Apogee Therapeutics (APGE) director granted options for 7,657 shares at $85
Filing Impact
Filing Sentiment
Form Type
4
Rhea-AI Filing Summary
Apogee Therapeutics director William A. Jones Jr received a grant of stock options giving him the right to buy 7,657 shares of Apogee common stock at an exercise price of $85.0000 per share. These options were awarded as compensation, not purchased in the open market, and expire on June 9, 2036. The award will fully vest on the one-year anniversary of the grant date, as long as he continues serving the company through that vesting date. After this grant, he directly holds options covering 7,657 underlying shares.
Positive
- None.
Negative
- None.
Insider Trade Summary
1 transaction reported
Mixed
1 txn
Insider
JONES WILLIAM A JR
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
+2 more
5 metrics
Option grant size
7,657 shares
Underlying common stock in new option award
Exercise price
$85.0000 per share
Stock option exercise price
Expiration date
June 9, 2036
Option award expiry
Shares following transaction
7,657 derivative shares
Total options held after grant
Vesting schedule
100% after one year
Vests on one-year anniversary of grant if service continues
Key Terms
Stock Option (Right to Buy), exercise price, Common Stock, vesting
4 terms
Stock Option (Right to Buy) financial
"security_title: Stock Option (Right to Buy)"
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.
Common Stock financial
"underlying_security_title: Common Stock"
Common stock represents ownership shares in a company, giving investors a stake in its success and a say in important decisions through voting rights. It is the most common type of stock traded on markets and can provide income through dividends, as well as potential for value growth. For investors, holding common stock means sharing in the company’s profits and risks.
vesting financial
"will vest on the one-year anniversary of the grant date"
Vesting is the process by which you earn full ownership of something, like company stock or a retirement benefit, over time. It’s like earning the right to keep a gift piece by piece the longer you stay with a company, making sure employees stay committed before they receive all the benefits.
FAQ
What insider transaction did Apogee Therapeutics (APGE) report for William A. Jones Jr?
Apogee Therapeutics reported that director William A. Jones Jr received a stock option grant covering 7,657 shares. The options are a compensation award, not an open-market purchase, and give him the right to buy Apogee common stock at a fixed exercise price.
What is the exercise price and expiration date of the APGE stock options granted?
The granted stock options have an exercise price of $85.0000 per share and expire on June 9, 2036. This lets the director buy Apogee common stock at that fixed price any time before expiration, subject to the options vesting and other plan terms.
When do the newly granted Apogee Therapeutics (APGE) options vest?
The options granted to William A. Jones Jr will vest on the one-year anniversary of the grant date. Vesting is conditional on his continued service with Apogee Therapeutics through that vesting date, meaning the award is designed to encourage ongoing board service.
Was the APGE insider transaction a market purchase or a compensation award?
The APGE insider transaction was a compensation-related award, not a market purchase. The Form 4 classifies it as a grant or other acquisition of stock options, with no cash price paid per option on the grant date and an exercise price set at $85.0000 per share.