Marc Schwabish - 09 Dec 2024 Form 4 Insider Report for Tectonic Therapeutic, Inc. (TECX)

Signature
/s/ Daniel Lochner, Attorney-in-Fact
Issuer symbol
TECX
Transactions as of
09 Dec 2024
Net transactions value
+$4,760
Form type
4
Filing time
11 Dec 2024, 16:21:49 UTC
Previous filing
24 Jun 2024
Next filing
29 Jan 2025

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction TECX Common Stock Options Exercise $4,760 +2,000 $2.38 2,000 09 Dec 2024 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 TECX Employee Stock Option (Right to Buy) Options Exercise -2,000 -2.2% 89,214 09 Dec 2024 Common Stock 2,000 $2.38 Direct F1, F2
* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id Content
F1 The shares subject to the option vest as to 25% of the shares on March 15, 2022 with the remainder vesting in the following 36 equal monthly installments, subject to the Reporting Person's continued service on each such vesting date.
F2 Received in exchange for a stock option to acquire 170,679 shares of common stock pursuant to that certain merger, as more fully described on the Reporting Person's Form 4 filed with the Securities and Exchange Commission on June 24, 2024. https://www.sec.gov/Archives/edgar/data/1681087/000141588924017972/xslF345X05/form4-06242024_080616.xml