0001415889-24-017992.txt : 20240624
0001415889-24-017992.hdr.sgml : 20240624
20240624163233
ACCESSION NUMBER: 0001415889-24-017992
CONFORMED SUBMISSION TYPE: 4
PUBLIC DOCUMENT COUNT: 1
CONFORMED PERIOD OF REPORT: 20240620
FILED AS OF DATE: 20240624
DATE AS OF CHANGE: 20240624
REPORTING-OWNER:
OWNER DATA:
COMPANY CONFORMED NAME: Tipirneni Praveen P.
CENTRAL INDEX KEY: 0001779978
ORGANIZATION NAME:
FILING VALUES:
FORM TYPE: 4
SEC ACT: 1934 Act
SEC FILE NUMBER: 001-38537
FILM NUMBER: 241064819
MAIL ADDRESS:
STREET 1: C/O MORPHIC HOLDING, INC.,
STREET 2: 35 GATEHOUSE DRIVE, A2
CITY: WALTHAM
STATE: MA
ZIP: 02451
ISSUER:
COMPANY DATA:
COMPANY CONFORMED NAME: Tectonic Therapeutic, Inc.
CENTRAL INDEX KEY: 0001681087
STANDARD INDUSTRIAL CLASSIFICATION: BIOLOGICAL PRODUCTS (NO DIAGNOSTIC SUBSTANCES) [2836]
ORGANIZATION NAME: 03 Life Sciences
IRS NUMBER: 810710585
STATE OF INCORPORATION: DE
FISCAL YEAR END: 1231
BUSINESS ADDRESS:
STREET 1: 490 ARSENAL WAY
STREET 2: SUITE 210
CITY: WATERTOWN
STATE: MA
ZIP: 02472
BUSINESS PHONE: (339) 666-3320
MAIL ADDRESS:
STREET 1: 490 ARSENAL WAY
STREET 2: SUITE 210
CITY: WATERTOWN
STATE: MA
ZIP: 02472
FORMER COMPANY:
FORMER CONFORMED NAME: AVROBIO, Inc.
DATE OF NAME CHANGE: 20180131
FORMER COMPANY:
FORMER CONFORMED NAME: AvroBio, Inc.
DATE OF NAME CHANGE: 20160729
4
1
form4-06242024_080630.xml
X0508
4
2024-06-20
0001681087
Tectonic Therapeutic, Inc.
TECX
0001779978
Tipirneni Praveen P.
C/O TECTONIC THERAPEUTIC, INC.
490 ARSENAL WAY, SUITE 210
WATERTOWN
MA
02472
true
false
false
false
0
Common Stock
2024-06-20
4
A
0
3037
A
3037
D
Stock Option (Right to Buy)
2.38
2024-06-20
4
A
0
12166
A
2031-06-27
Common Stock
12166
12166
D
Stock Option (Right to Buy)
16.80
2024-06-20
4
A
0
11760
0
A
2034-06-19
Common Stock
11760
11760
D
Received in exchange for 5,682 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.
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.
The shares subject to the option vest as to 25% of the shares on February 12, 2021 with the remainder vesting in the following 36 equal monthly installments, subject to the Reporting Person's continued service on each such vesting date
Received in exchange for a stock option to acquire 22,765 shares of Tectonic common stock pursuant to the Merger Agreement.
1/3rd of the shares subject to the option will vest on June 20, 2025, and the balance will vest in equal monthly installments thereafter over the next 24 months, subject in each case to the continuous service of the Reporting Person to the Issuer through the applicable vesting date.
/s/ Daniel Lochner, Attorney-in-Fact
2024-06-24