Context Therapeutics (CNTX) director Linda West awarded 45K stock options
Filing Impact
Filing Sentiment
Form Type
4
Rhea-AI Filing Summary
Context Therapeutics director Linda West received a new stock option grant as part of her compensation. She was awarded options to acquire 45,000 shares of common stock at an exercise price of $0.576 per share, expiring on June 23, 2036.
The option vests and becomes exercisable on the earlier of June 24, 2027, or the company’s 2027 annual meeting of stockholders, and is subject to her continued service with Context Therapeutics. After this grant, she holds stock options for 45,000 underlying shares directly.
Positive
- None.
Negative
- None.
Insider Trade Summary
1 transaction reported
Mixed
1 txn
Insider
West Linda
Role
null
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Grant/Award | Stock Option (right to buy) | 45,000 | $0.00 | -- |
Holdings After Transaction:
Stock Option (right to buy) — 45,000 shares (Direct, null)
Footnotes (1)
- [object Object]
Key Figures
Option grant size: 45,000 options
Exercise price: $0.576 per share
Underlying shares: 45,000 shares
+3 more
6 metrics
Option grant size
45,000 options
Stock Option (right to buy) grant on June 24, 2026
Exercise price
$0.576 per share
Exercise price for the granted stock options
Underlying shares
45,000 shares
Common stock underlying the options
Total options after grant
45,000 options
Total derivative holdings following the transaction
Option expiration
June 23, 2036
Expiration date of the stock options
Vesting date trigger
June 24, 2027
Earlier of this date or 2027 annual meeting, subject to service
Key Terms
Stock Option (right to buy), exercise price, annual meeting of stockholders, continued service
4 terms
Stock Option (right to buy) financial
"security_title: Stock Option (right to buy)"
exercise price financial
"conversion_or_exercise_price: 0.5760"
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.
annual meeting of stockholders financial
"the Issuer's 2027 annual meeting of stockholders, subject to continued service"
continued service financial
"subject to continued service with the Issuer"
FAQ
What did Context Therapeutics (CNTX) director Linda West receive in this Form 4?
Linda West received a grant of stock options for 45,000 shares of Context Therapeutics common stock. These options are a compensation award and give her the right to buy shares at a fixed exercise price in the future, subject to vesting conditions.
What is the exercise price of Linda West’s Context Therapeutics (CNTX) stock options?
The stock options granted to Linda West have an exercise price of $0.576 per share. This is the price she must pay to purchase each share if she exercises the options after they vest and before they expire.
When do Linda West’s Context Therapeutics (CNTX) stock options vest?
The options vest on the earlier of June 24, 2027, or Context Therapeutics’ 2027 annual meeting of stockholders. Vesting is also conditioned on Linda West’s continued service with the company through that date or meeting, as described in the filing footnote.
When do Linda West’s Context Therapeutics (CNTX) stock options expire?
The granted stock options expire on June 23, 2036, if not exercised. After that date, Linda West will no longer be able to use these options to buy Context Therapeutics common stock, even if they have vested and remain unexercised.
How many Context Therapeutics (CNTX) options does Linda West hold after this grant?
Following this grant, Linda West holds stock options covering 45,000 shares of Context Therapeutics common stock. The Form 4 shows this as her total derivative holdings related to this award after the transaction, all held as a direct ownership position.