Cibus grants stock and options to executive
Cibus, Inc. granted Chief Administrative Officer, General Counsel and Corporate Secretary Jason Stokes 57,000 shares of Class A Common Stock as an equity award.
Rhea-AI Filing Summary
Cibus, Inc. granted Chief Administrative Officer, General Counsel and Corporate Secretary Jason Stokes 57,000 shares of Class A Common Stock as an equity award. He now directly holds 167,865 shares after this grant.
The company also awarded him a stock option for 114,000 shares of Class A Common Stock at an exercise price of $1.50 per share. According to the vesting terms, 1/48 of the options vest monthly on the 24th until the fourth anniversary of the grant date, and the options expire on April 24, 2036. These are compensation-related awards, not open-market purchases or sales.
Positive
- None.
Negative
- None.
Insider Trade Summary
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Grant/Award | Stock Option (Right-to-Buy) | 114,000 | $0.00 | $0.00 |
| Grant/Award | Class A Common Stock | 57,000 | $0.00 | $0.00 |
Footnotes (1)
- F1. 1/48th of the total options vest monthly on the 24th of each month until the fourth anniversary of the date of the grant
Key Figures
Key Terms
Stock Option (Right-to-Buy) financial
Class A Common Stock financial
grant/award acquisition financial
vesting financial
FAQ
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What did Cibus (CBUS) disclose about Jason Stokes in this Form 4?
What are the key terms of Jason Stokes’ Cibus stock option grant?
How do Jason Stokes’ Cibus stock options vest over time?
Were Jason Stokes’ Cibus transactions open-market buys or sells?
AI-generated analysis. How Rhea-AI works. Not financial advice.