Bicycle Therapeutics (BCYC) awards 60,000 options to supply chain chief
Rhea-AI Filing Summary
BICYCLE THERAPEUTICS PLC reported that chief product and supply chain officer Michael Charles Ferguson Hannay received an employee stock option grant for 60,000 ordinary shares. The option has an exercise price of 4.21 per share, expires on July 15, 2036, and vests one-fourth on July 15, 2027, with the remaining shares vesting in 36 equal monthly installments thereafter.
Positive
- None.
Negative
- None.
Insider Trade Summary
1 transaction reported
Mixed
1 txn
Insider
Hannay Michael Charles Ferguson
Role
CHIEF PROD & SUPPLY CHAIN OFF
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Grant/Award | Employee Stock Option (right to buy) | 60,000 | $0.00 | -- |
Holdings After Transaction:
Employee Stock Option (right to buy) — 60,000 shares (Direct)
Footnotes (1)
- [object Object]
Key Figures
Options granted: 60,000 options
Exercise price: 4.21 per share
Expiration date: July 15, 2036
+2 more
5 metrics
Options granted
60,000 options
Employee stock option grant to Michael Charles Ferguson Hannay
Exercise price
4.21 per share
Exercise price of granted employee stock options
Expiration date
July 15, 2036
Expiration of the granted stock options
Initial vesting date
July 15, 2027
One-fourth of options vest on this date
Remaining vesting period
36 months
Remaining options vest in equal monthly installments
Key Terms
Employee Stock Option (right to buy), vesting, Ordinary Shares
3 terms
Employee Stock Option (right to buy) financial
"security_title: Employee Stock Option (right to buy)"
vesting financial
"This option shall vest with respect to one-fourth of the total"
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.
AI-generated analysis. How Rhea-AI works. Not financial advice.