Centessa Pharmaceuticals Director Gets $497K Worth of Stock Options
Filing Impact
Filing Sentiment
Form Type
4
Rhea-AI Filing Summary
Form 4 filing reveals that Samarth Kulkarni, Director at Centessa Pharmaceuticals, received a stock option grant on June 20, 2025. Key details:
- Granted 40,000 stock options to purchase ordinary shares at an exercise price of $12.43 per share
- Options will vest in full at the earlier of: - First anniversary of grant date - Next annual shareholder meeting
- Options expire on June 20, 2035
- Vesting conditional on continued service as director
- Ordinary shares may be represented by American Depositary Shares (ADS), with each ADS representing one ordinary share
This equity compensation grant aligns with standard director compensation practices and aims to align the director's interests with shareholders. The filing was signed by Iqbal Hussain as attorney-in-fact on June 24, 2025.
Positive
- None.
Negative
- None.
Insider Trade Summary
1 transaction reported
Mixed
1 txn
Insider
Kulkarni Samarth
Role
Director
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Grant/Award | Share Option (right to buy) | 40,000 | $0.00 | -- |
Holdings After Transaction:
Share Option (right to buy) — 40,000 shares (Direct)
Footnotes (1)
- The shares subject to such option will vest in full on the earlier of (i) the first anniversary of the grant date or (ii) the Issuer's next annual meeting of shareholders, subject to continued service as a director through the applicable vesting date. The Ordinary Shares may be represented by American Depositary Shares, each of which currently represents one Ordinary Share.
FAQ
How many stock options did Samarth Kulkarni receive from CNTA on June 20, 2025?
Samarth Kulkarni received 40,000 stock options from Centessa Pharmaceuticals (CNTA) on June 20, 2025, with an exercise price of $12.43 per share.
What is the vesting schedule for CNTA director Kulkarni's stock options granted in June 2025?
The stock options will vest in full on either (i) the first anniversary of the grant date (June 20, 2026) or (ii) CNTA's next annual meeting of shareholders, whichever comes first, subject to continued service as a director.
When do Samarth Kulkarni's CNTA stock options expire?
The stock options granted to Samarth Kulkarni expire on June 20, 2035, ten years from the grant date.
What is Samarth Kulkarni's role at CNTA according to the Form 4?
According to the Form 4 filing, Samarth Kulkarni serves as a Director of Centessa Pharmaceuticals plc (CNTA).
What was the exercise price of CNTA stock options granted to Kulkarni in June 2025?
The exercise price of the stock options granted to Samarth Kulkarni was $12.43 per share.