Cytokinetics director sells 4,032 shares at $75
Cytokinetics director Wendell Wierenga reported an exercise-and-sell transaction in company stock.
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Rhea-AI Filing Summary
Cytokinetics director Wendell Wierenga reported an exercise-and-sell transaction in company stock. He exercised a non-qualified stock option for 4,032 shares of Common Stock at $12.40 per share and on the same date sold 4,032 shares in an open-market trade at $75.00 per share. After these transactions, he directly owns 32,637 shares of Cytokinetics Common Stock, and the option covering 4,032 shares has been fully exercised.
Insider Trade Summary 10b5-1
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Exercise | Non-Qualified Stock Option (Right to Buy) | 4,032 | $0.00 | $0.00 |
| Exercise | Common Stock | 4,032 | $12.40 | $50K |
| Sale | Common Stock | 4,032 | $75.00 | $302K |
Footnotes (1)
- F1. This option shall vest and become exercisable as to 4,032 shares divided into equal monthly installments such that the option shall be 100% vested on January 3, 2018.
Key Figures
Key Terms
Non-Qualified Stock Option (Right to Buy) financial
open-market sale financial
derivative exercise/conversion financial
derivative security financial
FAQ
AI-generated questions and answers. How Rhea-AI works. Not financial advice.
What did Cytokinetics (CYTK) director Wendell Wierenga report on this Form 4?
What stock option did Wendell Wierenga exercise in this Cytokinetics (CYTK) filing?
Is this Cytokinetics (CYTK) Form 4 transaction an example of an exercise-and-sell pattern?
AI-generated analysis. How Rhea-AI works. Not financial advice.