Boundless Bio Board Member Receives Annual Stock Compensation Package Worth $24.7K
Filing Impact
Filing Sentiment
Form Type
4
Rhea-AI Filing Summary
Director Jonathan E. Lim of Boundless Bio received a stock option grant on June 23, 2025, representing a significant insider transaction. The key details include:
- Granted 24,000 stock options to purchase common stock
- Exercise price set at $1.03 per share
- Options expire on June 22, 2035
- Vesting schedule: Equal monthly installments over 12 months through June 23, 2026
- Accelerated vesting provision if next annual stockholder meeting occurs before June 23, 2026
The grant was executed under direct ownership, with Jessica Oien signing as attorney-in-fact. This equity compensation aligns with standard director compensation practices and demonstrates the company's commitment to retaining board talent through long-term incentives.
Positive
- None.
Negative
- None.
Insider Trade Summary
1 transaction reported
Mixed
1 txn
Insider
Lim Jonathan E
Role
Director
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Grant/Award | Stock Option (right to buy) | 24,000 | $0.00 | -- |
Holdings After Transaction:
Stock Option (right to buy) — 24,000 shares (Direct)
Footnotes (1)
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FAQ
How many stock options did BOLD director Jonathan Lim receive on June 23, 2025?
Jonathan Lim received 24,000 stock options (right to buy) of BOLD common stock on June 23, 2025, with an exercise price of $1.03 per share.
What is the vesting schedule for BOLD director Jonathan Lim's stock options granted in June 2025?
The stock options vest in substantially equal monthly installments over 12 months following June 23, 2025. However, if BOLD's next annual stockholder meeting occurs before June 23, 2026, any remaining unvested portion will vest on the date of that meeting, subject to Lim's continued service on the board.
When do Jonathan Lim's BOLD stock options expire?
The stock options granted to Jonathan Lim expire on June 22, 2035, ten years after the grant date.
What is the exercise price of BOLD stock options granted to director Jonathan Lim in June 2025?
The exercise price of the stock options granted to Jonathan Lim is $1.03 per share.