Amylyx Co-CEO granted RSUs and stock options
Amylyx Pharmaceuticals Co-Chief Executive Officer Justin B. Klee reported equity awards from the company.
Rhea-AI Filing Summary
Amylyx Pharmaceuticals Co-Chief Executive Officer Justin B. Klee reported equity awards from the company. He received a stock option for 373,295 shares at an exercise price of $0.0000 per share and a grant of 248,865 shares of common stock as restricted stock units (RSUs).
The RSUs vest in four equal annual installments starting on March 1, 2027, conditioned on his continued service. The option vests 25% on March 1, 2027, with the remaining shares vesting monthly over the next 36 months, also subject to continued service. After these grants, he reported owning 3,583,481 shares of common stock directly.
Positive
- None.
Negative
- None.
Insider Trade Summary
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Grant/Award | Stock Option (Right to Buy) | 373,295 | $0.00 | $0.00 |
| Grant/Award | Common Stock | 248,865 | $0.00 | $0.00 |
Footnotes (2)
- F1. The reported transaction involves the Reporting Person's receipt of a restricted stock unit ("RSU") award. The RSUs shall vest in 4 equal annual installments, with the first installment vesting on March 1, 2027, subject to the Reporting Person's continued service to the Issuer through each such vesting date.
- F2. 25% of the shares subject to the option shall vest and become exercisable on March 1, 2027, and the remaining shares shall vest monthly over the remaining 36 months, subject to the Reporting Person's continuous service to the Issuer through each such vesting date.
FAQ
What did Amylyx (AMLX) Co-CEO Justin B. Klee report in this Form 4 filing?
How many stock options and RSUs did Justin B. Klee receive from Amylyx (AMLX)?
What are the vesting terms for Justin B. Klee’s RSUs and stock options at Amylyx (AMLX)?
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