Director at Cabaletta Bio (CABA) receives grant of 22,000 stock options
Filing Impact
Filing Sentiment
Form Type
4
Rhea-AI Filing Summary
Cabaletta Bio director Simon Mark received a grant of stock options as part of his compensation. The award covers 22,000 options to buy Cabaletta Bio common stock at an exercise price of $3.22 per share, expiring on June 8, 2036.
The options will vest in full on the earlier of June 9, 2027 or the date of the company’s next annual stockholder meeting. 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
Simon Mark
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
+2 more
5 metrics
Options granted
22,000 options
Stock Option (Right to Buy) granted to director Simon Mark
Exercise price
$3.22 per share
Conversion or exercise price for the stock options
Expiration date
June 8, 2036
Option term end date
Underlying shares
22,000 shares
Common stock underlying the granted options
Holdings after grant
22,000 derivative securities
Total stock options held following this transaction
Key Terms
Stock Option (Right to Buy), Grant, award, or other acquisition, exercise price, expiration date, +1 more
5 terms
Stock Option (Right to Buy) financial
"security_title: Stock Option (Right to Buy)"
Grant, award, or other acquisition financial
"transaction_code_description: Grant, award, or other acquisition"
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The expiration date is the deadline after which a financial contract, such as an option or a futures agreement, is no longer valid or can be exercised.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.
vest in full financial
"This option shall vest in full upon the earlier of June 9, 2027 or the next annual meeting"
FAQ
What did Cabaletta Bio (CABA) disclose in this Form 4 filing?
Cabaletta Bio disclosed that director Simon Mark received a grant of 22,000 stock options. These options give him the right to buy common shares at $3.22, expiring in 2036, as part of his board-level compensation package.
How many Cabaletta Bio (CABA) stock options were granted to Simon Mark?
Simon Mark was granted 22,000 stock options. Each option represents the right to purchase one share of Cabaletta Bio common stock at a fixed exercise price, providing equity-based incentive aligned with long-term shareholder interests and company performance.
What is the exercise price and expiration date of Simon Mark’s Cabaletta Bio options?
The options have an exercise price of $3.22 per share and expire on June 8, 2036. This means he can choose to buy shares at $3.22 any time after vesting until that expiration date, subject to the company’s equity plan rules.
When do Simon Mark’s Cabaletta Bio stock options vest?
The stock options vest in full on the earlier of June 9, 2027 or the date of Cabaletta Bio’s next annual stockholder meeting. Full vesting is required before he can exercise the options to purchase underlying common shares.
Is this Cabaletta Bio Form 4 a stock purchase or sale by Simon Mark?
This Form 4 reports a grant of stock options, not an open-market share purchase or sale. It reflects a compensation award giving future rights to buy Cabaletta Bio common stock, rather than an immediate cash transaction in the company’s shares.