Climb Bio (CLYM) director Judith Dunn receives 40,000 stock options grant
Filing Impact
Filing Sentiment
Form Type
4
Rhea-AI Filing Summary
Climb Bio, Inc. director Judith Dunn received a grant of stock options representing the right to buy 40,000 shares of common stock. The options have an exercise price of $10.55 per share and expire on June 4, 2036. The 40,000 underlying shares will vest on the earlier of June 5, 2027 or the date immediately prior to the next annual meeting of stockholders, as long as she continues to serve through that date. Following this grant, she holds stock options for 40,000 shares directly.
Positive
- None.
Negative
- None.
Insider Trade Summary
1 transaction reported
Mixed
1 txn
Insider
Dunn Judith
Role
null
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Grant/Award | Stock Option (Right to Buy) | 40,000 | $0.00 | -- |
Holdings After Transaction:
Stock Option (Right to Buy) — 40,000 shares (Direct, null)
Footnotes (1)
- [object Object]
Key Figures
Options granted: 40,000 options
Exercise price: $10.55 per share
Expiration date: June 4, 2036
+2 more
5 metrics
Options granted
40,000 options
Stock Option (Right to Buy) granted to director Judith Dunn
Exercise price
$10.55 per share
Exercise price of stock options for Climb Bio common stock
Expiration date
June 4, 2036
Expiration of stock option grant
Underlying shares
40,000 shares
Common stock underlying the stock option grant
Post-grant holdings
40,000 options
Total stock options held directly after the transaction
Key Terms
Stock Option (Right to Buy), exercise price, expiration date, annual meeting of stockholders
4 terms
Stock Option (Right to Buy) financial
"security_title: Stock Option (Right to Buy)"
exercise price financial
"conversion_or_exercise_price: 10.5500"
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: 2036-06-04T00:00:00.000Z"
The expiration date is the deadline after which a financial contract, such as an option or a futures agreement, is no longer valid or can be exercised.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.
annual meeting of stockholders financial
"earlier of June 5, 2027 or the date immediately prior to the date of the next annual meeting of stockholders"
FAQ
What did Climb Bio (CLYM) director Judith Dunn report on this Form 4?
Judith Dunn reported receiving a grant of stock options for 40,000 shares of Climb Bio common stock. These options are compensation-related and give her the right to buy shares at a fixed exercise price if they vest.
How many Climb Bio (CLYM) stock options did Judith Dunn receive and at what price?
She received stock options covering 40,000 shares of Climb Bio common stock with an exercise price of $10.55 per share. This price is the amount she would pay per share if she chooses to exercise the options in the future.
When do Judith Dunn’s Climb Bio (CLYM) stock options vest?
The options will vest on the earlier of June 5, 2027 or the date immediately before Climb Bio’s next annual stockholder meeting. Vesting is conditional on her continued service with the company through that applicable date.
What is the expiration date of Judith Dunn’s Climb Bio (CLYM) stock options?
The options expire on June 4, 2036. After this expiration date, any unexercised options will lapse, meaning she would no longer be able to purchase Climb Bio shares under this specific option grant.
How many Climb Bio (CLYM) options does Judith Dunn hold after this grant?
After this transaction, she holds stock options for 40,000 shares of Climb Bio common stock directly. The filing does not list additional derivative positions beyond this grant in the derivative position summary.