Bob's Discount (BOBS) executive exercises 30,000 stock options at $5.61
Filing Impact
Filing Sentiment
Form Type
4
Rhea-AI Filing Summary
Bob's Discount Furniture executive Stephen Moeller exercised stock options to acquire 30,000 shares of Common Stock at $5.61 per share. After the transaction, he directly holds 45,000 Common shares.
He also continues to hold 164,473 stock options that are exercisable into Common Stock and expire on October 14, 2034, with vesting in equal annual installments over five years starting October 14, 2025.
Positive
- None.
Negative
- None.
Insider Trade Summary
30,000 shares exercised/converted
Mixed
2 txns
Insider
Moeller Stephen
Role
See Remarks
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Exercise | Stock Options (Right to Buy) | 30,000 | $0.00 | -- |
| Exercise | Common Stock | 30,000 | $5.61 | $168K |
Holdings After Transaction:
Stock Options (Right to Buy) — 164,473 shares (Direct, null);
Common Stock — 45,000 shares (Direct, null)
Footnotes (1)
- [object Object]
Key Figures
Options exercised: 30,000 shares
Exercise price: $5.61 per share
Shares held after: 45,000 shares
+3 more
6 metrics
Options exercised
30,000 shares
Common Stock acquired via option exercise on May 18, 2026
Exercise price
$5.61 per share
Conversion or exercise price for 30,000 stock options
Shares held after
45,000 shares
Total Common Stock directly owned following the transaction
Remaining options
164,473 options
Stock Options (Right to Buy) outstanding after the exercise
Option expiration
October 14, 2034
Expiration date of the reported stock options grant
Vesting schedule
5 annual installments
Options vest annually over five years starting October 14, 2024
Key Terms
Stock Options (Right to Buy), Common Stock, Exercise or conversion of derivative security, vesting start date, +1 more
5 terms
Stock Options (Right to Buy) financial
"security_title: "Stock Options (Right to Buy)""
Common Stock financial
"security_title: "Common Stock""
Common stock represents ownership shares in a company, giving investors a stake in its success and a say in important decisions through voting rights. It is the most common type of stock traded on markets and can provide income through dividends, as well as potential for value growth. For investors, holding common stock means sharing in the company’s profits and risks.
Exercise or conversion of derivative security financial
"transaction_code_description: "Exercise or conversion of derivative security""
vesting start date financial
"The options had a vesting start date of October 14, 2024"
equal annual installments financial
"and vests in equal annual installments over 5 years"
FAQ
What did Stephen Moeller report in his Form 4 for BOBS?
Stephen Moeller reported exercising stock options to acquire 30,000 shares of Bob's Discount Furniture Common Stock at $5.61 per share. This is an exercise of previously granted options, not an open-market purchase or sale of shares.
What were the key terms of Stephen Moeller’s exercised stock options at Bob's Discount Furniture (BOBS)?
The exercised stock options covered 30,000 underlying Common shares at a conversion or exercise price of $5.61 per share. These options form part of a grant that vests in equal annual installments over five years, starting from October 14, 2024.
How many Bob's Discount Furniture stock options does Stephen Moeller still hold?
After exercising 30,000 options, Stephen Moeller still holds 164,473 stock options in Bob's Discount Furniture. These remaining options are rights to buy Common Stock and are scheduled to expire on October 14, 2034, subject to their vesting schedule.
When do Stephen Moeller’s Bob's Discount Furniture stock options vest?
The options have a vesting start date of October 14, 2024 and vest in equal annual installments over five years. Each annual tranche vests on the anniversary of the vesting start date, subject to continued service through the applicable vesting dates.
Is Stephen Moeller’s Form 4 transaction in BOBS an open-market trade?
No, the Form 4 shows a code M transaction, which is an exercise or conversion of a derivative security. It reflects stock option exercise activity rather than an open-market buy or sell of Bob's Discount Furniture Common Stock.