Brainstorm Cell (BCLI) director receives grant of 150,000 stock options at $0.70
Filing Impact
Filing Sentiment
Form Type
4
Rhea-AI Filing Summary
Lindborg Stacy reported acquisition or exercise transactions in this Form 4 filing.
BRAINSTORM CELL THERAPEUTICS INC. director Stacy Lindborg received a grant of stock options to buy 150,000 shares of common stock at $0.70 per share. All 150,000 options were outstanding after the grant.
The options were granted under the company’s 2014 Stock Incentive Plan. According to the terms, 50% of the award vests on the grant date and the remaining 50% vests on the six-month anniversary of the grant date, provided she remains employed through each vesting date. The options expire on February 26, 2036, giving a long-dated incentive tied to the company’s future share performance.
Positive
- None.
Negative
- None.
Insider Trade Summary
1 transaction reported
Mixed
1 txn
Insider
Lindborg Stacy
Role
null
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Grant/Award | Stock Option (Right to Buy) | 150,000 | $0.70 | $105K |
Holdings After Transaction:
Stock Option (Right to Buy) — 150,000 shares (Direct, null)
Footnotes (1)
- Represents options to purchase common stock, granted under the Issuer's 2014 Stock Incentive Plan. The Stock Options shall vest as to (i) 50% of the award on the date of grant and (ii) the remaining 50% of the award shall vest on the six-month anniversary of the date of grant, provided that the Reporting Person remains employed by the Issuer through each applicable vesting date.
Key Figures
Options granted: 150,000 options
Exercise price: $0.70 per share
Underlying shares: 150,000 shares
+2 more
5 metrics
Options granted
150,000 options
Stock Option (Right to Buy) grant to director
Exercise price
$0.70 per share
Conversion or exercise price for granted options
Underlying shares
150,000 shares
Common Stock underlying the options
Shares after grant
150,000 derivative securities
Stock options held following the transaction
Option expiration
February 26, 2036
Expiration date of the stock options
Key Terms
Stock Option (Right to Buy), 2014 Stock Incentive Plan, vesting, Common Stock
4 terms
Stock Option (Right to Buy) financial
"security_title: Stock Option (Right to Buy)"
2014 Stock Incentive Plan financial
"granted under the Issuer's 2014 Stock Incentive Plan"
vesting financial
"The Stock Options shall vest as to (i) 50% of the award"
Vesting is the process by which you earn full ownership of something, like company stock or a retirement benefit, over time. It’s like earning the right to keep a gift piece by piece the longer you stay with a company, making sure employees stay committed before they receive all the benefits.
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 did BCLI director Stacy Lindborg report in this Form 4?
Stacy Lindborg reported receiving stock options to buy 150,000 shares of Brainstorm Cell Therapeutics common stock. The award is compensation, not an open-market purchase, and was granted under the company’s 2014 Stock Incentive Plan with a fixed exercise price and vesting schedule.
How many BCLI stock options were granted to Stacy Lindborg?
She was granted options for 150,000 shares of Brainstorm Cell Therapeutics common stock. These options give her the right to buy that number of shares at a preset exercise price, subject to the vesting conditions and long-dated expiration disclosed in the filing.
What is the exercise price of Stacy Lindborg’s BCLI stock options?
The exercise price is $0.70 per share for the 150,000 stock options. This means she can later purchase Brainstorm Cell Therapeutics common shares at $0.70, if the options are vested and she chooses to exercise them before the stated expiration date.
When do Stacy Lindborg’s BCLI stock options vest?
Half of the options vest on the grant date and the remaining half vest six months after the grant date. Vesting is contingent on her remaining employed by Brainstorm Cell Therapeutics through each applicable vesting date, aligning ongoing service with the equity award.
When do Stacy Lindborg’s Brainstorm Cell Therapeutics options expire?
The options expire on February 26, 2036, according to the filing. After this expiration date, any unexercised options will lapse, so potential value from the grant depends on share performance and decisions made before that long-term deadline.
Is Stacy Lindborg’s BCLI Form 4 a market buy or a compensation grant?
The Form 4 reflects a compensation grant, not an open-market buy. The transaction code “A” and description show it is a grant or award of stock options under the 2014 Stock Incentive Plan, providing future purchase rights instead of an immediate market transaction.