Director at Champions Oncology (CSBR) receives multi-year option grants
Filing Impact
Filing Sentiment
Form Type
4
Rhea-AI Filing Summary
Champions Oncology director Robert Lawrence Brainin reported multiple stock option awards over several years. The Form 4 shows options to purchase common stock granted on November 5, 2021, November 1, 2022, November 3, 2023, and November 12, 2024, at exercise prices of $10.10, $7.00, $5.51, and $4.64 per share, respectively.
Each grant vests over twelve months in four installments on specified quarterly dates. After the most recent November 12, 2024 award of 23,030 options, Brainin beneficially owned 74,163 stock options directly, all expiring ten years from their respective grant dates.
Positive
- None.
Negative
- None.
Insider Trade Summary
4 transactions reported
Mixed
4 txns
Insider
Brainin Robert Lawrence
Role
Director
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Grant/Award | Option to purchase Common Stock | 23,030 | $4.64 | $107K |
| Grant/Award | Option to purchase Common Stock | 19,070 | $5.51 | $105K |
| Grant/Award | Option to purchase Common Stock | 14,130 | $7.00 | $99K |
| Grant/Award | Option to purchase Common Stock | 9,901 | $10.10 | $100K |
Holdings After Transaction:
Option to purchase Common Stock — 74,163 shares (Direct)
Footnotes (1)
- The options vest and are exercisable over a twelve month period, with vesting to occur on November 5, 2021, February 5, 2022, May 5, 2022 and August 5, 2022, respectively. The options vest and are exercisable over a twelve month period, with vesting to occur on November 1, 2022, February 1, 2023, May 1, 2023 and August 1, 2023, respectively. The options vest and are exercisable over a twelve month period, with vesting to occur on November 3, 2023, February 3, 2024, May 3, 2024 and August 3, 2024, respectively. The options vest and are exercisable over a twelve month period, with vesting to occur on November 12, 2024, February 12, 2025, May 12, 2025 and August 12, 2025, respectively.
FAQ
What insider activity did the CSBR Form 4 report for Robert Lawrence Brainin?
The filing reports a series of stock option awards to director Robert Lawrence Brainin. Options to purchase common stock were granted in 2021, 2022, 2023, and 2024 at exercise prices between $4.64 and $10.10, each with ten-year terms and structured vesting schedules.
How many Champions Oncology (CSBR) options does Robert Brainin hold after the latest grant?
After the November 12, 2024 award, Robert Brainin beneficially owned 74,163 stock options. This total reflects cumulative option grants reported in the Form 4, including the most recent 23,030 options, all held directly and tied to underlying shares of Champions Oncology common stock.
What are the exercise prices of the options granted to the CSBR director?
The options were granted with exercise prices of $10.10, $7.00, $5.51, and $4.64 per share. Each grant corresponds to a different award date from 2021 through 2024 and represents the cost per share to acquire Champions Oncology common stock.
How do the stock options for CSBR’s Robert Brainin vest over time?
Each option grant vests over a twelve-month period in four equal installments. Vesting dates occur roughly every three months following the grant, with specific schedules listed for the 2021, 2022, 2023, and 2024 awards, allowing gradual exercisability rather than immediate full vesting.
What are the expiration dates of the Champions Oncology options reported in this Form 4?
Each option grant carries a ten-year expiration from its respective grant date. The awards granted in 2021, 2022, 2023, and 2024 expire on November 5, 2031, November 1, 2032, November 3, 2033, and November 12, 2034, respectively, if not exercised earlier.
Is Robert Lawrence Brainin a director or officer of Champions Oncology (CSBR)?
Robert Lawrence Brainin is reported as a director of Champions Oncology. The Form 4 indicates his relationship to the issuer is as a director, with no officer title and not as a ten percent owner, while reflecting his holdings through the reported stock option awards.