Cytek Biosciences grants RSUs and options to CLO
Cytek Biosciences, Inc. granted Chief Legal Officer and Secretary Ilan Feuchtwang new equity awards.
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Rhea-AI Filing Summary
Cytek Biosciences, Inc. granted Chief Legal Officer and Secretary Ilan Feuchtwang new equity awards. The awards consist of 241,416 Restricted Stock Units, each representing one share of common stock, and an option for 127,118 shares of common stock at an exercise price of $4.66 per share, expiring on August 9, 2036. The RSUs and options vest over four years under specified installment schedules, in each case subject to the executive’s Continuous Service under the company’s 2021 Equity Incentive Plan.
Insider Trade Summary
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Grant/Award | Restricted Stock Units F1, F2 | 241,416 | $0.00 | $0.00 |
| Grant/Award | Employee Stock Option (right to buy) F3 | 127,118 | $0.00 | $0.00 |
Footnotes (3)
- F1. Each restricted stock unit (the "RSU") represents a contingent right to receive one share of the Issuer's common stock.
- F2. The RSUs shall vest and settle into common stock over 4 years, with 12/48 of the RSUs vesting on August 18, 2027; 3/48 of the RSUs vesting on November 18, 2027 and each November 18 thereafter; 4/48 of the RSUs vesting on March 10, 2028 and each March 10 thereafter; 2/48 of the RSUs vesting on May 18, 2028 and each May 18 thereafter; and 3/48 of the RSUs vesting on August 18, 2028 and each August 18 thereafter, until fully vested (in each case, subject to the Reporting Person's Continuous Service (as defined in the Issuer's 2021 Equity Invesntive Plan (the "2021 Plan"))).
- F3. The shares subject to the option shall vest over 4 years with 25% vesting on August 10, 2027 and 1/48 of the shares vesting each month thereafter, until fully vested (in each case, subject to the Reporting Person's Continuous Service (as defined in the 2021 Plan)).
Key Figures
Key Terms
Restricted Stock Units financial
Employee Stock Option financial
Continuous Service financial
2021 Equity Incentive Plan financial
FAQ
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What equity awards did Cytek Biosciences (CTKB) grant to Ilan Feuchtwang?
How many Cytek Biosciences (CTKB) RSUs were awarded and how do they vest?
What are the key terms of the Cytek Biosciences (CTKB) stock option grant?
When do Ilan Feuchtwang’s Cytek Biosciences (CTKB) RSUs begin vesting?
What does Continuous Service mean for Cytek Biosciences (CTKB) equity vesting?
AI-generated analysis. How Rhea-AI works. Not financial advice.