Cogent Biosciences director awarded stock options
Cogent Biosciences, Inc. director Christopher W. Cain is associated with a grant of stock options covering 17,901 shares of common stock at an exercise price of $31.98 per share.
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Rhea-AI Filing Summary
Cogent Biosciences, Inc. director Christopher W. Cain is associated with a grant of stock options covering 17,901 shares of common stock at an exercise price of $31.98 per share. The option expires on June 9, 2036 and vests in full upon the earlier of the first anniversary of the grant date or the 2027 Annual Meeting of Stockholders, subject to continued service.
Under an arrangement with Fairmount Funds Management LLC, Cain holds this option for one or more Fairmount investment funds and must turn over any net cash or stock received for the benefit of those funds. He therefore disclaims beneficial ownership of the option and the underlying common stock.
Insider Trade Summary
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Grant/Award | Stock Option (Right to Buy) | 17,901 | $0.00 | $0.00 |
Footnotes (2)
- F1. This stock option shall vest in full upon the earlier of the first anniversary of the date of grant or the date of the 2027 Annual Meeting of Stockholders, subject to the Reporting Person's continued service to the Issuer through such date.
- F2. Under the Reporting Person's arrangement with Fairmount Funds Management LLC (the "Adviser"), the Reporting Person holds the option for one or more investment vehicles managed by the Adviser (each, a "Fairmount Fund"). The Reporting Person is obligated to turn over to the Adviser any net cash or stock received from the option for the benefit of such Fairmount Fund. The Reporting Person therefore disclaims beneficial ownership of the option and underlying common stock.
Key Figures
Key Terms
Stock Option (Right to Buy) financial
beneficial ownership financial
Annual Meeting of Stockholders financial
investment vehicles financial
Fairmount Funds Management LLC financial
FAQ
AI-generated questions and answers. How Rhea-AI works. Not financial advice.
What insider transaction did Cogent Biosciences (COGT) report on this Form 4?
What are the key terms of the Cogent Biosciences (COGT) stock option grant?
Who ultimately benefits from the Cogent Biosciences (COGT) option reported for Christopher W. Cain?
Does Christopher W. Cain claim beneficial ownership of the Cogent Biosciences (COGT) option?
How many Cogent Biosciences (COGT) derivative securities does the Form 4 show after this grant?
AI-generated analysis. How Rhea-AI works. Not financial advice.