Director Kate Haviland awarded 19,475 Bicara (BCAX) stock options at $20.56
Filing Impact
Filing Sentiment
Form Type
4
Rhea-AI Filing Summary
Bicara Therapeutics Inc. director Kate Haviland received a stock option grant giving her the right to buy 19,475 shares of common stock at an exercise price of $20.56 per share. These options were granted at no cost and represent a compensation award rather than an open-market purchase.
The 19,475 underlying shares vest on the earlier of June 9, 2027 or the date of the company’s next Annual Meeting of Stockholders, provided she continues serving as a director through that vesting date. Following this grant, her reported option holdings from this award total 19,475 shares.
Positive
- None.
Negative
- None.
Insider Trade Summary
1 transaction reported
Mixed
1 txn
Insider
Haviland Kate
Role
null
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Grant/Award | Stock Option (Right to Buy) | 19,475 | $0.00 | -- |
Holdings After Transaction:
Stock Option (Right to Buy) — 19,475 shares (Direct, null)
Footnotes (1)
- [object Object]
Key Figures
Option grant size: 19,475 shares
Exercise price: $20.56 per share
Post-grant option holdings: 19,475 derivative shares
+2 more
5 metrics
Option grant size
19,475 shares
Stock options awarded to director Kate Haviland
Exercise price
$20.56 per share
Conversion or exercise price of stock options
Post-grant option holdings
19,475 derivative shares
Total shares underlying options following this transaction
Option expiration
June 9, 2036
Reported expiration date of the stock options
Vesting date trigger
June 9, 2027 or next annual meeting
Earlier of these dates, subject to continued service
Key Terms
Stock Option (Right to Buy), conversion or exercise price, vest, Annual Meeting of Stockholders
4 terms
Stock Option (Right to Buy) financial
"security_title: "Stock Option (Right to Buy)""
conversion or exercise price financial
"conversion_or_exercise_price: "20.5600""
vest financial
"The shares underlying this stock option vest upon the earlier of"
A vest is the process by which an employee earns the right to receive certain benefits or ownership interests, such as stock or retirement funds, over time. It’s similar to earning a reward gradually, ensuring that the benefit becomes fully yours only after a set period or meeting specific conditions. This makes it important for investors because it determines when they can actually claim or use those benefits.
Annual Meeting of Stockholders regulatory
"the date of the next Annual Meeting of Stockholders of Bicara Therapeutics Inc."
FAQ
What did Bicara Therapeutics (BCAX) director Kate Haviland receive in this Form 4?
Director Kate Haviland received a stock option grant for 19,475 shares. The options give her the right to buy Bicara Therapeutics common stock as part of her compensation, rather than reflecting an open-market share purchase or sale.
What is the exercise price of Kate Haviland’s Bicara Therapeutics (BCAX) stock options?
The stock options have an exercise price of $20.56 per share. This is the price she would pay to convert the options into Bicara Therapeutics common stock once the options have vested, assuming she chooses to exercise them.
When do Kate Haviland’s Bicara Therapeutics (BCAX) stock options vest?
The options vest on the earlier of June 9, 2027 or the date of Bicara Therapeutics’ next Annual Meeting of Stockholders. Vesting is conditioned on her continued service as a director through the applicable vesting date.
Is Kate Haviland’s Bicara Therapeutics (BCAX) Form 4 transaction a market buy or sell?
No, the Form 4 reports a grant of stock options, not a market trade. The transaction is classified as a grant or award acquisition, meaning it reflects equity compensation rather than an open-market purchase or sale of shares.