Item 5.02          Departure of Directors or Certain Officers; Election of Directors;
                   Appointment of Certain Officers; Compensatory Arrangements of Certain
                   Officers.

On March 15, 2021, bluebird bio, Inc. ("bluebird" or the "Company") entered into a Separation Agreement (the "Agreement") with David Davidson, M.D., the Company's Chief Medical Officer, pursuant to which his employment with the Company will end on April 16, 2021 (the "Separation Date"). Under the Agreement, following the Separation Date Dr. Davidson will continue to receive his base salary for a period of twelve months and the Company will pay the monthly employer contribution until (A) the later of April 30, 2022, or the termination date of a consulting agreement, or (B) if earlier, the date Dr. Davidson becomes eligible for insurance through another employer or otherwise becomes ineligible for COBRA. Following his departure, Dr. Davidson will be engaged as a consultant for a period of six (6) months pursuant to a consulting agreement under which Dr. Davidson will provide ongoing guidance and support for bluebird's late-stage development programs in severe genetic disease, particularly as it navigates the regulatory interactions following the safety events reported to the Company in February 2021. In addition, Dr. Davidson will assist with the transition of his duties to the Company's interim Chief Medical Officer, and the medical leadership for the Company's oncology programs and portfolio. Under the consulting agreement, Dr. Davidson will be entitled to an hourly rate for his consulting services based on his current base salary, and his outstanding equity awards will continue to vest until the termination of his consulting agreement.

--------------------------------------------------------------------------------

© Edgar Online, source Glimpses