Director at Compass Pathways (CMPS) receives 21,110 share options
Filing Impact
Filing Sentiment
Form Type
4
Rhea-AI Filing Summary
COMPASS Pathways plc director Justin D. Gover received a grant of share options over 21,110 Ordinary Shares. These options have an exercise price of $11.85 per share and expire on May 26, 2036. The shares underlying this option vest in full on the earlier of the first anniversary of the grant date or the company’s Annual General Meeting of Shareholders in 2027. The options are held directly and may be exercised for Ordinary Shares, which may be represented by American Depositary Shares, each currently equal to one Ordinary Share.
Positive
- None.
Negative
- None.
Insider Trade Summary
1 transaction reported
Mixed
1 txn
Insider
Gover Justin D.
Role
null
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Grant/Award | Share Option (Right to Buy) | 21,110 | $0.00 | -- |
Holdings After Transaction:
Share Option (Right to Buy) — 21,110 shares (Direct, null)
Footnotes (1)
- The shares underlying this option vest in full upon the earlier to occur of (i) the first anniversary of the date of grant or (ii) the date of COMPASS Pathways plc's Annual General Meeting of Shareholders in 2027. The Ordinary Shares may be represented by American Depositary Shares, each of which currently represents one Ordinary Share.
Key Figures
Options granted: 21,110 share options
Exercise price: $11.85 per share
Underlying shares: 21,110 Ordinary Shares
+2 more
5 metrics
Options granted
21,110 share options
Grant to director Justin D. Gover
Exercise price
$11.85 per share
Strike price for granted options
Underlying shares
21,110 Ordinary Shares
Shares subject to the option
Expiration date
May 26, 2036
Option expiry
Vesting trigger
Earlier of 1-year anniversary or 2027 AGM
Full vesting condition for the option
Key Terms
Share Option (Right to Buy), American Depositary Shares, Annual General Meeting of Shareholders, exercise price
4 terms
exercise price financial
"conversion_or_exercise_price: "11.8500""
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.
FAQ
What did COMPASS Pathways (CMPS) director Justin D. Gover report on this Form 4?
Justin D. Gover reported receiving a grant of share options over 21,110 Ordinary Shares. These options were awarded as compensation, not bought on the market, and give him the right to purchase shares at a fixed exercise price in the future.
When do Justin D. Gover’s COMPASS Pathways (CMPS) options vest?
The options vest in full on the earlier of two dates: the first anniversary of the grant date or the company’s Annual General Meeting of Shareholders in 2027. Only after vesting can the options be exercised for Ordinary Shares.