Key facts
- This page summarizes Christian Cortis's Form 4 filing for Tectonic Therapeutic, Inc. (TECX).
- 3 reported transactions and 2 derivative rows are listed below.
- Accepted by SEC: 24 Jun 2024, 16:16.
Christian Cortis - 20 Jun 2024 Form 4 Insider Report for Tectonic Therapeutic, Inc. (TECX)
- Reporting relationship
- Chief Operating Officer
- Issuer ticker
- TECX
- Reported as of
- 20 Jun 2024
- Net transaction value
- $0
- Reporting owner signature
- /s/ Daniel Lochner, Attorney-in-Fact
Source evidence
Original filing metadata and source links for verification.
3 source fields
Reporting owner
1 detail
Key filing fact
Christian Cortis filed Form 4 for Tectonic Therapeutic, Inc. (TECX) on 24 Jun 2024.
Change
- No earlier filing in this sequence is available for direct comparison.
- Current net transaction value: $0.
Research use
- This tells you what this filing adds before you inspect full transaction and derivative tables.
- You can trace every row back to the original SEC filing document.
Evidence
Filed on Form 4
View source filing
Ownership activity is grounded in SEC Form 4 disclosures.
Reported non-derivative transactions
Shares, units, or other non-derivative securities reported in this filing.
TECX
transaction
Common Stock
Award
- Transaction value
- Shares
- +126,368
- Change %
- Price
- Shares after
- 126,368
- Date
- 20 Jun 2024
- Ownership
- Direct
- Footnotes
- F1
Reported derivative securities
Options, warrants, convertible securities, or similar derivative positions disclosed in the filing.
TECX
transaction
Derivative
Employee Stock Option (Right to Buy)
Award
- Transaction value
- Shares
- +56,061
- Change %
- Price
- Shares after
- 56,061
- Date
- 20 Jun 2024
- Ownership
- Direct
- Underlying class
- Common Stock
- Underlying amount
- 56,061
- Exercise price
- $2.38
- Footnotes
- F2, F3, F4
TECX
transaction
Derivative
Employee Stock Option (Right to Buy)
Award
- Transaction value
- Shares
- +18,704
- Change %
- Price
- Shares after
- 18,704
- Date
- 20 Jun 2024
- Ownership
- Direct
- Underlying class
- Common Stock
- Underlying amount
- 18,704
- Exercise price
- $5.38
- Footnotes
- F2, F5, F6
* marks a reported price that did not pass the local price check.
Additional SEC filing notes
Filing notes and footnotes
Explanation of responses 6 footnotes
Footnote F1
Received in exchange for 236,458 shares of common stock of Tectonic Therapeutic, Inc., a Delaware corporation ("Tectonic"), pursuant to an Agreement and Plan of Merger dated as of January 30, 2024 (the "Merger Agreement") by and among AVROBIO, Inc., a Delaware corporation ("AVROBIO"), Tectonic and Alpine Merger Subsidiary, Inc., a direct, wholly owned subsidiary of AVROBIO (the "Merger Sub"). Under the terms of the Merger Agreement, on June 20, 2024, Merger Sub merged with and into Tectonic (the "Merger"), with Tectonic surviving the Merger as a wholly owned subsidiary of AVROBIO. Upon the closing of the Merger, each share of Tectonic common stock was converted into the right to receive 0.534419990 shares of the Issuer's common stock, after giving effect to a reverse stock split of the Issuer's common stock of 1-for-12. Subsequent to the Merger, the name of the Issuer was changed from AVROBIO, Inc. to Tectonic Therapeutic, Inc.
Footnote F2
Upon the closing of the Merger, each outstanding option to purchase shares of Tectonic common stock was assumed by the Issuer and converted into an option to purchase the Issuer's common stock, on the same terms and conditions as were applicable to such Tectonic stock option prior to the Merger, as adjusted for the exchange ratio and the reverse stock split.
Footnote F3
22,508 shares subject to the option are fully vested. The remaining shares subject to the option vest in 10 equal monthly installments beginning on June 30, 2024, such that the option will be fully vested on March 31, 2025, subject to the Reporting Person's continued service to the Issuer on each such vesting date.
Footnote F4
Received in exchange for a stock option to acquire 104,901 shares of Tectonic common stock pursuant to the Merger Agreement.
Footnote F5
The shares subject to the option vest in 48 equal monthly installments beginning on December 1, 2023, subject to the Reporting Person's continued service to the Issuer on each such vesting date.
Footnote F6
Received in exchange for a stock option to acquire 35,000 shares of Tectonic common stock pursuant to the Merger Agreement.