Nick Leschly - May 30, 2025 Form 4 Insider Report for bluebird bio, Inc. (BLUE)

Role
Director
Signature
/s/ Nick Leschly
Stock symbol
BLUE
Transactions as of
May 30, 2025
Transactions value $
$0
Form type
4
Date filed
6/3/2025, 05:18 PM
Previous filing
May 15, 2025

Reporting Owners (1)

Name Relationship Address Signature Signature date CIK
Leschly Nick Director C/O BLUEBIRD BIO, INC., 455 GRAND UNION BOULEVARD, SOMERVILLE /s/ Nick Leschly 2025-06-03 0001578408

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction BLUE Common Stock Disposition pursuant to a tender of shares in a change of control transaction -14.4K -92.05% 1.25K May 30, 2025 Direct F1, F2
transaction BLUE Common Stock Disposition pursuant to a tender of shares in a change of control transaction -2.28K -100% 0 May 30, 2025 Nick Leschly 2001 Trust F1, F2
transaction BLUE Common Stock Disposition pursuant to a tender of shares in a change of control transaction -6.15K -100% 0 May 30, 2025 Nick Leschly Irrevocable GST Trust of 2019 F1, F2
transaction BLUE Common Stock Disposed to Issuer -1.25K -100% 0 Jun 2, 2025 Direct F3, F4
* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Nick Leschly is no longer subject to Section 16 filing requirements. Form 4 or Form 5 obligations may continue.

Explanation of Responses:

Id Content
F1 In connection with the terms of an Agreement and Plan of Merger, dated as of February 21, 2025 (as amended, the "Merger Agreement"), by and among the Issuer, Beacon Parent Holdings, L.P. ("Parent") and Beacon Merger Sub, Inc., an indirect wholly owned subsidiary of Parent ("Purchaser"), Purchaser completed a tender offer for shares of the Issuer's Common Stock. Tendering stockholders were given the option to receive per share consideration of either (x) $3.00 in cash per share, subject to any applicable withholding taxes and without interest thereon, plus one contingent value right ("CVR") per share, representing the right to receive one contingent payment of $6.84, in cash, subject to any applicable withholding taxes and without interest thereon, upon achievement of the specified milestone or (y) $5.00 in cash per share, subject to any applicable withholding taxes and without interest thereon (collectively, the "Offer Price").
F2 (Continued from footnote 1) After completion of the tender offer, Purchaser merged with and into the Issuer (the "Merger"), effective as of June 2, 2025 (the "Effective Time"), with the Issuer continuing as the surviving entity and a wholly owned subsidiary of Parent.
F3 Pursuant to the terms of the Merger Agreement, immediately prior to the Effective Time, each time-based restricted stock unit award with respect to shares that is, at the time of determination, subject to vesting or forfeiture conditions and that is not a PSU Award (as defined below) (but including, for clarity, any PSU Award that is subject solely to service-based vesting conditions as of the Effective Time) ("RSU Award") that is outstanding as of immediately prior thereto, shall (a) accelerate and become fully vested, and (b) by virtue of the Merger automatically (except as otherwise provided in the Merger Agreement) and without any action on the part of the Issuer, Parent or the holder thereof, be canceled and terminated and converted into the right to receive
F4 (Continued from footnote 1) (i) an amount in cash equal to the product of the number of shares underlying such RSU Award immediately prior to the Effective Time and $3.00 in cash, subject to any applicable withholding taxes and without interest thereon plus (ii) one CVR with respect to each share subject to such RSU Award immediately prior to the Effective Time.