Boundless Bio Strengthens Board Compensation with New Director Option Package
Filing Impact
Filing Sentiment
Form Type
4
Rhea-AI Filing Summary
Boundless Bio director Nancy Whiting received a stock option grant on June 23, 2025, according to a Form 4 filing. The key details of the transaction include:
- Granted 16,000 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 options were granted as part of director compensation and are subject to continued service on the company's board. The transaction was executed under direct ownership, with Jessica Oien signing as attorney-in-fact for Nancy Whiting.
Positive
- None.
Negative
- None.
Insider Trade Summary
1 transaction reported
Mixed
1 txn
Insider
Whiting Nancy
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 Nancy Whiting receive from BOLD on June 23, 2025?
Nancy Whiting received 16,000 stock options with an exercise price of $1.03 per share. These options expire on June 22, 2035 and were granted as part of her compensation as a Director of Boundless Bio.
What is the vesting schedule for Nancy Whiting's BOLD stock options granted in June 2025?
The stock options vest in equal monthly installments over 12 months from June 23, 2025 through June 23, 2026. However, if the next annual stockholder meeting occurs before June 23, 2026, any remaining unvested portions will vest on the date of that meeting, contingent on her continued service as a director.
What position does Nancy Whiting hold at BOLD?
According to the Form 4 filing, Nancy Whiting serves as a Director on the Board of Boundless Bio, Inc. This is indicated by the 'X' marked in the Director box under the Relationship of Reporting Person(s) to Issuer section.
What is the exercise price and expiration date of BOLD's stock options granted to Nancy Whiting?
The stock options were granted with an exercise price of $1.03 per share and expire on June 22, 2035, ten years after the grant date.