ADARx awards chief people officer 85,346 stock options
The options vest over three years, with the first quarter vesting on September 24, 2027, subject to continued service.
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Rhea-AI Filing Summary
ADARx Pharmaceuticals, Inc. Chief People Officer Robert William Ackles received an employee stock option award covering 85,346 shares, with an exercise price of $17.00 per share. One quarter vests and becomes exercisable on September 24, 2027; the remaining options vest in equal quarterly installments over three years, subject to his continued service on each vesting date. The options expire September 23, 2036.
Insider Trade Summary
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Grant/Award | Employee Stock Option (right to buy) F1 | 85,346 | $0.00 | $0.00 |
Footnotes (1)
- F1. 1/4th of the total shares vest and become exercisable on September 24, 2027 and the remaining shares vest and become exercisable in equal quarterly installments thereafter over a three-year period, subject to the Reporting Person's continued service to the Issuer on each vesting date.
Key Figures
Key Terms
Employee Stock Option (right to buy) financial
exercisable financial
quarterly installments financial
FAQ
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How many options did ADARx Pharmaceuticals (ADRX) Chief People Officer Robert William Ackles receive?
When do Robert William Ackles's ADARx (ADRX) options vest?
AI-generated analysis. How Rhea-AI works. Not financial advice.