of the merger described in footnote 4.
F4: On November 13, 2023, the Issuer acquired the private Delaware corporation which was then known as Cartesian Therapeutics, Inc. ("Old Cartesian") in accordance with the terms of an Agreement and Plan of Merger, dated November 13, 2023. Options to purchase Old Cartesian common stock held by the reporting person were converted into options to purchase shares of the Issuer's Series A Preferred Stock in connection with the merger. On April 8, 2024, these options previously exercisable for shares of Series A Preferred Stock became exercisable solely for shares of the Issuer's Common Stock.