BullFrog AI (BFRG) grants director Jason Hanson 15,000 stock options
Filing Impact
Filing Sentiment
Form Type
4
Rhea-AI Filing Summary
BullFrog AI Holdings director Jason David Hanson received a grant of stock options as compensation. He was awarded 15,000 options to buy BullFrog AI common stock at an exercise price of $0.6281 per share, bringing his reported option holdings to 15,000 options.
The options were granted under the company’s 2022 Equity Compensation Plan and vest on June 11, 2027, with forfeiture restrictions accelerating upon a change in control of the company or a significant financing as defined in the plan. The options expire on June 12, 2036. This is a grant/award transaction, not an open-market purchase or sale.
Positive
- None.
Negative
- None.
Insider Trade Summary
1 transaction reported
Mixed
1 txn
Insider
Hanson Jason David
Role
null
| 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, null)
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
Options granted: 15,000 options
Exercise price: $0.6281 per share
Total options after grant: 15,000 options
+2 more
5 metrics
Options granted
15,000 options
Stock options awarded to director on June 11, 2026
Exercise price
$0.6281 per share
Exercise price for granted stock options
Total options after grant
15,000 options
Director’s reported option holdings following the transaction
Vesting date
June 11, 2027
Date forfeiture restrictions lapse on granted options
Expiration date
June 12, 2036
Expiration of stock options granted under the plan
Key Terms
Stock Options (Right to Buy), 2022 Equity Compensation Plan, change in control, significant financing
4 terms
Stock Options (Right to Buy) financial
"security_title: Stock Options (Right to Buy)"
2022 Equity Compensation Plan financial
"issued under BullFrog AI Holdings, Inc.'s 2022 Equity Compensation Plan"
change in control financial
"restrictions will accelerate upon a change in control of the Company"
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.
significant financing financial
"or a significant financing, which may, or may not, constitute a change in control"
FAQ
What did BullFrog AI (BFRG) director Jason Hanson report on this Form 4?
Director Jason David Hanson reported receiving a grant of 15,000 stock options. These options give him the right to buy BullFrog AI common stock at a fixed exercise price as part of his equity compensation, rather than reflecting an open-market trade.
How many BullFrog AI (BFRG) stock options did Jason Hanson receive and at what price?
Jason Hanson received 15,000 stock options with an exercise price of $0.6281 per share. These options allow him to purchase BullFrog AI common stock at that price in the future, subject to vesting and expiration terms set in the company’s equity plan.
When do Jason Hanson’s BullFrog AI (BFRG) stock options vest and expire?
The 15,000 stock options vest on June 11, 2027, meaning forfeiture restrictions lapse then. According to the filing, the options expire on June 12, 2036, setting the final date by which they can be exercised under the plan’s terms.
Are Jason Hanson’s BullFrog AI (BFRG) option grants tied to a compensation plan?
Yes. The options were issued under BullFrog AI Holdings’ 2022 Equity Compensation Plan. This indicates the transaction is a compensation-related grant or award, aligning director incentives with shareholders rather than representing an open-market stock purchase or sale.
Can Jason Hanson’s BullFrog AI (BFRG) options vest earlier than 2027?
The filing states forfeiture restrictions will accelerate upon a change in control or significant financing. If the company experiences such events, as defined in the plan, Hanson’s options may vest earlier than the scheduled June 11, 2027 vesting date, subject to plan terms.