Bionano Genomics (NASDAQ: BNGO) director awarded 9,149 options
Filing Impact
Filing Sentiment
Form Type
4
Rhea-AI Filing Summary
Bionano Genomics director Aleksandar Rajkovic received a grant of stock options for 9,149 shares of common stock at an exercise price of $1.19 per share. These options vest in equal monthly installments over 12 months and expire on May 13, 2036.
The award is standard equity compensation, not an open‑market stock purchase or sale. The options will be fully vested by the company’s next annual stockholder meeting or upon a qualifying Change of Control, assuming continuous service through each vesting date.
Positive
- None.
Negative
- None.
Insider Trade Summary
1 transaction reported
Mixed
1 txn
Insider
Rajkovic Aleksandar
Role
null
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Grant/Award | Stock Option (Right to Buy) | 9,149 | $0.00 | -- |
Holdings After Transaction:
Stock Option (Right to Buy) — 9,149 shares (Direct, null)
Footnotes (1)
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Key Figures
Options granted: 9,149 options
Exercise price: $1.19 per share
Underlying shares: 9,149 shares
+2 more
5 metrics
Options granted
9,149 options
Stock Option (Right to Buy) grant to director
Exercise price
$1.19 per share
Conversion or exercise price of options
Underlying shares
9,149 shares
Common stock underlying granted options
Expiration date
May 13, 2036
Option expiration date
Post-grant derivative holdings
9,149 options
Total derivative securities following transaction
Key Terms
Stock Option (Right to Buy), Continuous Service, Change of Control, equity incentive plan
4 terms
Stock Option (Right to Buy) financial
"security_title: Stock Option (Right to Buy)"
Continuous Service financial
"subject to the option holder's Continuous Service through each such vesting date"
Change of Control financial
"will vest in full upon a Change of Control as defined in the plan"
A change of control occurs when the ownership or management of a company shifts significantly, such as through a sale, merger, or acquisition, resulting in new leadership or ownership structure. This change can impact the company's direction and decision-making, which is important for investors because it may affect the company's stability, strategy, and future prospects.
equity incentive plan financial
"as defined in the Company's 2018 equity incentive plan"
An equity incentive plan is a program that gives employees, executives or directors the right to receive company stock or options to buy stock as part of their pay. Think of it as offering slices of future company profit to motivate people to boost long‑term performance; for investors it matters because it can align employee goals with shareholder value but also increases the number of shares outstanding, which can dilute existing ownership.
FAQ
What did Bionano Genomics (BNGO) director Aleksandar Rajkovic report on this Form 4?
He reported receiving a grant of stock options for 9,149 shares of Bionano Genomics common stock. This is a compensation-related award, not a market trade, and reflects additional potential future ownership if the options are exercised.
What is the exercise price and expiration date of the Bionano (BNGO) options granted?
The granted stock options have an exercise price of $1.19 per share and expire on May 13, 2036. The director can choose to exercise the options before expiration, subject to vesting and other plan terms.
How do the Bionano Genomics (BNGO) stock options granted to the director vest?
The 9,149 stock options vest in equal monthly installments over the 12 months following the grant date. They will in any case be fully vested by the next annual stockholder meeting, assuming continuous service through each vesting date.
Are the Bionano (BNGO) option awards to the director tied to continued service?
Yes. Vesting is subject to the option holder’s continuous service as defined in Bionano Genomics’ 2018 equity incentive plan. If service ends before vesting dates, unvested options may be forfeited under the plan’s terms.
What happens to the Bionano Genomics (BNGO) options if there is a Change of Control?
According to the disclosure, the options will vest in full upon a Change of Control, as defined in Bionano Genomics’ 2018 equity incentive plan. This accelerates vesting, giving the director the right to exercise all granted options.