Director at aTYR Pharma (ATYR) receives 50,000 stock options grant
Filing Impact
Filing Sentiment
Form Type
4
Rhea-AI Filing Summary
aTYR PHARMA INC director Svetlana Lucas received a grant of stock options covering 50,000 shares of common stock. The options have an exercise price of $0.95 per share and expire on May 11, 2036.
The grant was made under the company’s non-employee director compensation policy. The options vest in full on the earlier of May 11, 2027 or the company’s 2027 Annual Meeting of Stockholders, as long as she continues serving on the board. This is a compensation-related award rather than an open-market transaction.
Positive
- None.
Negative
- None.
Insider Trade Summary
1 transaction reported
Mixed
1 txn
Insider
Lucas Svetlana
Role
null
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Grant/Award | Stock Option (right to buy) | 50,000 | $0.00 | -- |
Holdings After Transaction:
Stock Option (right to buy) — 50,000 shares (Direct, null)
Footnotes (1)
- [object Object]
Key Figures
Options granted: 50,000 options
Exercise price: $0.95 per share
Shares underlying options: 50,000 shares
+3 more
6 metrics
Options granted
50,000 options
Stock Option (right to buy) grant to director
Exercise price
$0.95 per share
Exercise price of stock option grant
Shares underlying options
50,000 shares
Common stock underlying granted options
Expiration date
May 11, 2036
Option term end date
Post-grant derivative holdings
50,000 options
Total derivative securities following transaction
Vesting date trigger
May 11, 2027
Latest vesting date if earlier meeting does not occur
Key Terms
Stock Option (right to buy), non-employee director compensation policy, vests in full, Annual Meeting of Stockholders, +1 more
5 terms
Stock Option (right to buy) financial
"security_title: "Stock Option (right to buy)""
non-employee director compensation policy financial
"The option, granted pursuant to the Issuer's non-employee director compensation policy"
vests in full financial
"The option ... vests in full on the earlier of (i) May 11, 2027"
Annual Meeting of Stockholders financial
"or (ii) the Issuer's 2027 Annual Meeting of Stockholders"
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.
FAQ
What insider transaction did aTYR PHARMA (ATYR) report for Svetlana Lucas?
aTYR PHARMA reported a grant of stock options to director Svetlana Lucas covering 50,000 shares of common stock. These options are part of the non-employee director compensation policy and provide potential future ownership if she chooses to exercise them.
What is the exercise price of the new aTYR PHARMA (ATYR) stock options?
The granted stock options have an exercise price of $0.95 per share. This is the fixed price at which Svetlana Lucas may purchase aTYR PHARMA common stock if she exercises the options after they vest and before they expire in May 2036.
When do Svetlana Lucas’s aTYR PHARMA (ATYR) stock options vest?
The options vest in full on the earlier of May 11, 2027, or aTYR PHARMA’s 2027 Annual Meeting of Stockholders. Vesting is conditioned on her continued service on the board of directors through that vesting date or meeting date, whichever comes first.
When do the aTYR PHARMA (ATYR) stock options granted to Svetlana Lucas expire?
The stock options expire on May 11, 2036. After this expiration date, the options can no longer be exercised. This long-dated term gives the director a multi-year window to decide whether to exercise based on her circumstances.
Is the aTYR PHARMA (ATYR) Form 4 transaction an open-market purchase or sale?
The reported transaction is a grant or award of stock options, not an open-market purchase or sale. It reflects compensation for board service, with 50,000 options awarded at a $0.95 exercise price and subject to future vesting conditions.