Actuate director granted 15,000 stock options
ACTUATE THERAPEUTICS, INC. director and ten percent owner Aaron G.L.
Accepted by SEC EDGAR
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Form Type
4
Rhea-AI Filing Summary
ACTUATE THERAPEUTICS, INC. director and ten percent owner Aaron G.L. Fletcher received a grant of stock options covering 15,000 shares of common stock. The options have an exercise price of $2.4200 per share, expire on May 21, 2036, and will vest in full on the first anniversary of the grant date. Following this grant, Fletcher holds 15,000 stock options directly.
Insider Trade Summary
Grant/Award: 15,000 shares
Grant/Award
1 txn
Insider
Fletcher Aaron G.L.
Role
Director, 10% Owner
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Grant/Award | Stock Options | 15,000 | $0.00 | $0.00 |
Holdings After Transaction:
Stock Options — 15,000 contracts (Direct)
Footnotes (1)
- F1. Options will vest in full on the anniversary of the grant date.
Key Figures
Options granted: 15,000 options
Exercise price: $2.4200 per share
Underlying shares: 15,000 shares
+2 more
5 metrics
Options granted
15,000 options
Stock options covering common stock granted to Fletcher
Exercise price
$2.4200 per share
Exercise price for underlying common stock
Underlying shares
15,000 shares
Common stock underlying granted options
Expiration date
May 21, 2036
Options expiration
Options held after grant
15,000 options
Total derivative holdings following transaction
Key Terms
Stock Options, exercise price, expiration date, vesting, +1 more
5 terms
Stock Options financial
"security_title: "Stock Options""
Stock options are agreements that give a person the right to buy or sell a company's stock at a specific price within a certain time frame. They are often used as a reward or incentive, similar to a coupon that can be used later if the stock price rises, allowing the holder to make a profit.
exercise price financial
"conversion_or_exercise_price: "2.4200""
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.
expiration date financial
"expiration_date: "2036-05-21T00:00:00.000Z""
The expiration date is the deadline after which a financial contract, such as an option or a futures agreement, is no longer valid or can be exercised. It matters to investors because it determines the timeframe during which they can take action or benefit from the contract, similar to how a coupon or a food item has a limited period of usefulness. Once the expiration date passes, the contract loses its value or ability to be used.
vesting financial
"Options will vest in full on the anniversary of the grant date."
Vesting is the process by which you earn full ownership of something, like company stock or a retirement benefit, over time. It’s like earning the right to keep a gift piece by piece the longer you stay with a company, making sure employees stay committed before they receive all the benefits.
Common Stock financial
"underlying_security_title: "Common Stock""
Common stock represents ownership shares in a company, giving investors a stake in its success and a say in important decisions through voting rights. It is the most common type of stock traded on markets and can provide income through dividends, as well as potential for value growth. For investors, holding common stock means sharing in the company’s profits and risks.
FAQ
AI-generated questions and answers. How Rhea-AI works. Not financial advice.
What did ACTU (Actuate Therapeutics) insider Aaron G.L. Fletcher report on this Form 4?
Aaron G.L. Fletcher reported receiving a grant of stock options covering 15,000 shares of Actuate Therapeutics common stock. These options were acquired as a compensation award rather than through an open-market purchase or sale transaction.
How many ACTU stock options were granted to Aaron G.L. Fletcher?
Aaron G.L. Fletcher was granted stock options on 15,000 underlying shares of Actuate Therapeutics common stock. This entire amount was acquired in a single derivative transaction, with 15,000 options shown as held following the grant.
What is the exercise price of Aaron G.L. Fletcher’s ACTU stock options?
The stock options granted to Aaron G.L. Fletcher have an exercise price of $2.4200 per share. This is the price he would pay per share of common stock if he chooses to exercise the options in the future.
When do Aaron G.L. Fletcher’s ACTU stock options expire?
Aaron G.L. Fletcher’s stock options expire on May 21, 2036. After this expiration date, any unexercised options will no longer be exercisable, effectively ending his right to purchase shares under this particular grant.
How and when do Aaron G.L. Fletcher’s ACTU stock options vest?
The options will vest in full on the anniversary of the grant date, according to the footnote. This means 100% of the 15,000 options become exercisable on the one-year mark from the grant, assuming applicable service conditions are satisfied.
AI-generated analysis. How Rhea-AI works. Not financial advice.
