Director at Codexis (CDXS) receives 66,350 stock options grant
Filing Impact
Filing Sentiment
Form Type
4
Rhea-AI Filing Summary
CODEXIS, INC. director Cynthia Collins received a grant of stock options covering 66,350 shares of common stock at an exercise price of $2.48 per share. The options vest in full on the earlier of the first anniversary of the grant date or the next annual stockholder meeting, and expire in 2036.
Positive
- None.
Negative
- None.
Insider Trade Summary
1 transaction reported
Mixed
1 txn
Insider
Collins Cynthia
Role
null
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Grant/Award | Stock Option (Right to Buy) | 66,350 | $0.00 | -- |
Holdings After Transaction:
Stock Option (Right to Buy) — 66,350 shares (Direct, null)
Footnotes (1)
- [object Object]
Key Figures
Option grant size: 66,350 options
Exercise price: $2.48 per share
Underlying shares: 66,350 shares
+2 more
5 metrics
Option grant size
66,350 options
Stock Option (Right to Buy) awarded to director on 2026-06-17
Exercise price
$2.48 per share
Conversion or exercise price of stock option grant
Underlying shares
66,350 shares
Underlying Codexis common stock linked to the option award
Post-transaction options held
66,350 options
Total derivative securities following this grant
Option expiration date
June 17, 2036
Expiration of Stock Option (Right to Buy)
Key Terms
Stock Option (Right to Buy), exercise price, vesting, annual stockholder meeting, +1 more
5 terms
Stock Option (Right to Buy) financial
"security_title: Stock Option (Right to Buy)"
exercise price financial
"conversion_or_exercise_price: 2.4800"
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.
vesting financial
"This option vests and becomes exercisable with respect to all of the shares"
Vesting is the process by which you earn full ownership of something, like company stock or a retirement benefit, over time. It’s like earning the right to keep a gift piece by piece the longer you stay with a company, making sure employees stay committed before they receive all the benefits.
annual stockholder meeting financial
"on the earlier of the first anniversary of the date of grant or the next annual stockholder meeting"
An annual stockholder meeting is a yearly gathering where a company's owners (shareholders) receive updates on performance, vote on key issues like board members, executive pay and major corporate plans, and ask questions of management. Think of it as a company town hall where choices about oversight and direction are decided; outcomes can affect management accountability, corporate strategy and ultimately the value and risks of investors’ shares.
Grant, award, or other acquisition financial
"transaction_code_description: Grant, award, or other acquisition"
FAQ
What did Codexis (CDXS) director Cynthia Collins receive in this Form 4 filing?
Cynthia Collins received a grant of stock options for 66,350 shares of Codexis common stock. These options are a compensation-related award and give her the right to buy shares at a fixed $2.48 exercise price before the options expire in 2036.
What is the exercise price of Cynthia Collins’ new Codexis (CDXS) stock options?
The exercise price of the new stock options is $2.48 per share. This means Collins can purchase Codexis common stock at $2.48 once the options vest, any time before they expire on June 17, 2036, subject to the vesting conditions being satisfied.
When do Cynthia Collins’ Codexis (CDXS) stock options vest according to the Form 4?
The options vest and become exercisable in full on the earlier of the first anniversary of the grant date or the next annual stockholder meeting. Vesting also requires that Collins continues to serve as a director on the applicable vesting date for the award.
How many Codexis (CDXS) options does Cynthia Collins hold after this transaction?
After this grant, Collins holds 66,350 stock options according to the Form 4. These options are linked to an equal number of underlying Codexis common shares and represent her position from this reported award, with no other derivative positions shown here.