Alumis (ALMS) director Lynn Tetrault receives RSU and stock option awards
Rhea-AI Filing Summary
ALUMIS INC. director Lynn A. Tetrault reported receiving new equity awards consisting of restricted stock units and stock options. The filing shows a grant of 3,553 shares of common stock through RSUs at no cash cost and a stock option covering 15,528 shares with a fixed exercise price of $28.14 per share.
Both the RSUs and the option are scheduled to vest on the first anniversary of the grant date, and in any event will be fully vested by the issuer’s 2027 annual stockholder meeting, subject to her continuous service under the company’s 2024 Equity Incentive Plan. The awards will also vest in full upon a qualifying change in control if continuous service is maintained through that date.
Positive
- None.
Negative
- None.
Insider Trade Summary
Net Buyer: 3,553 shares
Net Buy
2 txns
Insider
TETRAULT LYNN A.
Role
Director
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Grant/Award | Stock Option (Right to Buy) | 15,528 | $0.00 | $0.00 |
| Grant/Award | Common Stock | 3,553 | $0.00 | $0.00 |
Holdings After Transaction:
Stock Option (Right to Buy) — 15,528 shares (Direct);
Common Stock — 3,553 shares (Direct)
Footnotes (2)
- F1. Represents shares of common stock issuable upon settlement of a restricted stock unit ("RSU") grant. The shares underlying this RSU vest on the first anniversary of the date of grant, provided that the shares will in any case be fully vested on the date of the Issuer's 2027 annual stockholder meeting, subject to the Reporting Person's Continuous Service (as defined in the Issuer's 2024 Equity Incentive Plan (the "Plan")) through such vesting date and will vest in full upon a Change in Control (as defined in the Plan), subject to the Reporting Person's Continuous Service (as defined in the Plan) through such date.
- F2. The shares underlying this option vest on the first anniversary of the date of grant, provided that the shares will in any case be fully vested on the date of the Issuer's 2027 annual stockholder meeting, subject to the Reporting Person's Continuous Service (as defined in the Plan) through such vesting date and will vest in full upon a Change in Control (as defined in the Plan), subject to the Reporting Person's Continuous Service (as defined in the Plan) through such date.
Key Figures
RSU grant size: 3,553 shares
Option grant size: 15,528 shares
Option exercise price: $28.14 per share
+3 more
6 metrics
RSU grant size
3,553 shares
Common stock issuable upon RSU settlement
Option grant size
15,528 shares
Underlying common stock for stock option
Option exercise price
$28.14 per share
Stock option right to buy common stock
Option expiration
June 29, 2036
Expiration date of stock option grant
Shares held after RSU grant
3,553 shares
Total common stock following RSU transaction
Options held after grant
15,528 options
Total options following derivative transaction
Key Terms
restricted stock unit ("RSU"), Continuous Service, Change in Control, 2024 Equity Incentive Plan, +1 more
5 terms
restricted stock unit ("RSU") financial
"Represents shares of common stock issuable upon settlement of a restricted stock unit ("RSU") grant."
Continuous Service financial
"subject to the Reporting Person's Continuous Service (as defined in the Issuer's 2024 Equity Incentive Plan (the "Plan"))"
Change in Control financial
"and will vest in full upon a Change in Control (as defined in the Plan)"
A "change in control" occurs when the ownership or management of a company shifts significantly, such as through a merger, acquisition, or sale of a large part of its assets. This change can impact how the company is run and may influence its future direction. For investors, it matters because it can affect the company's stability, strategy, and value, often signaling potential changes in investment risk or opportunity.
2024 Equity Incentive Plan financial
"as defined in the Issuer's 2024 Equity Incentive Plan (the "Plan")"
Stock Option (Right to Buy) financial
"Stock Option (Right to Buy)"
FAQ
What did Alumis (ALMS) director Lynn A. Tetrault report in this Form 4?
Lynn A. Tetrault reported receiving equity awards from Alumis, including restricted stock units and a stock option. These awards increase her potential ownership in common stock, subject to vesting conditions tied to service and the company’s future 2027 annual stockholder meeting.
What is the exercise price and expiration date of Lynn Tetrault’s Alumis (ALMS) stock option?
The stock option has an exercise price of $28.14 per share and an expiration date of June 29, 2036. It relates to 15,528 underlying shares of common stock and follows the vesting schedule described in the company’s 2024 Equity Incentive Plan.
When do Lynn Tetrault’s Alumis (ALMS) RSUs and options vest?
Both the RSUs and the option are scheduled to vest on the first anniversary of the grant date. They will in any case be fully vested by the issuer’s 2027 annual stockholder meeting, assuming continuous service conditions in the 2024 Equity Incentive Plan are satisfied.
What happens to Lynn Tetrault’s Alumis (ALMS) awards in a change in control?
The filing states that both the RSUs and the stock option will vest in full upon a qualifying change in control. This full vesting is conditioned on Lynn Tetrault’s continuous service, as defined in Alumis’s 2024 Equity Incentive Plan, through the applicable date.
AI-generated analysis. How Rhea-AI works. Not financial advice.
