AbCellera (ABCL) director Stephen Quake awarded 111,701 share options
Filing Impact
Filing Sentiment
Form Type
4
Rhea-AI Filing Summary
AbCellera Biologics Inc. director Stephen Quake received a grant of 111,701 share options giving the right to buy an equal number of common shares at an exercise price of $5.27 per share. After this grant, Quake holds share options for a total of 306,633 common shares.
The options vest and become exercisable at the company’s 2027 Annual General Meeting, provided Quake continues to serve the company through that date. This is a compensation-related award rather than an open-market stock trade.
Positive
- None.
Negative
- None.
Insider Trade Summary
1 transaction reported
Mixed
1 txn
Insider
Quake Stephen
Role
null
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Grant/Award | Share option (right to buy) | 111,701 | $0.00 | -- |
Holdings After Transaction:
Share option (right to buy) — 306,633 shares (Direct, null)
Footnotes (1)
- [object Object]
Key Figures
Share options granted: 111,701 options
Exercise price: $5.27 per share
Total options after grant: 306,633 options
+2 more
5 metrics
Share options granted
111,701 options
Grant of share options to director Stephen Quake
Exercise price
$5.27 per share
Exercise price of newly granted options
Total options after grant
306,633 options
Derivative holdings following the reported grant
Vesting date
2027 Annual General Meeting
Options vest at the 2027 AGM, subject to continuous service
Expiration date
June 11, 2036
Expiration of the newly granted share options
Key Terms
Share option (right to buy), Common Shares, Annual General Meeting, continuous service
4 terms
Annual General Meeting financial
"vest and become exercisable at the 2027 Annual General Meeting"
continuous service financial
"subject to the Reporting Person's continuous service to the Issuer"
FAQ
What did AbCellera Biologics (ABCL) director Stephen Quake report on this Form 4?
Stephen Quake reported receiving a grant of 111,701 share options. Each option allows him to buy one AbCellera common share at an exercise price of $5.27, increasing his total outstanding options to 306,633 common-share equivalents.
What is the exercise price and expiration date of Stephen Quake’s new AbCellera options?
The 111,701 granted share options have an exercise price of $5.27 per common share and expire on June 11, 2036. Quake can exercise them after vesting, subject to the vesting condition tied to the 2027 Annual General Meeting.