Director William Enright receives 15,000 BullFrog AI (BFRG) stock options
Filing Impact
Filing Sentiment
Form Type
4
Rhea-AI Filing Summary
BullFrog AI Holdings director William Enright received a compensation grant of stock options covering 15,000 shares of common stock. The options have an exercise price of $0.6281 per share, were granted at market price on the grant date, and vest on June 11, 2027. They were issued under the company’s 2022 Equity Compensation Plan and expire on June 12, 2036, with vesting able to accelerate upon a change in control or a significant financing as defined in the plan.
Positive
- None.
Negative
- None.
Insider Trade Summary
1 transaction reported
Mixed
1 txn
Insider
Enright William
Role
Director
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Grant/Award | Stock Options (Right to Buy) | 15,000 | $0.00 | -- |
Holdings After Transaction:
Stock Options (Right to Buy) — 15,000 shares (Direct)
Footnotes (1)
- Represents stock options issued under BullFrog AI Holdings, Inc.'s (the "Company") 2022 Equity Compensation Plan, as amended from time to time (the "Plan"), which vest on June 11, 2027. Lapse of forfeiture restrictions will accelerate upon a change in control of the Company (as defined in the Plan) or a significant financing, which may, or may not, constitute a change in control. The stock options expire on June 12, 2036. The options were issued as a grant under the Plan, based on the market price on the date of the grant.
Key Figures
Stock options granted: 15,000 options
Exercise price: $0.6281 per share
Underlying shares: 15,000 shares
+3 more
6 metrics
Stock options granted
15,000 options
Award to director William Enright
Exercise price
$0.6281 per share
Stock option strike price
Underlying shares
15,000 shares
Common stock underlying options
Vesting date
June 11, 2027
Options vesting under 2022 Equity Compensation Plan
Expiration date
June 12, 2036
Option term end date
Post-grant derivative holdings
15,000 options
Total derivative securities following transaction
Key Terms
2022 Equity Compensation Plan, stock options, change in control, forfeiture restrictions, +1 more
5 terms
2022 Equity Compensation Plan financial
"Represents stock options issued under BullFrog AI Holdings, Inc.'s 2022 Equity Compensation Plan, as amended from time to time."
stock options financial
"Represents stock options issued under BullFrog AI Holdings, Inc.'s 2022 Equity Compensation Plan, which vest on June 11, 2027."
Stock options are agreements that give a person the right to buy or sell a company's stock at a specific price within a certain time frame. They are often used as a reward or incentive, similar to a coupon that can be used later if the stock price rises, allowing the holder to make a profit.
change in control financial
"Lapse of forfeiture restrictions will accelerate upon a change in control of the Company or a significant financing."
A "change in control" occurs when the ownership or management of a company shifts significantly, such as through a merger, acquisition, or sale of a large part of its assets. This change can impact how the company is run and may influence its future direction. For investors, it matters because it can affect the company's stability, strategy, and value, often signaling potential changes in investment risk or opportunity.
forfeiture restrictions financial
"Lapse of forfeiture restrictions will accelerate upon a change in control of the Company or a significant financing."
significant financing financial
"Lapse of forfeiture restrictions will accelerate upon a change in control of the Company or a significant financing."
AI-generated analysis. How Rhea-AI works. Not financial advice.
FAQ
What did BullFrog AI Holdings (BFRG) disclose in this Form 4 for William Enright?
BullFrog AI Holdings reported that director William Enright received a grant of 15,000 stock options. These options are a compensation award under the company’s 2022 Equity Compensation Plan and give him the right to buy common shares at a fixed exercise price.
How many BullFrog AI (BFRG) stock options were granted to William Enright and at what price?
William Enright was granted 15,000 stock options with an exercise price of $0.6281 per share. This price was based on the market price on the grant date, giving him the right to purchase BullFrog AI common stock at that fixed price.
When do William Enright’s BullFrog AI (BFRG) stock options vest and expire?
The 15,000 BullFrog AI stock options granted to William Enright vest on June 11, 2027. According to the disclosure, these options expire on June 12, 2036, providing a long exercise window after they become fully vested.
Under which plan were William Enright’s BullFrog AI (BFRG) options granted?
The stock options granted to William Enright were issued under BullFrog AI Holdings’ 2022 Equity Compensation Plan. The plan, as amended from time to time, governs vesting, change-in-control provisions, and other terms for equity awards to eligible participants.
Can William Enright’s BullFrog AI (BFRG) option vesting accelerate under certain events?
Yes, the filing states that lapse of forfeiture restrictions can accelerate upon a change in control of BullFrog AI or a significant financing. These triggering events are defined in the 2022 Equity Compensation Plan that governs Enright’s 15,000 stock option award.