BridgeBio Strengthens Board Commitment with Major Equity Grant to Director Dachille
Filing Impact
Filing Sentiment
Form Type
4
Rhea-AI Filing Summary
BridgeBio Pharma Director Douglas A. Dachille reported multiple equity transactions on June 20, 2025:
- Received 6,589 restricted stock units (RSUs) with $0 exercise price, vesting over three years through June 20, 2028
- Granted 8,425 stock options with strike price of $41.73, vesting over three years and expiring June 19, 2035
- Currently holds 20,000 shares indirectly through The Dachille 2012-1 Family Trust for his children's benefit
All equity grants are subject to continued service on BridgeBio's board of directors. The RSUs and options will vest in three equal annual installments starting June 20, 2025. These grants appear to be part of the company's standard director compensation under their 2021 Amended and Restated Stock Option and Incentive Plan.
Positive
- None.
Negative
- None.
Insider Trade Summary
3 transactions reported
Mixed
3 txns
Insider
Dachille Douglas A.
Role
Director
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Grant/Award | Stock Option (Right to Buy) | 8,425 | $0.00 | -- |
| Grant/Award | Common Stock | 6,589 | $0.00 | -- |
| holding | Common Stock | -- | -- | -- |
Holdings After Transaction:
Stock Option (Right to Buy) — 8,425 shares (Direct);
Common Stock — 6,589 shares (Direct);
Common Stock — 20,000 shares (Indirect, By The Dachille 2012-1 Family Trust)
Footnotes (1)
- Grant of restricted stock units ("RSUs") under the Issuer's 2021 Amended and Restated BridgeBio Pharma, Inc. Stock Option and Incentive Plan. One-third of the RSUs will vest each year after June 20, 2025, such that all of the units will be vested on June 20, 2028, subject to the Reporting Person's continued service on the Issuer's board of directors. 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. One-third of the shares underlying the stock option will vest each year after June 20, 2025, such that all of the underlying shares will be vested on June 20, 2028, subject to the Reporting Person's continued service on the Issuer's board of directors.
FAQ
How many BBIO restricted stock units (RSUs) did Douglas Dachille receive on June 20, 2025?
Douglas Dachille received 6,589 restricted stock units (RSUs) on June 20, 2025, as part of BridgeBio's 2021 Amended and Restated Stock Option and Incentive Plan.
What is the vesting schedule for BBIO director Douglas Dachille's June 2025 stock options?
The stock options will vest over three years, with one-third vesting each year after June 20, 2025. All 8,425 shares underlying the stock options will be fully vested by June 20, 2028, subject to Dachille's continued service on BridgeBio's board of directors.
What is the exercise price of BBIO stock options granted to Douglas Dachille in June 2025?
The stock options were granted with an exercise price of $41.73 per share and have an expiration date of June 19, 2035.