Bolt Biotherapeutics (BOLT) reports director stock option replacement details
Rhea-AI Filing Summary
Bolt Biotherapeutics, Inc. director reported stock option transactions dated 12/12/2025. The Form 4 shows several director stock options on common stock being canceled and replaced with new options that have a lower exercise price, as described in the footnotes.
New director stock options with exercise prices such as $5.44 per share cover grants expiring on 12/13/2031, 03/23/2032, 06/09/2032, 06/11/2033, 06/11/2034 and 05/26/2035. One option is fully vested and exercisable, while another for 1,100 shares will vest on the earlier of May 27, 2026 or the day immediately before the next annual meeting of stockholders, and will vest in full upon a change in control, subject to the director’s continuous service.
Positive
- None.
Negative
- None.
Insider Trade Summary
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Grant/Award | Director Stock Option (Right to Buy) | 1,393 | $0.00 | -- |
| Disposition | Director Stock Option (Right to Buy) | 1,393 | $0.00 | -- |
| Grant/Award | Director Stock Option (Right to Buy) | 1,107 | $0.00 | -- |
| Disposition | Director Stock Option (Right to Buy) | 1,107 | $0.00 | -- |
| Grant/Award | Director Stock Option (Right to Buy) | 611 | $0.00 | -- |
| Disposition | Director Stock Option (Right to Buy) | 611 | $0.00 | -- |
| Grant/Award | Director Stock Option (Right to Buy) | 1,250 | $0.00 | -- |
| Disposition | Director Stock Option (Right to Buy) | 1,250 | $0.00 | -- |
| Grant/Award | Director Stock Option (Right to Buy) | 1,250 | $0.00 | -- |
| Disposition | Director Stock Option (Right to Buy) | 1,250 | $0.00 | -- |
| Grant/Award | Director Stock Option (Right to Buy) | 1,100 | $0.00 | -- |
| Disposition | Director Stock Option (Right to Buy) | 1,100 | $0.00 | -- |
| Grant/Award | Director Stock Option (Right to Buy) | 1,100 | $0.00 | -- |
| Disposition | Director Stock Option (Right to Buy) | 1,100 | $0.00 | -- |
Footnotes (1)
- The option is fully vested and exercisable. The reporting person agreed to cancellation of an option granted on December 14, 2021, in exchange for a new option having a lower exercise price. The reporting person agreed to cancellation of an option granted on March 24, 2022, in exchange for a new option having a lower exercise price. The reporting person agreed to cancellation of an option granted on June 10, 2022, in exchange for a new option having a lower exercise price. The reporting person agreed to cancellation of an option granted on June 12, 2023, in exchange for a new option having a lower exercise price. The reporting person agreed to cancellation of an option granted on June 12, 2024, in exchange for a new option having a lower exercise price. The shares subject to the option will vest on the earlier of May 27, 2026 or the day immediately prior to the next annual meeting of stockholders, subject to the Reporting Person's continuous service through such date; provided, however that the option will vest in full upon a change in control of the Issuer. The reporting person agreed to cancellation of an option granted on May 27, 2025, in exchange for a new option having a lower exercise price.
FAQ
What insider activity did Bolt Biotherapeutics (BOLT) report in this Form 4?
A Bolt Biotherapeutics director reported multiple transactions on 12/12/2025, canceling previously granted director stock options and receiving new options on the company’s common stock with lower exercise prices.
What type of securities are involved in the Bolt Biotherapeutics (BOLT) Form 4?
The transactions involve Director Stock Options (Right to Buy) that are exercisable for shares of Bolt Biotherapeutics common stock, with various expiration dates in 2031 through 2035.
Were any of the Bolt Biotherapeutics director options fully vested?
Yes. Footnote 1 states that one option is fully vested and exercisable, meaning the director can already exercise that particular stock option grant.
What is one example of a new exercise price reported in the Bolt Biotherapeutics Form 4?
Several replacement grants carry an exercise price of $5.44 per share for director stock options linked to Bolt Biotherapeutics common stock.
Are the Bolt Biotherapeutics director options held directly or indirectly?
The table indicates the director’s derivative securities are held with direct (D) ownership, rather than through an indirect ownership structure.