Cooper Companies (NYSE: COO) CEO awarded 184,069 stock options
Filing Impact
Filing Sentiment
Form Type
4/A
Rhea-AI Filing Summary
Cooper Companies’ President & CEO, who is also a director, received a grant of stock options covering 184,069 shares of common stock on 12/10/2024. The options have an exercise price of $99.08 and expire on 12/10/2034.
The Form 4/A states it is filed solely to correct the number of shares issuable upon exercise of this previously reported option grant. The options vest at 25% per year over four years beginning on the grant date, and the full 184,069 options are reported as directly beneficially owned.
Positive
- None.
Negative
- None.
Insider Trade Summary
1 transaction reported
Mixed
1 txn
Insider
White Albert G III
Role
President & CEO
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Grant/Award | Stock Options (Right to Buy) | 184,069 | $0.00 | -- |
Holdings After Transaction:
Stock Options (Right to Buy) — 184,069 shares (Direct)
Footnotes (1)
- This Form 4/A is being filed solely to correct the number of shares issuable upon exercise of the stock option previously reported. No other changes have been made to the original Form 4. 25%/year over 4 years beginning on the grant date.
FAQ
What insider transaction did Cooper Companies (COO) report in this Form 4/A?
Cooper Companies reported its President & CEO receiving stock options for 184,069 shares of common stock. The filing clarifies the number of shares underlying a previously reported option grant rather than introducing a new cash transaction.
What is the exercise price and term of the Cooper Companies CEO stock options?
The CEO’s stock options have an exercise price of $99.08 per share and expire on 12/10/2034. This gives the executive the right to buy Cooper Companies common stock at that fixed price until the stated expiration date.
How do the Cooper Companies CEO stock options vest according to the filing?
The filing states the options vest 25% per year over four years, beginning on the grant date of 12/10/2024. This means the CEO earns the right to exercise one-quarter of the options each year over the four-year vesting period.
Why was this Cooper Companies Form 4/A amendment filed?
The amendment was filed solely to correct the number of shares issuable upon exercise of the previously reported stock option. No other terms of the grant, such as price, vesting schedule, or dates, were changed in this amendment.
How many Cooper Companies derivative securities does the CEO beneficially own after this transaction?
After this transaction, the CEO is reported as directly beneficially owning 184,069 stock options. Each option represents the right to purchase one share of Cooper Companies common stock, subject to the vesting schedule and the stated expiration date.
Does the Cooper Companies CEO pay anything upfront for these stock options?
The filing lists the price of the derivative security as $0.00, indicating no upfront payment for the grant itself. Value for the company arises if the options are later exercised at the $99.08 exercise price for common stock.