Apogee grants 7,657 stock options at $85
Apogee Therapeutics, Inc. reported a routine equity compensation grant linked to director Tomas Kiselak and Fairmount Funds Management LLC.
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Rhea-AI Filing Summary
Apogee Therapeutics, Inc. reported a routine equity compensation grant linked to director Tomas Kiselak and Fairmount Funds Management LLC. A stock option was awarded representing the right to buy 7,657 shares of common stock at an exercise price of $85.00 per share.
The option vests on the one-year anniversary of the grant date, conditioned on Mr. Kiselak’s continued service. According to the footnotes, he holds the option for one or more investment vehicles managed by Fairmount, must deliver any net cash or stock to Fairmount, and therefore disclaims beneficial ownership, while Fairmount also disclaims beneficial ownership except to the extent of its pecuniary interest.
Insider Trade Summary
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Grant/Award | Stock Option (Right to Buy) | 7,657 | $0.00 | $0.00 |
Footnotes (2)
- F1. This option represents the right to purchase 7,657 shares of the Issuer's common stock and will vest on the one-year anniversary of the grant date, subject to the Reporting Person's continued service to the Issuer on such vesting date.
- F2. Under Mr. Kiselak's arrangement with Fairmount Funds Management LLC ('Fairmount'), Mr. Kiselak holds the option for one or more investment vehicles managed by Fairmount (each, a "Fairmount Fund"). Mr. Kiselak is obligated to turn over to Fairmount any net cash or stock received from the option for the benefit of such Fairmount Fund. Mr. Kiselak therefore disclaims beneficial ownership of the option and underlying common stock. Fairmount disclaims beneficial ownership of any of the reported securities, except to the extent of its pecuniary interest therein.
Key Figures
Key Terms
Stock Option (Right to Buy) financial
grant/award acquisition financial
beneficial ownership financial
pecuniary interest financial
continued service financial
FAQ
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What insider transaction did Apogee Therapeutics (APGE) report in this Form 4?
Who is associated with the new stock option grant at Apogee Therapeutics (APGE)?
What are the key terms of the Apogee Therapeutics (APGE) stock option grant?
When does the new Apogee Therapeutics (APGE) stock option vest and expire?
How do Fairmount Funds Management LLC and Tomas Kiselak treat beneficial ownership in this Apogee (APGE) filing?
AI-generated analysis. How Rhea-AI works. Not financial advice.