Lloyd P. Johnston - 02 Jan 2023 Form 4 Insider Report for SELECTA BIOSCIENCES INC (SELB)

Role
Chief Operations Officer
Signature
/s/ Matthew Bartholomae, Attorney-in-Fact for Lloyd P. Johnston
Issuer symbol
SELB
Transactions as of
02 Jan 2023
Net transactions value
$0
Form type
4
Filing time
04 Jan 2023, 16:01:59 UTC
Previous filing
07 Jan 2022
Next filing
06 Jan 2023
SEC
View on sec.gov

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction SELB Common Stock Award $0 +100,000 +57% $0.000000 275,299 02 Jan 2023 Direct F1

Derivative Securities (e.g., puts, calls, warrants, options, convertible securities)

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Underlying Class Amount Exercise Price Ownership Footnotes
transaction SELB Employee Stock Option (right to buy) Award $0 +475,000 $0.000000 475,000 02 Jan 2023 Common Stock 475,000 $1.13 Direct F2
* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id Content
F1 Each Restricted Stock Unit represents a contingent right to receive one share of common stock, which will vest as to 25% on January 2, 2024. The remainder of the underlying shares will vest in three equal annual installments thereafter so that the underlying shares will be fully vested on January 2, 2027.
F2 This option vests as to 25% on January 2, 2024. The remainder of the underlying shares will vest in 36 equal monthly installments thereafter.