Nick Leschly - 01 Mar 2022 Form 4 Insider Report for 2seventy bio, Inc. (TSVT)

Signature
/s/ Teresa Jurgensen, Attorney-in-Fact
Issuer symbol
TSVT
Transactions as of
01 Mar 2022
Net transactions value
$0
Form type
4
Filing time
05 May 2022, 20:36:58 UTC
Previous filing
12 Jan 2022
Next filing
22 Mar 2022

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction TSVT Common Stock Award $0 +133,500 +24% $0.000000 690,388 01 Mar 2022 Direct F1
holding TSVT Common Stock 15,233 01 Mar 2022 Nick Leschly 2001 Trust
holding TSVT Common Stock 41,000 01 Mar 2022 Nick Leschly Irrevocable GST Trust of 2019

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 TSVT Stock Option (Right to buy) Award $0 +267,000 $0.000000 267,000 01 Mar 2022 Common Stock 267,000 $13.41 Direct F2
* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id Content
F1 Restricted stock unit awards vest over a four-year period at the rate of 25% on 01/01/2023, 25% on 01/01/2024, 25% on 01/01/2025, and 25% on 01/01/2026.
F2 This stock option vests over a four-year period at the rate of 25% on 01/01/2023 and then in 36 equal monthly installments thereafter.