BioLineRx (BLRX) director details extensive employee stock option grants
Filing Impact
Filing Sentiment
Form Type
3
Rhea-AI Filing Summary
BioLineRx Ltd. director Barbara-Jean Anne Bormann-Kennedy filed an initial Form 3 reporting her employee stock option holdings. She lists multiple options to buy Ordinary Shares granted under the 2003 Amended and Restated Share Incentive Plan, with exercise prices such as $0.8370, $0.3560, and $0.0520 per share and expirations between 2026 and 2034. One grant for 2,055,000 underlying shares at an exercise price of $0.0520 per share expires on August 14, 2034; footnotes state that 856,200 of these options were vested as of October 1, 2024, with the remaining 1,198,800 vesting in seven equal quarterly installments, subject to her continued service.
Positive
- None.
Negative
- None.
Insider Trade Summary
10 transactions reported
Mixed
10 txns
Insider
BORMANN-KENNEDY BARBARA-JEAN ANNE
Role
Director
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| holding | Employee Stock Option (Right to Buy) | -- | -- | -- |
| holding | Employee Stock Option (Right to Buy) | -- | -- | -- |
| holding | Employee Stock Option (Right to Buy) | -- | -- | -- |
| holding | Employee Stock Option (Right to Buy) | -- | -- | -- |
| holding | Employee Stock Option (Right to Buy) | -- | -- | -- |
| holding | Employee Stock Option (Right to Buy) | -- | -- | -- |
| holding | Employee Stock Option (Right to Buy) | -- | -- | -- |
| holding | Employee Stock Option (Right to Buy) | -- | -- | -- |
| holding | Employee Stock Option (Right to Buy) | -- | -- | -- |
| holding | Employee Stock Option (Right to Buy) | -- | -- | -- |
Holdings After Transaction:
Employee Stock Option (Right to Buy) — 49,800 shares (Direct)
Footnotes (1)
- Options granted under the 2003 Amended and Restated Share Incentive Plan. The grant date of this grant is July 5, 2016. This option grant is fully vested as of this date. The grant date of this grant is July 5, 2017. This option grant is fully vested as of this date. The grant date of this grant is July 5, 2018. This option grant is fully vested as of this date. The grant date of this grant is July 2, 2019. This option grant is fully vested as of this date. The grant date of this grant is July 2, 2020. This option grant is fully vested as of this date. The grant date of this grant is July 2, 2021. This option grant is fully vested as of this date. The grant date of this grant is July 3, 2022. This option grant is fully vested as of this date. The grant date of this grant is July 3, 2023. This option grant is fully vested as of this date. The grant date of this grant is July 3, 2024. This option grant is fully vested as of this date. The grant date of this grant is October 1, 2024. As of this date, 856,200 of the options were vested as of the date of appointment. The remaining 1,198,800 options will vest in 7 equal quarterly installments, subject to the Reporting Person's continued service to the Issuer as of each vesting date.
FAQ
What does the BioLineRx (BLRX) Form 3 filing report for Barbara-Jean Anne Bormann-Kennedy?
The Form 3 reports Barbara-Jean Anne Bormann-Kennedy’s existing employee stock option holdings in BioLineRx. It lists several option grants to buy Ordinary Shares, detailing exercise prices, expiration dates, and vesting terms under the 2003 Amended and Restated Share Incentive Plan.
Are there any buy or sell transactions in the BioLineRx (BLRX) Form 3 for Bormann-Kennedy?
No new buy or sell transactions are shown; the entries are holdings of employee stock options. Each line reflects an existing option position, with no transaction code indicating open-market purchases or sales of BioLineRx Ordinary Shares in this filing.
What is the largest employee stock option grant reported for Bormann-Kennedy at BioLineRx (BLRX)?
The largest grant covers 2,055,000 underlying Ordinary Shares at an exercise price of $0.0520 per share. This option expires on August 14, 2034, with vesting spread between already vested options and future quarterly vesting installments.
How are the 2,055,000 BioLineRx (BLRX) options for Bormann-Kennedy vesting?
Footnotes state this grant was dated October 1, 2024, with 856,200 options vested as of appointment. The remaining 1,198,800 options vest in seven equal quarterly installments, subject to her continued service with BioLineRx on each vesting date.
Under which plan were Bormann-Kennedy’s BioLineRx (BLRX) options granted?
The options were granted under BioLineRx’s 2003 Amended and Restated Share Incentive Plan. The filing notes multiple annual grants since 2016, each fully vested as of its specified grant date, except the large 2024 grant with ongoing quarterly vesting.