[Form 4] BridgeBio Pharma, Inc. Insider Trading Activity
Filing Impact
Filing Sentiment
Form Type
4
Rhea-AI Filing Summary
BridgeBio Pharma director Ali J. Satvat reported equity awards rather than market trades. He received 3,990 restricted stock units (RSUs) that vest in full on June 22, 2027, conditioned on his continued service on the board. Each RSU represents a contingent right to receive one share of BridgeBio’s common stock.
Satvat was also granted a stock option covering 5,277 shares of common stock at an exercise price of $68.9200 per share, expiring on June 21, 2036. These option shares vest in full on June 22, 2027, subject to the same continued-service condition. Following the RSU grant, he directly holds 169,983 shares of common stock.
Positive
- None.
Negative
- None.
Insider Trade Summary
2 transactions reported
Mixed
2 txns
Insider
Satvat Ali J.
Role
null
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Grant/Award | Stock Option (Right to Buy) | 5,277 | $0.00 | -- |
| Grant/Award | Common Stock | 3,990 | $0.00 | -- |
Holdings After Transaction:
Stock Option (Right to Buy) — 5,277 shares (Direct, null);
Common Stock — 169,983 shares (Direct, null)
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. 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.
Key Figures
RSU grant: 3,990 RSUs
Stock option grant size: 5,277 shares
Option exercise price: $68.9200 per share
+4 more
7 metrics
RSU grant
3,990 RSUs
Award to director Ali J. Satvat, vesting June 22, 2027
Stock option grant size
5,277 shares
Underlying common stock for new option award
Option exercise price
$68.9200 per share
Strike price for 5,277-share stock option
Option expiration
June 21, 2036
Expiration date of new stock option grant
Option vesting date
June 22, 2027
Full vesting date for option shares
RSU vesting date
June 22, 2027
Full vesting date for 3,990 RSUs
Shares held after grant
169,983 shares
Direct common stock holdings after RSU award
Key Terms
restricted stock units ("RSUs"), Stock Option (Right to Buy), 2021 Amended and Restated BridgeBio Pharma, Inc. Stock Option and Incentive Plan, vest in full, +1 more
5 terms
restricted stock units ("RSUs") financial
"Grant of restricted stock units ("RSUs") under the Issuer's 2021 Amended and Restated BridgeBio Pharma, Inc. Stock Option and Incentive Plan."
Restricted stock units (RSUs) are a company promise to give an employee shares of stock (or cash equivalent) in the future, but only after certain conditions—usually staying with the company for a set time or hitting performance goals—are met. Investors watch RSUs because when they vest they increase the number of shares outstanding and can lead insiders to sell shares, affecting share price, company dilution and the true cost of employee pay.
Stock Option (Right to Buy) financial
"Stock Option (Right to Buy) with 5,277.0000 shares at a $68.9200 exercise price."
2021 Amended and Restated BridgeBio Pharma, Inc. Stock Option and Incentive Plan financial
"Grant of restricted stock units ("RSUs") under the Issuer's 2021 Amended and Restated BridgeBio Pharma, Inc. Stock Option and Incentive Plan."
vest in full financial
"The RSUs vest in full on June 22, 2027, subject to the Reporting Person's continued service."
contingent right financial
"Each RSU represents a contingent right to receive one share of the Issuer's Common Stock."
FAQ
What did BridgeBio Pharma (BBIO) director Ali J. Satvat report in this Form 4?
Ali J. Satvat reported receiving equity awards, not open-market trades. He was granted 3,990 restricted stock units and a stock option for 5,277 shares, both tied to future vesting based on continued board service.
How many restricted stock units did BBIO grant to director Ali J. Satvat?
BridgeBio granted Ali J. Satvat 3,990 restricted stock units. These RSUs vest in full on June 22, 2027, if he continues serving on the board, and each unit converts into one share of the company’s common stock at settlement.
What are the terms of Ali J. Satvat’s new BridgeBio stock option grant?
Satvat received a stock option covering 5,277 shares of common stock at an exercise price of $68.9200 per share. The option vests in full on June 22, 2027, subject to continued board service, and expires on June 21, 2036.
When do Ali J. Satvat’s BridgeBio RSUs and options vest?
Both the 3,990 RSUs and the stock option for 5,277 underlying shares vest in full on June 22, 2027. Vesting depends on Satvat’s continued service on BridgeBio’s board of directors through that date, according to the award terms.
What plan governs Ali J. Satvat’s new BridgeBio RSU award?
The RSU grant was issued under BridgeBio’s 2021 Amended and Restated Stock Option and Incentive Plan. This plan provides for equity-based compensation, and the RSUs vest in full on June 22, 2027, contingent on Satvat continuing to serve on the board.