Assembly Biosciences (NASDAQ: ASMB) director receives grant of 8,000 stock options
Filing Impact
Filing Sentiment
Form Type
4
Rhea-AI Filing Summary
ASSEMBLY BIOSCIENCES, INC. director Gina Consylman received a grant of stock options covering 8,000 shares of common stock. The options have an exercise price of $24.11 per share and represent compensation rather than an open-market purchase.
The options vest, assuming continuous service, on the earlier of June 4, 2027 or the company’s 2027 annual meeting of stockholders. Following this grant, Consylman holds 8,000 stock options directly, with an expiration date in 2036.
Positive
- None.
Negative
- None.
Insider Trade Summary
1 transaction reported
Mixed
1 txn
Insider
Consylman Gina
Role
null
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Grant/Award | Stock Option (right to buy) | 8,000 | $0.00 | -- |
Holdings After Transaction:
Stock Option (right to buy) — 8,000 shares (Direct, null)
Footnotes (1)
- [object Object]
Key Figures
Options granted: 8,000 options
Exercise price: $24.11 per share
Underlying shares: 8,000 shares
+2 more
5 metrics
Options granted
8,000 options
Stock option grant to director Gina Consylman
Exercise price
$24.11 per share
Strike price for the 8,000 stock options
Underlying shares
8,000 shares
Common stock underlying the options
Expiration date
2036-06-04
Option expiration for this grant
Vesting date trigger
June 4, 2027
Latest vesting date, subject to earlier 2027 annual meeting
Key Terms
stock options, exercise price, continuous service, annual meeting of stockholders, +1 more
5 terms
stock options financial
"Grant of stock options. The stock options vest, assuming continuous service, upon the earlier of (1) June 4, 2027..."
Stock options are agreements that give a person the right to buy or sell a company's stock at a specific price within a certain time frame. They are often used as a reward or incentive, similar to a coupon that can be used later if the stock price rises, allowing the holder to make a profit.
exercise price financial
"conversion_or_exercise_price": "24.1100""
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.
continuous service financial
"The stock options vest, assuming continuous service, upon the earlier of (1) June 4, 2027..."
annual meeting of stockholders financial
"upon the earlier of (1) June 4, 2027 and (2) the date of the Issuer's 2027 annual meeting of stockholders."
Grant, award, or other acquisition financial
"transaction_code_description": "Grant, award, or other acquisition""
FAQ
What did Gina Consylman report in the ASMB Form 4 filing?
Gina Consylman reported receiving stock options for 8,000 shares of Assembly Biosciences common stock. These options are a compensation grant, not an open-market trade, and give her the right to buy shares at a fixed exercise price.
What is the exercise price of the new ASMB stock options?
The new stock options granted to Gina Consylman have an exercise price of $24.11 per share. This means she can buy Assembly Biosciences common stock at this price once the options vest and remain exercisable until their expiration date.
When do Gina Consylman’s ASMB stock options vest?
The 8,000 Assembly Biosciences stock options vest upon the earlier of June 4, 2027 or the company’s 2027 annual meeting. Vesting requires her to maintain continuous service with the company through that vesting date, according to the disclosure footnote.
How many ASMB options does Gina Consylman hold after this grant?
After this grant, Gina Consylman directly holds stock options for 8,000 shares of Assembly Biosciences common stock. The Form 4 shows this as her total option position following the transaction, reflecting a single compensation award reported in this filing.
Is Gina Consylman’s ASMB Form 4 transaction a stock purchase or sale?
The Form 4 reflects a grant of stock options, not a purchase or sale of common shares. It is recorded under a grant or award code, meaning she received derivative securities as compensation with future rights to acquire common stock at a set price.