20/20 Biolabs (AIDX) CEO awarded 352,936-share stock option grant
Filing Impact
Filing Sentiment
Form Type
4
Rhea-AI Filing Summary
20/20 Biolabs, Inc. reported that Chief Executive Officer Jonathan M. Cohen received a grant of stock options covering 352,936 shares of common stock. The options were granted at an exercise price of $0.0000 per share and are held directly.
According to the terms, these options vest in equal quarterly installments over four years, contingent on Cohen’s continued service with the company. After this grant, he holds stock options for 352,936 shares in total, aligning his compensation more closely with the company’s long-term performance.
Positive
- None.
Negative
- None.
Insider Trade Summary
1 transaction reported
Mixed
1 txn
Insider
Cohen Jonathan M
Role
Chief Executive Officer
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Grant/Award | Stock Option | 352,936 | $0.00 | -- |
Holdings After Transaction:
Stock Option — 352,936 shares (Direct)
Footnotes (1)
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FAQ
What insider transaction did 20/20 Biolabs (AIDX) report for Jonathan M. Cohen?
20/20 Biolabs reported that CEO Jonathan M. Cohen received a stock option grant for 352,936 shares. These options were awarded at an exercise price of $0.0000 per share and represent a non-cash equity compensation award tied to his ongoing service.
What is the vesting schedule for Jonathan M. Cohen’s stock options at 20/20 Biolabs (AIDX)?
The stock options vest in equal quarterly installments over four years. Vesting is contingent on Jonathan M. Cohen’s continuous service to 20/20 Biolabs, meaning he must remain with the company for the full period to receive all optioned shares.
What is the exercise price of the new 20/20 Biolabs (AIDX) stock options?
The exercise price for the newly granted stock options is $0.0000 per share. This indicates the options were provided as a compensatory award rather than a market purchase, giving the CEO the right to acquire shares at no cash exercise cost.