Cabaletta Bio (CABA) director receives stock options for 22,000 shares at $3.22
Filing Impact
Filing Sentiment
Form Type
4
Rhea-AI Filing Summary
Cabaletta Bio, Inc. director Richard C. Henriques Jr. received a grant of stock options covering 22,000 shares of common stock. The options have an exercise price of $3.22 per share and expire on June 8, 2036. They will vest in full on the earlier of June 9, 2027 or the date of the company’s next annual stockholder meeting.
Positive
- None.
Negative
- None.
Insider Trade Summary
1 transaction reported
Mixed
1 txn
Insider
HENRIQUES RICHARD C JR
Role
null
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Grant/Award | Stock Option (Right to Buy) | 22,000 | $0.00 | -- |
Holdings After Transaction:
Stock Option (Right to Buy) — 22,000 shares (Direct, null)
Footnotes (1)
- [object Object]
Key Figures
Option grant size: 22,000 shares
Exercise price: $3.22 per share
Expiration date: June 8, 2036
+2 more
5 metrics
Option grant size
22,000 shares
Stock Option (Right to Buy) covering common stock
Exercise price
$3.22 per share
Conversion or exercise price of stock option
Expiration date
June 8, 2036
Option expiration date
Underlying shares
22,000 shares
Underlying common stock for the option
Vesting trigger date
June 9, 2027
Latest vesting date; earlier vesting at next annual meeting
Key Terms
Stock Option (Right to Buy), exercise price, expiration date, underlying security, +1 more
5 terms
Stock Option (Right to Buy) financial
"security_title: Stock Option (Right to Buy)"
exercise price financial
"conversion_or_exercise_price: 3.2200"
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: 2036-06-08T00:00:00.000Z"
The expiration date is the deadline after which a financial contract, such as an option or a futures agreement, is no longer valid or can be exercised.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.
underlying security financial
"underlying_security_title: Common Stock"
vest in full financial
"This option shall vest in full upon the earlier of (i) June 9, 2027 or (ii) the date of the next annual meeting"
FAQ
What did Cabaletta Bio (CABA) disclose in this Form 4 filing?
Cabaletta Bio reported that director Richard C. Henriques Jr. received a stock option grant for 22,000 shares of common stock at an exercise price of $3.22 per share, expiring June 8, 2036, as part of his equity compensation.
What is the exercise price of the Cabaletta Bio (CABA) stock options granted?
The exercise price of the granted stock options is $3.22 per share. This means the director can purchase up to 22,000 shares of Cabaletta Bio common stock at $3.22 if he chooses to exercise the options after they vest and before expiration.
When do the Cabaletta Bio (CABA) stock options granted to the director vest?
The options vest in full on the earlier of June 9, 2027 or the date of Cabaletta Bio’s next annual meeting of stockholders. Full vesting means the director can then exercise all 22,000 options at the $3.22 per share exercise price.
What is the expiration date of the Cabaletta Bio (CABA) stock options granted?
The granted stock options expire on June 8, 2036. If the director does not exercise the options to buy up to 22,000 Cabaletta Bio common shares at $3.22 per share by that date, the options will lapse and become worthless.