Artelo Biosciences (ARTL) grants small stock option award to director
Rhea-AI Filing Summary
Artelo Biosciences granted director Connie Matsui a stock option covering 136 shares of common stock at an exercise price of $1.15 per share, expiring on July 17, 2036. The option vests 100% on the earlier of the one-year anniversary of the July 17, 2026 Vesting Commencement Date or the day prior to the next annual stockholders’ meeting following that date, contingent on her continued service as a Service Provider.
Positive
- None.
Negative
- None.
Insider Trade Summary
1 transaction reported
Mixed
1 txn
Insider
MATSUI CONNIE
Role
Director
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Grant/Award | Stock Option (right to buy) F1 | 136 | $0.00 | $0.00 |
Holdings After Transaction:
Stock Option (right to buy) — 136 shares (Direct)
Footnotes (1)
- F1. Subject to the Reporting Person continuing to be a Service Provider (as such term is defined in the Issuer's Plan) through each such applicable vesting date, one hundred percent (100%) of the shares subject to the option shall vest on the earlier of (i) the one (1) year anniversary of the Vesting Commencement Date, or (ii) the day prior to the date of the annual meeting of the Issuer's stockholders next following the Vesting Commencement Date. "Vesting Commencement Date" shall mean July 17, 2026.
Key Figures
Option shares granted: 136.0000 shares
Exercise price: $1.1500 per share
Underlying common shares: 136.0000 shares
+3 more
6 metrics
Option shares granted
136.0000 shares
Stock option grant to director Connie Matsui
Exercise price
$1.1500 per share
Conversion or exercise price of the stock option
Underlying common shares
136.0000 shares
Common stock underlying the reported stock option
Shares following transaction
136.0000 derivative securities
Total option shares held after this grant
Option expiration date
2036-07-17
Expiration date of the granted stock option
Vesting Commencement Date
July 17, 2026
Date from which the one-year vesting period is measured
Key Terms
Stock Option (right to buy), Vesting Commencement Date, Service Provider, annual meeting of the Issuer's stockholders
4 terms
Stock Option (right to buy) financial
"Security title reported as "Stock Option (right to buy)" for this grant"
Vesting Commencement Date financial
""Vesting Commencement Date" shall mean July 17, 2026."
The vesting commencement date is the starting point when an employee begins earning ownership rights to their promised benefits, such as stock options or retirement contributions. Think of it like the day a savings account is opened—only after this date do the benefits start to grow and become fully available over time. It matters to investors because it marks when the clock begins ticking toward full ownership, affecting the timing and value of these benefits.
Service Provider financial
"Subject to the Reporting Person continuing to be a Service Provider"
annual meeting of the Issuer's stockholders financial
"vest on the day prior to the date of the annual meeting of the Issuer's stockholders"
AI-generated analysis. How Rhea-AI works. Not financial advice.
FAQ
What insider transaction did Artelo Biosciences (ARTL) report for director Connie Matsui?
Artelo Biosciences reported that director Connie Matsui received a grant of stock options for 136 shares of common stock. These options have a $1.15 exercise price and expire on July 17, 2036, with vesting tied to continued service.
How many stock options did Connie Matsui receive from Artelo Biosciences (ARTL)?
Connie Matsui was granted a stock option covering 136 shares of Artelo Biosciences common stock. After this grant, her reported derivative holdings for this option total 136.0000 shares, reflecting the entire award in this transaction.
What is the exercise price of Connie Matsui’s Artelo Biosciences (ARTL) stock options?
The granted stock option allows purchase of Artelo Biosciences common stock at an exercise price of $1.15 per share. This conversion price applies to all 136 underlying shares associated with the option reported in the transaction.
When do Connie Matsui’s Artelo Biosciences (ARTL) stock options vest?
All option shares vest 100% on the earlier of the one-year anniversary of the July 17, 2026 Vesting Commencement Date or the day before the next annual stockholders’ meeting after that date, subject to her continued status as a Service Provider.
What is the expiration date of the stock options granted to Connie Matsui by Artelo Biosciences (ARTL)?
The reported stock option granted to Connie Matsui expires on July 17, 2036. She may exercise the option to buy up to 136 shares at $1.15 per share any time before that expiration, subject to vesting and plan terms.