CFO at Context Therapeutics (CNTX) receives 275,000-share stock option grant
Filing Impact
Filing Sentiment
Form Type
4
Rhea-AI Filing Summary
Minai-Azary Jennifer Lynn reported acquisition or exercise transactions in this Form 4 filing.
Context Therapeutics Inc. reported an insider equity award to its Chief Financial Officer, Jennifer Lynn Minai-Azary. She received a stock option covering 275,000 shares of common stock as a grant, not an open-market purchase or sale.
According to the terms, the option vests over four years. 25% of the option vests and becomes exercisable on February 19, 2027, with the remaining balance vesting in equal monthly installments over the following three years, subject to her continued service with the company.
Positive
- None.
Negative
- None.
Insider Trade Summary
1 transaction reported
Mixed
1 txn
Insider
Minai-Azary Jennifer Lynn
Role
Chief Financial Officer
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Grant/Award | Stock Option (right to buy) | 275,000 | $0.00 | -- |
Holdings After Transaction:
Stock Option (right to buy) — 275,000 shares (Direct)
Footnotes (1)
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FAQ
What insider transaction did Context Therapeutics (CNTX) report for its CFO?
Context Therapeutics reported a stock option grant to CFO Jennifer Lynn Minai-Azary. She received an option for 275,000 shares of common stock as a compensation award, not an open-market trade, aligning her incentives with long-term company performance.
What are the vesting terms of the CFO’s stock option at Context Therapeutics (CNTX)?
The stock option vests over four years. Twenty-five percent vests and becomes exercisable on February 19, 2027, with the remaining seventy-five percent vesting in equal monthly installments over the next three years, contingent on continued service with Context Therapeutics.
What conditions apply to the Context Therapeutics (CNTX) CFO’s new stock option grant?
The option vests and becomes exercisable only if the CFO continues serving Context Therapeutics. Vesting is 25% on February 19, 2027, and the remaining 75% vests monthly over three additional years, tying the award to ongoing employment.