Apogee Therapeutics (APGE) director receives grant of 7,657 stock options
Filing Impact
Filing Sentiment
Form Type
4
Rhea-AI Filing Summary
Apogee Therapeutics director Jennifer A. Fox received a new stock option grant. She was awarded options to buy 7,657 shares of common stock at an exercise price of $85.0000 per share. The option vests on the one-year anniversary of the grant date and expires on June 9, 2036, reflecting a compensation-related award rather than an open-market purchase or sale.
Positive
- None.
Negative
- None.
Insider Trade Summary
1 transaction reported
Mixed
1 txn
Insider
Fox Jennifer A.
Role
null
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Grant/Award | Stock Option (Right to Buy) | 7,657 | $0.00 | -- |
Holdings After Transaction:
Stock Option (Right to Buy) — 7,657 shares (Direct, null)
Footnotes (1)
- [object Object]
Key Figures
Option grant size: 7,657 shares
Exercise price: $85.0000 per share
Expiration date: June 9, 2036
+1 more
4 metrics
Option grant size
7,657 shares
Stock Option (Right to Buy) awarded to director
Exercise price
$85.0000 per share
Exercise price for the stock option grant
Expiration date
June 9, 2036
Option expiration for granted stock options
Derivative holdings after grant
7,657 options
Total derivative securities following transaction
Key Terms
Stock Option (Right to Buy), vest, exercise price, expiration date
4 terms
Stock Option (Right to Buy) financial
"This option represents the right to purchase 7,657 shares of the Issuer's common stock"
vest financial
"will vest on the one-year anniversary of the grant date"
A vest is the process by which an employee earns the right to receive certain benefits or ownership interests, such as stock or retirement funds, over time. It’s similar to earning a reward gradually, ensuring that the benefit becomes fully yours only after a set period or meeting specific conditions. This makes it important for investors because it determines when they can actually claim or use those benefits.
exercise price financial
"conversion_or_exercise_price: "85.0000""
The exercise price is the fixed amount at which you can buy or sell an asset, like a stock, when using an options contract. It matters because it helps determine whether exercising the option will be profitable or not, depending on the current market price. Think of it as the set price you agree on today to buy or sell later.
expiration date financial
"expiration_date: "2036-06-09T00:00:00.000Z""
The expiration date is the deadline after which a financial contract, such as an option or a futures agreement, is no longer valid or can be exercised. It matters to investors because it determines the timeframe during which they can take action or benefit from the contract, similar to how a coupon or a food item has a limited period of usefulness. Once the expiration date passes, the contract loses its value or ability to be used.
FAQ
What did Apogee Therapeutics (APGE) director Jennifer A. Fox report on this Form 4?
Jennifer A. Fox reported receiving a stock option grant for 7,657 shares of Apogee Therapeutics common stock. The options are a compensation award, not an open-market trade, and give her the right to buy shares at a preset exercise price.
What is the exercise price of Jennifer A. Fox’s Apogee Therapeutics stock options?
The options have an exercise price of $85.0000 per share. This means she can buy Apogee Therapeutics common stock at this fixed price if she chooses to exercise the options after they vest, regardless of the market price then.
When do Jennifer A. Fox’s Apogee Therapeutics stock options vest?
The options will vest on the one-year anniversary of the grant date, subject to her continued service with Apogee Therapeutics. Vesting means she must remain in her role for that year before she can exercise the right to purchase shares.
When do Jennifer A. Fox’s Apogee Therapeutics stock options expire?
The stock options expire on June 9, 2036. After this expiration date, any unexercised options become worthless, so she must exercise vested options before that deadline if she wishes to acquire the underlying shares.
Did Jennifer A. Fox buy or sell Apogee Therapeutics stock in the market?
This filing does not show any open-market buying or selling of Apogee Therapeutics stock. It reports only a grant of stock options as compensation, which provides potential future ownership rather than an immediate market transaction.