Boundless Bio Strengthens Director Incentives with New Equity Compensation Plan
Filing Impact
Filing Sentiment
Form Type
4
Rhea-AI Filing Summary
Director Jennifer Lew of Boundless Bio received a stock option grant on June 23, 2025. The grant consists of options to purchase 16,000 shares of common stock at an exercise price of $1.03 per share.
Key details of the stock option grant:
- Exercise price: $1.03 per share
- Expiration date: June 22, 2035
- Vesting schedule: Monthly installments over 12 months through June 23, 2026
- Accelerated vesting provision: Any unvested portion will vest at next annual stockholder meeting if occurring before June 23, 2026
- Vesting contingent on continued board service
The Form 4 was filed by Jessica Oien as attorney-in-fact for Jennifer Lew, reporting a direct ownership form of the derivative securities.
Positive
- None.
Negative
- None.
Insider Trade Summary
1 transaction reported
Mixed
1 txn
Insider
Lew Jennifer
Role
Director
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Grant/Award | Stock Option (right to buy) | 16,000 | $0.00 | -- |
Holdings After Transaction:
Stock Option (right to buy) — 16,000 shares (Direct)
Footnotes (1)
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FAQ
What stock options did Jennifer Lew receive from BOLD on June 23, 2025?
Jennifer Lew, a Director at Boundless Bio (BOLD), received 16,000 stock options with an exercise price of $1.03 per share. These options were granted on June 23, 2025, and expire on June 22, 2035.
What is the vesting schedule for Jennifer Lew's BOLD stock options granted in June 2025?
The stock options vest in 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 that meeting date, subject to Lew's continued service on the board.
What position does Jennifer Lew hold at BOLD?
Jennifer Lew serves as a Director on the Board of Directors of Boundless Bio (BOLD), as indicated by the 'X' marked under the Director category in the Form 4 filing.
What was the total value of BOLD stock options granted to Jennifer Lew in June 2025?
Jennifer Lew received 16,000 stock options with an exercise price of $1.03 per share. The Form 4 indicates these were granted at $0 cost to her, as they are compensation for her service as a Director.