Cellectar Biosciences (NASDAQ: CLRB) awards 15,000 stock options to consultant
Filing Impact
Filing Sentiment
Form Type
4/A
Rhea-AI Filing Summary
Cellectar Biosciences, Inc. reported that consultant Loren Stefan received a grant of stock options covering 15,000 shares of common stock. The options have an exercise price of $2.6900 per share and expire on July 8, 2036. The award vests in full on July 8, 2027, subject to continued service through that date. Following this grant, Stefan holds 15,000 stock options directly.
Positive
- None.
Negative
- None.
Insider Trade Summary
1 transaction reported
Mixed
1 txn
Insider
Loren Stefan
Role
null
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Grant/Award | Stock option (right to buy) | 15,000 | $0.00 | -- |
Holdings After Transaction:
Stock option (right to buy) — 15,000 shares (Direct, null)
Footnotes (1)
- [object Object]
Key Figures
Options granted: 15,000 options
Exercise price: $2.6900 per share
Expiration date: July 8, 2036
+2 more
5 metrics
Options granted
15,000 options
Stock option grant to consultant Loren Stefan covering common stock
Exercise price
$2.6900 per share
Exercise price for the 15,000 stock options granted
Expiration date
July 8, 2036
Expiration of stock options granted to Loren Stefan
Vesting date
July 8, 2027
Options vest in full on this date subject to continued service
Holdings after transaction
15,000 options
Total stock options held directly by Loren Stefan after the grant
Key Terms
Stock option (right to buy), exercise price, vest in full
3 terms
Stock option (right to buy) financial
"security_title: Stock option (right to buy)"
exercise price financial
"conversion_or_exercise_price: 2.6900"
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.
vest in full financial
"This option shall vest in full on July 8, 2027"
FAQ
What insider transaction did Cellectar Biosciences (CLRB) report for Loren Stefan?
Cellectar Biosciences reported that consultant Loren Stefan received a grant of 15,000 stock options to buy common stock at $2.6900 per share, expiring on July 8, 2036.
What is the vesting schedule of the new CLRB stock options granted to Loren Stefan?
The 15,000 stock options granted to consultant Loren Stefan will vest in full on July 8, 2027, subject to his continued service through that vesting date.
What is the exercise price of the Cellectar Biosciences (CLRB) options granted to Loren Stefan?
The options granted to consultant Loren Stefan have an exercise price of $2.6900 per share for 15,000 underlying shares of Cellectar Biosciences common stock.
How many CLRB options does Loren Stefan hold after this reported transaction?
After the reported grant, consultant Loren Stefan holds 15,000 stock options directly, each representing the right to purchase one share of Cellectar Biosciences common stock.
Is the Form 4/A transaction for CLRB an open-market buy or a grant?
The Form 4/A for Cellectar Biosciences shows a grant/award acquisition of 15,000 stock options to consultant Loren Stefan, not an open-market purchase or sale.