Bionano Genomics, Inc. (BNGO) CSO lists 54,000-share stock option position
Rhea-AI Filing Summary
Bionano Genomics, Inc. reports that Chief Scientific Officer Hastie Alex Reid holds a stock option (right to buy) covering 54,000 shares of Common Stock at an exercise price of $1.12 per share, with an expiration date of August 2, 2036.
According to the vesting terms, 25% of the option shares vest and become exercisable on August 2, 2027, and the remaining shares vest in 36 equal monthly installments thereafter, subject to his Continuous Service under the company's 2018 Plan.
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Insider Trade Summary
1 transaction reported
Mixed
1 txn
Insider
Hastie Alex Reid
Role
Chief Scientific Officer
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| holding | Stock Option (Right to Buy) F1 | -- | -- | -- |
Holdings After Transaction:
Stock Option (Right to Buy) — 54,000 shares (Direct)
Footnotes (1)
- F1. 25% of the shares subject to the option shall vest and become exercisable on August 2, 2027, and the remaining shares shall vest in a series of 36 successive equal monthly installments measured from August 2, 2027, subject to the Reporting Person's Continuous Service (as defined in the Company's 2018 Plan) through each such applicable vesting date.
Key Figures
Underlying option shares: 54000.0000 shares
Exercise price: $1.1200 per share
Option expiration date: 2036-08-02
+2 more
5 metrics
Underlying option shares
54000.0000 shares
Stock Option (Right to Buy) for Common Stock held directly by Hastie Alex Reid
Exercise price
$1.1200 per share
Exercise price for the Stock Option (Right to Buy) on Common Stock
Option expiration date
2036-08-02
Expiration date of the reported stock option position
Initial vesting portion
25% of shares
Portion of option shares that vest and become exercisable on August 2, 2027
Remaining vesting installments
36 monthly installments
Remaining shares vest in 36 successive equal monthly installments from August 2, 2027
Key Terms
Stock Option (Right to Buy), Continuous Service, 2018 Plan, underlying security
4 terms
Stock Option (Right to Buy) financial
"Security title is listed as Stock Option (Right to Buy)"
Continuous Service financial
"subject to the Reporting Person's Continuous Service as defined in the 2018 Plan"
2018 Plan financial
"as defined in the Company's 2018 Plan through each such applicable vesting date"
underlying security financial
"underlying security title is identified as Common Stock"
AI-generated analysis. How Rhea-AI works. Not financial advice.
FAQ
What stock option holding did Bionano Genomics (BNGO) report for Hastie Alex Reid?
Bionano Genomics reported that Hastie Alex Reid holds a stock option for 54,000 shares of Common Stock at an exercise price of $1.12 per share. The option is a Stock Option (Right to Buy) and remains outstanding as a direct holding.
When do the BNGO stock options for Hastie Alex Reid begin vesting?
Vesting on this BNGO stock option begins on August 2, 2027, when 25% of the shares vest and become exercisable. The remaining shares then vest in a series of 36 equal monthly installments measured from that same August 2, 2027 date.
What is the exercise price of Hastie Alex Reid’s Bionano Genomics (BNGO) stock option?
The exercise price of Hastie Alex Reid’s stock option is $1.12 per share for the underlying Common Stock. This price applies to each of the 54,000 underlying shares covered by the Stock Option (Right to Buy) reported as a direct holding.
When does the reported Bionano Genomics (BNGO) stock option held by Hastie Alex Reid expire?
The reported stock option held by Hastie Alex Reid expires on August 2, 2036. This expiration date applies to the Stock Option (Right to Buy) covering 54,000 shares of Common Stock, assuming the option has vested and remains outstanding under its terms.
What does Continuous Service mean for the vesting of Bionano Genomics (BNGO) options held by Hastie Alex Reid?
The vesting terms require Hastie Alex Reid’s Continuous Service as defined in Bionano Genomics’ 2018 Plan. Option shares vest only if he continues in such service through each scheduled vesting date, including the August 2, 2027 cliff and the 36 monthly installments.