BullFrog AI (NASDAQ: BFRG) director receives 15,000 stock options as compensation grant
Rhea-AI Filing Summary
BullFrog AI Holdings director Elsey R Don received a stock option grant as equity compensation. The grant covers 15,000 stock options for common stock at an exercise price of $0.6281 per share. These options vest on June 11, 2027 and were issued under the company’s 2022 Equity Compensation Plan. The options expire on June 12, 2036 and were granted based on the market price on the grant date.
Positive
- None.
Negative
- None.
Insider Trade Summary
1 transaction reported
Mixed
1 txn
Insider
Elsey R Don
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
Options granted: 15,000 options
Exercise price: $0.6281 per share
Underlying shares: 15,000 shares
+2 more
5 metrics
Options granted
15,000 options
Stock options for common stock granted to director
Exercise price
$0.6281 per share
Exercise price of granted stock options
Underlying shares
15,000 shares
Common stock underlying the options
Vesting date
June 11, 2027
Scheduled vesting date of stock options
Expiration date
June 12, 2036
Expiration of stock options if not exercised
Key Terms
Equity Compensation Plan, stock options, change in control, forfeiture restrictions
4 terms
Equity Compensation Plan financial
"Represents stock options issued under BullFrog AI Holdings, Inc.'s 2022 Equity Compensation Plan"
A plan by which a company gives employees, directors or contractors ownership or the right to buy ownership in the company through stock, options or similar awards — think of promising slices of the company pie as part of someone's pay. It matters to investors because these awards can change the number of shares outstanding, affect reported profits and influence management’s decisions; large or generous plans can dilute existing holders and alter incentives over time.
stock options financial
"Represents stock options issued under BullFrog AI Holdings, Inc.'s 2022 Equity Compensation Plan"
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"
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"
AI-generated analysis. How Rhea-AI works. Not financial advice.
FAQ
What did BullFrog AI (BFRG) director Elsey R Don report on this Form 4?
Elsey R Don reported receiving a grant of 15,000 stock options. The options relate to BullFrog AI common stock and are a compensation award under the company’s 2022 Equity Compensation Plan, not an open-market purchase or sale of existing shares.
What are the key terms of the 15,000 stock options granted to BFRG’s director?
The director received 15,000 stock options with an exercise price of $0.6281 per share. The options relate to BullFrog AI common stock, vest on June 11, 2027, and were granted based on the market price on the grant date under the 2022 Equity Compensation Plan.
When do Elsey R Don’s BullFrog AI stock options vest and expire?
The 15,000 stock options vest on June 11, 2027, meaning they become exercisable then. According to the disclosure, these options expire on June 12, 2036, giving a multi-year window after vesting for the director to potentially exercise them.
At what price can the BullFrog AI director exercise the new stock options?
The options have an exercise price of $0.6281 per share for BullFrog AI common stock. This price was set based on the market price on the grant date, aligning the award’s value with the company’s trading level when granted.
Are the new BullFrog AI options to Elsey R Don part of a compensation plan?
Yes. The 15,000 stock options were granted under BullFrog AI Holdings’ 2022 Equity Compensation Plan. The filing notes they are a grant under the plan and that vesting and certain acceleration terms follow the plan’s defined rules and conditions.
Can the vesting of Elsey R Don’s BullFrog AI options accelerate?
The filing states lapse of forfeiture restrictions will accelerate upon a change in control or a significant financing. These events are defined in the 2022 Equity Compensation Plan and may cause earlier vesting compared with the scheduled June 11, 2027 date.