ZENNER PATRICK J - 02 Jan 2024 Form 4 Insider Report for Cartesian Therapeutics, Inc. (RNAC)

Role
Director
Signature
/s/ Matthew Bartholomae, Attorney-in-Fact for Patrick Zenner
Issuer symbol
RNAC
Transactions as of
02 Jan 2024
Transactions value $
$0
Form type
4
Filing time
04 Jan 2024, 17:04:47 UTC
Previous filing
15 Nov 2023
Next filing
06 Jan 2025
SEC
View on sec.gov

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction RNAC Common Stock Award $0 +178,000 +3.22% $0 233,248 02 Jan 2024 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 RNAC Stock Option (Right to Buy) Award $0 +228,000 $0 228,000 02 Jan 2024 Common Stock 228,000 $0.6552 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 in three equal annual installments so that the underlying shares will be fully vested on January 2, 2027.
F2 This award will vest in 36 equal monthly installments, so that it shall be fully vested on January 2, 2027.