Director at Alnylam (NASDAQ: ALNY) granted RSUs and stock options
Filing Impact
Filing Sentiment
Form Type
4
Rhea-AI Filing Summary
ALNYLAM PHARMACEUTICALS, INC. director Charles Elliott Sigal reported new equity awards and updated holdings. He received 671 restricted stock units (RSUs), each representing a contingent right to one share of common stock, granted at no cash cost. These RSUs vest in full on the first anniversary of the grant date or upon an earlier qualifying retirement or resignation that occurs no more than 90 days before that anniversary. He was also granted a stock option for 1,441 shares of common stock at an exercise price of $298.48 per share, with the same vesting schedule and an expiration date in 2036. After these awards, he holds 1,446 common shares directly and 2,000 shares indirectly through Sigal Family Investments, LLC.
Positive
- None.
Negative
- None.
Insider Trade Summary
3 transactions reported
Mixed
3 txns
Insider
Sigal Charles Elliott
Role
null
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Grant/Award | Stock Option (Right to Buy) | 1,441 | $0.00 | -- |
| Grant/Award | Common Stock | 671 | $0.00 | -- |
| holding | Common Stock | -- | -- | -- |
Holdings After Transaction:
Stock Option (Right to Buy) — 1,441 shares (Direct, null);
Common Stock — 1,446 shares (Direct, null);
Common Stock — 2,000 shares (Indirect, by Trust)
Footnotes (1)
- These shares are represented by restricted stock units (RSUs) granted under the Second Amended and Restated 2018 Stock Incentive Plan. Each RSU represents a contingent right to receive one share of common stock. The RSUs will vest in full upon the earlier of the first anniversary of the grant date and the date of any earlier retirement or resignation of the Reporting Person, provided such date of retirement or resignation occurs no more than 90 days prior to the first anniversary of the grant date. Shares held by Sigal Family Investments, LLC, of which the reporting person is Managing Member. The stock option will vest in full upon the earlier of the first anniversary of the grant date and the date of any earlier retirement or resignation of the Reporting Person, provided such date of retirement or resignation occurs no more than 90 days prior to the first anniversary of the grant date.
Key Figures
RSU grant size: 671 RSUs
Stock option grant: 1,441 options
Option exercise price: $298.48 per share
+5 more
8 metrics
RSU grant size
671 RSUs
Restricted stock units granted under 2018 Stock Incentive Plan
Stock option grant
1,441 options
Right to buy common stock awarded to director
Option exercise price
$298.48 per share
Conversion or exercise price for 1,441-share option
Direct holdings after grant
1,446 shares
Common stock directly owned following the transactions
Indirect holdings
2,000 shares
Common stock held via Sigal Family Investments, LLC
RSU vesting date trigger
First anniversary of grant
Full vesting or earlier qualifying retirement/resignation
Option vesting date trigger
First anniversary of grant
Same schedule as RSUs for vesting in full
Option expiration
2036-05-20
Expiration date of stock option if not exercised earlier
Key Terms
restricted stock units (RSUs), Second Amended and Restated 2018 Stock Incentive Plan, contingent right to receive one share, stock option, +1 more
5 terms
restricted stock units (RSUs) financial
"These shares are represented by restricted stock units (RSUs) granted under the Second Amended and Restated 2018 Stock Incentive Plan."
Restricted stock units (RSUs) are a type of company promise to give employees shares of stock in the future, usually after certain conditions like working for a set time. They are like a gift promised today that you receive later, which can become valuable if the company's stock price goes up. RSUs matter because they are a way companies reward employees and can be a significant part of compensation.
Second Amended and Restated 2018 Stock Incentive Plan financial
"These shares are represented by restricted stock units (RSUs) granted under the Second Amended and Restated 2018 Stock Incentive Plan."
stock option financial
"The stock option will vest in full upon the earlier of the first anniversary of the grant date..."
A stock option is a contract that gives you the right to buy or sell a company's stock at a specific price within a certain time frame. People use them to potentially make money if the stock's price moves favorably or to protect against losses. It's like holding a coupon that can be used to buy or sell stock at a set price later on.
vesting in full financial
"The RSUs will vest in full upon the earlier of the first anniversary of the grant date..."
FAQ
What equity awards did ALNY director Charles Elliott Sigal receive on this Form 4?
Charles Elliott Sigal received 671 RSUs and a stock option for 1,441 shares. The RSUs convert into common stock on vesting, and the option allows purchase of 1,441 shares at $298.48 per share if exercised after vesting.
How do the new RSUs for ALNY director Charles Elliott Sigal vest?
The 671 RSUs vest in full after one year or certain earlier departures. They vest on the first anniversary of the grant date, or upon earlier retirement or resignation that occurs no more than 90 days before that anniversary, if that condition is met.
What are the key terms of Charles Elliott Sigal’s new stock option at Alnylam (ALNY)?
The stock option covers 1,441 shares at a $298.48 exercise price. It vests in full after one year or a qualifying earlier retirement or resignation, and it remains exercisable until its expiration date in 2036, subject to plan terms.
Are Charles Elliott Sigal’s new ALNY equity awards open-market purchases or compensation grants?
The Form 4 shows the awards as compensation-related grants, not market buys. Both the 671 RSUs and the 1,441-share stock option are coded as grants or awards, with a zero dollar transaction price per share at grant.