Daniel Gruskin - May 19, 2021 Form 3 Insider Report for LogicBio Therapeutics, Inc. (LOGC)

Role
Chief Medical Officer
Signature
/s/ Jonathan Quick, as Attorney-in-Fact
Stock symbol
LOGC
Transactions as of
May 19, 2021
Transactions value $
$0
Form type
3
Date filed
5/20/2021, 08:33 PM
Next filing
Aug 10, 2021

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
holding LOGC Employee Stock Option (Right to buy) May 19, 2021 Common Stock 85K $7.92 Direct F1
holding LOGC Employee Stock Option (Right to buy) May 19, 2021 Common Stock 156K $7.76 Direct F2
holding LOGC Restricted Stock Units May 19, 2021 Common Stock 4.8K $0.00 Direct F3, F4
* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id Content
F1 The options were granted by the Issuer pursuant to its 2018 Equity Incentive Plan. The options will vest over four years: 25% of the options will vest on the August 6, 2021 with the remaining 75% vesting in equal monthly installments thereafter, subject to the reporting person's continued service with the Issuer on each vesting date.
F2 The options were granted by the Issuer pursuant to its 2018 Equity Incentive Plan. The options will vest over four years: 25% of the options will vest on January 1, 2022 with the remaining 75% vesting in equal monthly installments thereafter, subject to the reporting person's continued service with the Issuer on each vesting date.
F3 Each restricted stock unit ("RSU") represents a contingent right to receive one share of the Issuer's common stock.
F4 The RSUs will fully vest on August 6, 2021, subject to the terms and conditions of the award and the Issuer's 2018 Equity Incentive Plan; provided, that if the reporting person's employment is terminated by the Issuer without "cause" or by the reporting person for "good reason" (as defined in the reporting person's employment agreement) prior to August 6, 2021, all such RSUs will vest on the date of termination.