Matthew Norkunas - Oct 15, 2023 Form 4 Insider Report for Generation Bio Co. (GBIO)

Role
CHIEF FINANCIAL OFFICER
Signature
/s/ Benjamin Waters, Attorney-in-Fact
Stock symbol
GBIO
Transactions as of
Oct 15, 2023
Transactions value $
-$8,667
Form type
4
Date filed
10/17/2023, 06:00 PM
Previous filing
Jul 18, 2023
Next filing
Dec 5, 2023

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction GBIO Common Stock Options Exercise +7.44K +22.2% 40.9K Oct 15, 2023 Direct F1
transaction GBIO Common Stock Tax liability -$7.07K -2.18K -5.33% $3.24 38.8K Oct 15, 2023 Direct
transaction GBIO Common Stock Options Exercise +1.67K +4.32% 40.4K Oct 15, 2023 Direct F1
transaction GBIO Common Stock Tax liability -$1.59K -492 -1.22% $3.24 39.9K Oct 15, 2023 Direct

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 GBIO Restricted Stock Units Options Exercise $0 -7.44K -50% $0.00 7.44K Oct 15, 2023 Common Stock 7.44K Direct F1, F2
transaction GBIO Restricted Stock Units Options Exercise $0 -1.67K -16.67% $0.00 8.37K Oct 15, 2023 Common Stock 1.67K Direct F1, F3
* 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 the right to receive one share of the company's common stock.
F2 On January 21, 2022, the reporting person was granted 59,500 restricted stock units. The shares underlying the restricted stock units vest over two years, with 25% of the shares vested on July 15, 2022 and the remaining shares vesting in equal quarterly installments thereafter.
F3 On January 20, 2023, the reporting person was granted 13,388 restricted stock units. The shares underlying the restricted stock units vest over two years, with 25% of the shares vested on July 15, 2023 and the remaining shares vesting in equal quarterly installments thereafter.