22,000 options granted to Cabaletta Bio (CABA) director Brun
Filing Impact
Filing Sentiment
Form Type
4
Rhea-AI Filing Summary
Cabaletta Bio director Scott C. Brun 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 vest in full on the earlier of June 9, 2027 or the date of the company’s next annual stockholder meeting. Following this award, Brun holds stock options for 22,000 shares. This is a compensation-related grant, not an open-market purchase or sale of shares.
Positive
- None.
Negative
- None.
Insider Trade Summary
1 transaction reported
Mixed
1 txn
Insider
Brun Scott C.
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
Options granted: 22,000 options
Exercise price: $3.22 per share
Expiration date: June 8, 2036
+3 more
6 metrics
Options granted
22,000 options
Stock Option (Right to Buy) grant to director
Exercise price
$3.22 per share
Conversion or exercise price of stock options
Expiration date
June 8, 2036
Option term end
Vesting date trigger
June 9, 2027
Earlier of this date or next annual meeting
Underlying shares
22,000 shares
Common stock subject to the option
Post-grant option holdings
22,000 options
Total options following transaction
Key Terms
Stock Option (Right to Buy), grant/award acquisition, expiration date, underlying security
4 terms
Stock Option (Right to Buy) financial
"security_title: Stock Option (Right to Buy)"
grant/award acquisition financial
"transaction_action: grant/award acquisition"
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The expiration date is the deadline after which a financial contract, such as an option or a futures agreement, is no longer valid or can be exercised.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"
FAQ
What did Cabaletta Bio (CABA) report in this Form 4 filing?
Cabaletta Bio reported a stock option grant to director Scott C. Brun. He received options for 22,000 shares of common stock as a compensation-related award, rather than buying or selling shares on the open market.
How many Cabaletta Bio (CABA) stock options were granted to Scott C. Brun?
Scott C. Brun was granted stock options for 22,000 shares of Cabaletta Bio common stock. These options give him the right to buy shares at a fixed exercise price if the options vest and he chooses to exercise them.
What is the exercise price of the Cabaletta Bio (CABA) options granted to Scott C. Brun?
The options granted to Scott C. Brun have an exercise price of $3.22 per share. This means he can purchase Cabaletta Bio common stock at $3.22 per share if the options vest and he exercises them before they expire.
When do Scott C. Brun’s Cabaletta Bio (CABA) stock options vest?
Scott C. Brun’s options vest in full on the earlier of June 9, 2027 or the date of Cabaletta Bio’s next annual stockholder meeting. Vested options can then be exercised to buy common shares at the set exercise price.
When do the Cabaletta Bio (CABA) stock options granted to Scott C. Brun expire?
The stock options granted to Scott C. Brun expire on June 8, 2036. If he does not exercise the options by that expiration date after they vest, his right to buy Cabaletta Bio shares under this grant will lapse.
Is this Cabaletta Bio (CABA) Form 4 an open-market purchase or sale?
No, this Form 4 reflects a compensation-related grant of stock options to director Scott C. Brun. It does not involve Cabaletta Bio shares being bought or sold on the open market, but rather an award of derivative securities.