BELITE BIO director reports stock option holdings
BELITE BIO director John Michael Longo reported his initial beneficial ownership on a Form 3, showing two stock option awards over ordinary shares.
Rhea-AI Filing Summary
BELITE BIO director John Michael Longo reported his initial beneficial ownership on a Form 3, showing two stock option awards over ordinary shares. One option allows him to buy 50,000 shares at $6.0000 per share, expiring on April 17, 2032, vesting monthly from April 28, 2022 over three years. A second option covers 60,000 shares at an exercise price of $58.8800, expiring on April 14, 2035, vesting in 36 equal monthly installments starting after April 15, 2025, subject to continued service.
Positive
- None.
Negative
- None.
Insider Trade Summary
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| holding | Stock Option (right to buy) | -- | -- | -- |
| holding | Stock Option (right to buy) | -- | -- | -- |
Footnotes (2)
- F1. The option shall vest (i) as to 20,000 ordinary shares subject to the option in 12 equal and continuous monthly installments for each full month of services completed following April 28, 2022, and (ii) as to the remaining 30,000 ordinary shares subject to the option in 24 equal and continuous monthly installments for each full month of services completed following the first anniversary of April 28, 2022, subject to continued service to the Issuer on each such date.
- F2. The option shall vest as to 60,000 ordinary shares subject to the option in 36 equal and continue monthly installments for each full month of services completed following April 15, 2025, subject to continued service to the Issuer on such date.
FAQ
AI-generated questions and answers. How Rhea-AI works. Not financial advice.
What does the BELITE BIO (BLTE) Form 3 filing by John Michael Longo report?
What are the exercise prices of John Michael Longo’s BELITE BIO (BLTE) options?
How do John Michael Longo’s BELITE BIO (BLTE) options vest over time?
When do John Michael Longo’s BELITE BIO (BLTE) stock options expire?
Does the BELITE BIO (BLTE) Form 3 show any stock purchases or sales by John Michael Longo?
AI-generated analysis. How Rhea-AI works. Not financial advice.