Coya Therapeutics (COYA) CMO awarded 140,041 stock options
Rhea-AI Filing Summary
Coya Therapeutics, Inc. reported that Chief Medical Officer Fred Grossman received a grant of stock options to purchase 140,041 shares of common stock at an exercise price of $4.73 per share. The options were awarded at no cash cost at grant and are held directly. Subject to continuous service, the shares underlying the option vest in monthly installments over the next 36 months. If there is a change in control of the company, all unvested options will fully vest and become immediately exercisable under Coya’s 2021 Equity Incentive Plan, as amended effective November 17, 2022.
Positive
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Insider Trade Summary
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Grant/Award | Stock Option (right to buy) | 140,041 | $0.00 | -- |
Footnotes (1)
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FAQ
What insider transaction did Coya Therapeutics (COYA) report in this Form 4?
The company reported that Chief Medical Officer Fred Grossman received a grant of stock options covering 140,041 shares of Coya Therapeutics common stock.
What is the exercise price of the options granted to Coya Therapeutics CMO Fred Grossman?
The stock options granted to Fred Grossman have an exercise price of $4.73 per share for Coya Therapeutics common stock.
How do the 140,041 Coya Therapeutics stock options granted to the CMO vest?
The 140,041 options vest in monthly installments over the next 36 months, subject to Dr. Grossman’s continuous service through each vesting date.
What happens to Fred Grossman’s Coya Therapeutics options in a change of control?
Upon a change in control of Coya Therapeutics, all shares underlying the option will vest and the option will become immediately exercisable under the company’s 2021 Equity Incentive Plan.
How many Coya Therapeutics derivative securities does the CMO hold after this Form 4 transaction?
Following the reported transaction, Chief Medical Officer Fred Grossman beneficially owns 140,041 stock options directly, each representing the right to buy one share of common stock.
Does the Form 4 indicate whether Fred Grossman’s Coya Therapeutics options are held directly or indirectly?
The filing shows that the 140,041 stock options are held with direct (D) ownership by Fred Grossman, with no indirect ownership entity noted.