Sec Form 3 Filing - Chiang Kyle @ LogicBio Therapeutics, Inc. - 2020-11-02

Insider filing report for Changes in Beneficial Ownership
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FORM 3
Check this box if no longer subject to Section 16. Form 4 or Form 5 obligations may continue. See Instruction 1(b).
UNITED STATES SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549
STATEMENT OF CHANGES IN BENEFICIAL OWNERSHIP
Filed pursuant to Section 16(a) of the Securities Exchange Act of 1934, Section 17(a) of the Public Utility Holding Company Act of 1935 or Section 30(h) of the Investment Company Act of 1940
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1. Name and Address of Reporting Person
Chiang Kyle
2. Issuer Name and Ticker or Trading Symbol
LogicBio Therapeutics, Inc. [ LOGC]
5. Relationship of Reporting Person(s) to Issuer
(Check all applicable)
_____ Director _____ 10% Owner
X __ Officer (give title below) _____ Other (specify below)
Chief Operating Officer
(Last) (First) (Middle)
C/O LOGICBIO THERAPEUTICS, INC., 65 HAYDEN AVE, FLOOR 2
3. Date of Earliest Transaction (MM/DD/YY)
11/02/2020
(Street)
LEXINGTON, MA02421
4. If Amendment, Date Original Filed (MM/DD/YY)
6. Individual or Joint/Group Filing (Check Applicable Line)
__ X __ Form filed by One Reporting Person
_____ Form filed by More than One Reporting Person
(City) (State) (Zip)
Table I - Non-Derivative Securities Acquired, Disposed of, or Beneficially Owned
1.Title of Security
(Instr. 3)
2. Transaction Date (MM/DD/YY) 2A. Deemed Execution Date, if any (MM/DD/YY) 3. Transaction Code
(Instr. 8)
4. Securities Acquired (A) or Disposed of (D)
(Instr. 3, 4 and 5)
5. Amount of Securities Beneficially Owned Following Reported Transaction(s)
(Instr. 3 and 4)
6. Ownership Form: Direct (D) or Indirect (I)
(Instr. 4)
7. Nature of Indirect Beneficial Ownership
(Instr. 4)
Code V Amount (A) or (D) Price
Common Stock 17,004 D
Table II - Derivative Securities Acquired, Disposed of, or Beneficially Owned
( e.g. , puts, calls, warrants, options, convertible securities)
1. Title of Derivative Security
(Instr. 3)
2. Conversion or Exercise Price of Derivative Security 3. Transaction Date (MM/DD/YY) 3A. Deemed Execution Date, if any (MM/DD/YY) 4. Transaction Code
(Instr. 8)
5. Number of Derivative Securities Acquired (A) or Disposed of (D)
(Instr. 3, 4, and 5)
6. Date Exercisable and Expiration Date
(MM/DD/YY)
7. Title and Amount of Underlying Securities
(Instr. 3 and 4)
8. Price of Derivative Security
(Instr. 5)
9. Number of Derivative Securities Beneficially Owned Following Reported Transaction(s)
(Instr. 4)
10. Ownership Form of Derivative Security: Direct (D) or Indirect (I)
(Instr. 4)
11. Nature of Indirect Beneficial Ownership
(Instr. 4)
Code V (A) (D) Date Exercisable Expiration Date Title Amount or Number of Shares
Option to purchase Common Stock $ 0.5 ( 1 ) 10/18/2026 Common Stock 8,001 D
Option to purchase Common Stock $ 0.73 ( 2 ) 11/02/2027 Common Stock 24,052 D
Option to purchase Common Stock $ 0.73 ( 3 ) 01/31/2028 Common Stock 22,906 D
Option to purchase Common Stock $ 10.1 ( 4 ) 10/23/2028 Common Stock 23,000 D
Option to purchase Common Stock $ 7.11 ( 5 ) 02/11/2030 Common Stock 28,921 D
Restricted Stock Units ( 6 ) $ 0 ( 7 ) ( 7 ) Common Stock 9,360 D
Reporting Owners
Reporting Owner Name / Address Relationships
Director 10% Owner Officer Other
Chiang Kyle
C/O LOGICBIO THERAPEUTICS, INC.
65 HAYDEN AVE, FLOOR 2
LEXINGTON, MA02421
Chief Operating Officer
Signatures
/s/ Jonathan Quick, as Attorney-in-Fact 11/12/2020
Signature of Reporting Person Date
Explanation of Responses:
( 1 )The option vested 25% on the first anniversary of the vesting commencement date, October 17, 2017, and in equal one forty-eighth monthly installments thereafter.
( 2 )The option vested 10% on November 19, 2017, and in equal one forty-eighth monthly installments thereafter.
( 3 )The option began vesting in equal one forty-eighth monthly installments beginning on February 1, 2018.
( 4 )The option began vesting in equal one forty-eighth monthly installments beginning on November 30, 2018.
( 5 )25% vests on 01/01/2021 and the remainder vests in equal monthly installments over the next 36 months.
( 6 )Each restricted stock unit ("RSU") represents a contingent right to receive one share of LogicBio Therapeutics Inc. (the "Company") common stock.
( 7 )The RSUs will fully vest on April 15, 2021, subject to the terms and conditions of the award and the Company's 2018 Equity Incentive Plan; provided, that if the reporting person's employment is terminated by the Company without "cause" or by the reporting person for "good reason" (as defined in the reporting person's employment agreement) prior to April 15, 2021, all such RSUs will vest on the date of termination.

Remarks:
Exhibit List: 24.1 Power of Attorney

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