BeyondSpring (BYSI) director Xu Sihai awarded 18,689 stock options at $1.64
Filing Impact
Filing Sentiment
Form Type
4
Rhea-AI Filing Summary
Xu Sihai reported acquisition or exercise transactions in this Form 4 filing.
BeyondSpring Inc. director Xu Sihai received a grant of stock options covering 18,689 ordinary shares. The options have a strike price of $1.64 per share and expire on April 1, 2036.
According to the grant terms, all of these stock options vest on April 1, 2027, provided Xu continues to serve with the company through that date. This award increases his directly held derivative position to 18,689 options and reflects compensation rather than an open-market purchase or sale.
Positive
- None.
Negative
- None.
Insider Trade Summary
1 transaction reported
Mixed
1 txn
Insider
Xu Sihai
Role
Director
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Grant/Award | Stock Options (right to buy) | 18,689 | $0.00 | -- |
Holdings After Transaction:
Stock Options (right to buy) — 18,689 shares (Direct)
Footnotes (1)
- [object Object]
Key Figures
Options granted: 18,689 options
Exercise price: $1.64 per share
Options expiration: April 1, 2036
+2 more
5 metrics
Options granted
18,689 options
Stock options to purchase ordinary shares granted to director Xu Sihai
Exercise price
$1.64 per share
Strike price for the 18,689 stock options
Options expiration
April 1, 2036
Expiration date of the granted stock options
Vesting date
April 1, 2027
All options vest on this date subject to continuous service
Options held after grant
18,689 options
Total derivative holdings following this transaction
Key Terms
Stock Options (right to buy), exercise price, expiration date, 2017 Omnibus Incentive Plan, +1 more
5 terms
Stock Options (right to buy) financial
"security_title: "Stock Options (right to buy)""
exercise price financial
"conversion_or_exercise_price: "1.6400""
The exercise price is the fixed amount at which you can buy or sell an asset, like a stock, when using an options contract. It matters because it helps determine whether exercising the option will be profitable or not, depending on the current market price. Think of it as the set price you agree on today to buy or sell later.
expiration date financial
"expiration_date: "2036-04-01T00:00:00.000Z""
The expiration date is the deadline after which a financial contract, such as an option or a futures agreement, is no longer valid or can be exercised. It matters to investors because it determines the timeframe during which they can take action or benefit from the contract, similar to how a coupon or a food item has a limited period of usefulness. Once the expiration date passes, the contract loses its value or ability to be used.
2017 Omnibus Incentive Plan financial
"grant of stock options to purchase ordinary shares of the Issuer under the 2017 Omnibus Incentive Plan"
vest financial
"All of the stock options will vest on April 1, 2027"
A vest is the process by which an employee earns the right to receive certain benefits or ownership interests, such as stock or retirement funds, over time. It’s similar to earning a reward gradually, ensuring that the benefit becomes fully yours only after a set period or meeting specific conditions. This makes it important for investors because it determines when they can actually claim or use those benefits.
FAQ
What did BeyondSpring (BYSI) director Xu Sihai report in this Form 4?
Director Xu Sihai reported receiving a grant of 18,689 stock options for BeyondSpring ordinary shares. These options are compensation-based, not an open-market trade, and give him the right to buy shares at a fixed price in the future.
How many BeyondSpring (BYSI) options were granted to Xu Sihai and at what price?
Xu Sihai received 18,689 stock options with an exercise price of $1.64 per share. This means he can buy up to 18,689 BeyondSpring ordinary shares at $1.64 if and when the options vest and are exercised.
When do the newly granted BeyondSpring (BYSI) options to Xu Sihai vest?
All of Xu Sihai’s 18,689 stock options vest on April 1, 2027. Vesting is contingent on his continuous service with BeyondSpring through that date, so he must remain with the company to receive the full benefit of the grant.
When do Xu Sihai’s newly granted BeyondSpring (BYSI) options expire?
The granted stock options expire on April 1, 2036. After that date, any unexercised options become worthless, so the exercise opportunity is limited to the period between vesting in 2027 and the expiration in 2036.
Are Xu Sihai’s new BeyondSpring (BYSI) options an open-market stock purchase or sale?
No. The filing describes a grant of stock options under the 2017 Omnibus Incentive Plan, not an open-market trade. This is compensation-related, with no shares bought or sold in the market at the time of the grant.
What is Xu Sihai’s option position in BeyondSpring (BYSI) after this grant?
Following the transaction, Xu Sihai holds 18,689 stock options directly. Each option relates to one ordinary share of BeyondSpring, giving him potential future ownership if the options vest and he chooses to exercise them.