BridgeBio (NASDAQ: BBIO) director granted 3,990 RSUs and 5,277 stock options
Rhea-AI Filing Summary
BridgeBio Pharma director Douglas A. Dachille reported routine equity awards and existing indirect holdings. He received 3,990 restricted stock units (RSUs) that vest in full on June 22, 2027, contingent on his continued service on the board. Each RSU represents one share of common stock, giving him 10,579 shares of common stock held directly after the award.
He also received a stock option for 5,277 shares of common stock with a $68.92 per-share exercise price, vesting in full on June 22, 2027, also tied to continued board service. Separately, 20,000 shares of common stock are held indirectly by The Dachille 2012-1 Family Trust for his children, with his spouse as trustee. Dachille disclaims beneficial ownership of those trust shares for Section 16 and other purposes.
Positive
- None.
Negative
- None.
Insider Trade Summary
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Grant/Award | Stock Option (Right to Buy) | 5,277 | $0.00 | -- |
| Grant/Award | Common Stock | 3,990 | $0.00 | -- |
| holding | Common Stock | -- | -- | -- |
Footnotes (1)
- Grant of restricted stock units ("RSUs") under the Issuer's 2021 Amended and Restated BridgeBio Pharma, Inc. Stock Option and Incentive Plan. The RSUs vest in full on June 22, 2027, subject to the Reporting Person's continued service on the Issuer's board of directors through the vesting date. Each RSU represents a contingent right to receive one share of the Issuer's Common Stock. These shares are owned directly by The Dachille 2012-1 Family Trust for the benefit of the Reporting Person's children, for which the Reporting Person's spouse is the trustee. The Reporting Person disclaims Section 16 beneficial ownership of these securities, and this report shall not be deemed an admission that the Reporting Person is the beneficial owner of such securities for Section 16 or any other purpose. The shares underlying the stock option vest in full on June 22, 2027, subject to the Reporting Person's continued service on the Issuer's board of directors through the vesting date.