AbCellera (ABCL) director receives 111,701 share options grant
Filing Impact
Filing Sentiment
Form Type
4
Rhea-AI Filing Summary
AbCellera Biologics Inc. director John S. Montalbano received a grant of share options giving him the right to buy 111,701 common shares at an exercise price of $5.27 per share. These options vest and become exercisable at the 2027 Annual General Meeting, as long as he continues serving the company. After this grant, he holds 1,141,544 share options in total.
Positive
- None.
Negative
- None.
Insider Trade Summary
1 transaction reported
Mixed
1 txn
Insider
Montalbano John S.
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) — 1,141,544 shares (Direct, null)
Footnotes (1)
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Key Figures
Options granted: 111,701 options
Exercise price: $5.27 per share
Options outstanding after grant: 1,141,544 options
+2 more
5 metrics
Options granted
111,701 options
Grant to director John S. Montalbano
Exercise price
$5.27 per share
Option strike price for underlying common shares
Options outstanding after grant
1,141,544 options
Total derivative holdings following transaction
Vesting date
2027 Annual General Meeting
Options vest and become exercisable at this meeting
Expiration date
June 11, 2036
Option award expiration
Key Terms
Share option (right to buy), exercise price, vest and become exercisable, Annual General Meeting
4 terms
exercise price financial
"conversion_or_exercise_price: "5.2700" per share"
The exercise price is the fixed amount at which you can buy or sell an asset, like a stock, when using an options contract. It matters because it helps determine whether exercising the option will be profitable or not, depending on the current market price. Think of it as the set price you agree on today to buy or sell later.
vest and become exercisable financial
"The shares subject to such option vest and become exercisable at the 2027 Annual General Meeting"
Annual General Meeting financial
"vest and become exercisable at the 2027 Annual General Meeting"
FAQ
What did AbCellera (ABCL) director John S. Montalbano report on this Form 4?
John S. Montalbano reported receiving a grant of 111,701 share options in AbCellera Biologics. These options are a form of compensation, giving him the right to buy common shares in the future at a fixed exercise price.
How many AbCellera (ABCL) options were granted to John S. Montalbano and at what price?
John S. Montalbano was granted 111,701 share options, each with an exercise price of $5.27 per common share. This gives him the right, but not the obligation, to buy AbCellera shares at that price once vested.
When do John S. Montalbano’s new AbCellera (ABCL) options vest and expire?
The granted options vest and become exercisable at the 2027 Annual General Meeting, provided he continues serving AbCellera. The options have an expiration date of June 11, 2036, after which any unexercised options will lapse.
Was this AbCellera (ABCL) Form 4 an open-market stock purchase or sale?
No, the Form 4 reports a grant of share options rather than an open-market stock purchase or sale. The transaction is coded as a compensation-related award, not a market trade, and involves no immediate cash outlay or share sale.