Celldex Therapeutics (CLDX) director receives grant of 26,000 stock options
Filing Impact
Filing Sentiment
Form Type
4
Rhea-AI Filing Summary
Celldex Therapeutics director Herbert J. Conrad received an option grant for 26,000 shares of common stock. The non-qualified stock option has an exercise price of $34.09 per share and expires on June 25, 2036. This award, granted under the company’s 2021 Omnibus Equity Incentive Plan, brings his reported option holdings to 26,000 derivative shares.
Positive
- None.
Negative
- None.
Insider Trade Summary
1 transaction reported
Mixed
1 txn
Insider
CONRAD HERBERT J
Role
null
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Grant/Award | Non-Qualified Stock Option (right to buy) | 26,000 | $0.00 | -- |
Holdings After Transaction:
Non-Qualified Stock Option (right to buy) — 26,000 shares (Direct, null)
Footnotes (1)
- [object Object]
Key Figures
Option grant size: 26,000 options
Exercise price: $34.09 per share
Expiration date: June 25, 2036
+1 more
4 metrics
Option grant size
26,000 options
Non-qualified stock option grant to director on June 25, 2026
Exercise price
$34.09 per share
Conversion or exercise price for the granted options
Expiration date
June 25, 2036
Option expiration for the 26,000-share grant
Total derivative holdings
26,000 derivative shares
Total options held after the reported grant
Key Terms
Non-Qualified Stock Option (right to buy), 2021 Omnibus Equity Incentive Plan, Grant, award, or other acquisition
3 terms
Non-Qualified Stock Option (right to buy) financial
"security_title: "Non-Qualified Stock Option (right to buy)""
2021 Omnibus Equity Incentive Plan financial
"Represents option granted by the Issuer pursuant to its 2021 Omnibus Equity Incentive Plan."
Grant, award, or other acquisition financial
"transaction_code_description: "Grant, award, or other acquisition""
FAQ
What did Celldex Therapeutics (CLDX) director Herbert J. Conrad receive in this Form 4?
Herbert J. Conrad received a grant of 26,000 non-qualified stock options. Each option allows him to buy one share of Celldex common stock at a fixed exercise price under the 2021 Omnibus Equity Incentive Plan.
What is the exercise price of Herbert J. Conrad’s new Celldex (CLDX) stock options?
The new options have an exercise price of $34.09 per share. This means Conrad can buy Celldex common stock at $34.09 regardless of future market price, subject to the plan’s vesting and exercise terms.
How many Celldex (CLDX) options does Herbert J. Conrad hold after this grant?
After the transaction, Herbert J. Conrad holds 26,000 derivative shares in the form of stock options. The Form 4 shows the total derivative position following the grant equals the 26,000 options awarded in this filing.
When do Herbert J. Conrad’s newly granted Celldex (CLDX) options expire?
The non-qualified stock options expire on June 25, 2036. After that date, any unexercised options will lapse, and Conrad will no longer be able to purchase Celldex shares under this specific award.
Under which equity plan were Herbert J. Conrad’s Celldex (CLDX) options granted?
The options were granted under Celldex’s 2021 Omnibus Equity Incentive Plan. This plan allows the company to issue stock-based awards like options to directors, executives, and employees as part of their compensation.
Does this Celldex (CLDX) Form 4 show a stock purchase or sale by Herbert J. Conrad?
The Form 4 reports a grant of non-qualified stock options, not an open-market purchase or sale. The transaction code “A” indicates a grant or award acquisition rather than buying or selling existing shares in the market.