Aldeyra Therapeutics (ALDX) grants director options on 73,318 shares
Filing Impact
Filing Sentiment
Form Type
4
Rhea-AI Filing Summary
Director Nancy Miller-Rich received two stock option awards from Aldeyra Therapeutics, Inc. These options allow her to buy 3,318 and 70,000 shares of common stock at an exercise price of $1.72 per share, with an expiration date of June 8, 2036.
Each option becomes exercisable with respect to 100% of the shares on the one-year anniversary of the grant date. Vesting is conditioned on her continued service on the Board of Directors and, for the larger grant, on the Compensation Committee through the applicable vesting date. These are compensation-related grants, not open-market purchases or sales.
Positive
- None.
Negative
- None.
Insider Trade Summary
2 transactions reported
Mixed
2 txns
Insider
Miller-Rich Nancy
Role
null
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Grant/Award | Stock Option (Right to Buy) | 70,000 | $0.00 | -- |
| Grant/Award | Stock Option (Right to Buy) | 3,318 | $0.00 | -- |
Holdings After Transaction:
Stock Option (Right to Buy) — 70,000 shares (Direct, null)
Footnotes (1)
- Exercisable with respect to 100% of the shares on the one-year anniversary of the grant date, provided that the Reporting Person provides continuous service as a member of the Board of Directors of the Issuer through the applicable vesting date. Exercisable with respect to 100% of the shares on the one-year anniversary of the grant date, provided that the Reporting Person provides continuous service as a member of the Compensation Committee of the Board of Directors of the Issuer through the applicable vesting date.
Key Figures
Option grant (Board service): 3,318 shares at $1.72/share
Option grant (Comp Committee): 70,000 shares at $1.72/share
Expiration date: June 8, 2036
+1 more
4 metrics
Option grant (Board service)
3,318 shares at $1.72/share
Stock Option (Right to Buy), expiration June 8, 2036
Option grant (Comp Committee)
70,000 shares at $1.72/share
Stock Option (Right to Buy), expiration June 8, 2036
Expiration date
June 8, 2036
Both option grants reported on Form 4
Vesting schedule
100% after one year
Requires continuous Board or Committee service to vest
Key Terms
Stock Option (Right to Buy), Grant, award, or other acquisition, Compensation Committee, continuous service
4 terms
Stock Option (Right to Buy) financial
"security_title: Stock Option (Right to Buy)"
Grant, award, or other acquisition financial
"transaction_code_description: Grant, award, or other acquisition"
Compensation Committee financial
"service as a member of the Compensation Committee of the Board of Directors"
A compensation committee is a group within a company's leadership responsible for setting and reviewing how much top executives and employees are paid, including salaries, bonuses, and benefits. It matters to investors because fair and effective pay decisions can influence a company's performance, leadership motivation, and overall governance, helping ensure that the company’s management is aligned with shareholders’ interests.
continuous service financial
"provided that the Reporting Person provides continuous service as a member of the Board"
FAQ
What insider transaction did Aldeyra Therapeutics (ALDX) report for Nancy Miller-Rich?
Aldeyra Therapeutics reported that director Nancy Miller-Rich received two stock option grants. The awards cover 3,318 and 70,000 underlying common shares, providing future purchase rights as part of her equity compensation for board and committee service.
What is the exercise price of Nancy Miller-Rich’s Aldeyra (ALDX) stock options?
Both stock option grants to director Nancy Miller-Rich have an exercise price of $1.72 per share. This is the fixed price at which she can purchase Aldeyra common stock once the options vest and she chooses to exercise them.
When do the new Aldeyra Therapeutics (ALDX) stock options expire?
The reported stock options expire on June 8, 2036. After that expiration date, any unexercised options will lapse, and the right to purchase Aldeyra common shares at the $1.72 strike price will no longer be available.
What are the vesting conditions for the Aldeyra (ALDX) options granted to Nancy Miller-Rich?
Each grant vests 100% on the one-year anniversary of the grant date. Vesting requires that Ms. Miller-Rich continues to serve on the Board, and for one grant, on the Compensation Committee, through the relevant vesting date.