DiaMedica Therapeutics (DMAC) CEO awarded 380,000 stock options
Filing Impact
Filing Sentiment
Form Type
4
Rhea-AI Filing Summary
DiaMedica Therapeutics Inc. President & CEO Dietrich John Pauls received a grant of stock options covering 380,000 Voting Common Shares. The options have an exercise price of $5.84 per share and expire on June 1, 2036.
The award is compensation-related rather than an open-market trade. It is scheduled to vest 25% on the one-year anniversary of the grant date, with the remaining options vesting in twelve equal quarterly installments. Following this grant, he holds 380,000 stock options directly.
Positive
- None.
Negative
- None.
Insider Trade Summary
1 transaction reported
Mixed
1 txn
Insider
Pauls Dietrich John
Role
President & CEO
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Grant/Award | Stock Option (right to buy) | 380,000 | $0.00 | -- |
Holdings After Transaction:
Stock Option (right to buy) — 380,000 shares (Direct, null)
Footnotes (1)
- [object Object]
Key Figures
Option grant size: 380,000 options
Exercise price: $5.84 per share
Expiration date: June 1, 2036
+2 more
5 metrics
Option grant size
380,000 options
Stock Option (right to buy) granted to President & CEO
Exercise price
$5.84 per share
Conversion or exercise price of stock options
Expiration date
June 1, 2036
Option expiration for CEO grant
Underlying shares
380,000 Voting Common Shares
Shares underlying the derivative security
Post-grant option holdings
380,000 options
Total shares following transaction, direct ownership
Key Terms
Stock Option (right to buy), Grant, award, or other acquisition, Voting Common Shares, vest
4 terms
Stock Option (right to buy) financial
"security_title: Stock Option (right to buy)"
Grant, award, or other acquisition financial
"transaction_code_description: Grant, award, or other acquisition"
vest financial
"Scheduled to vest with respect to 25% of the shares"
A vest is the process by which an employee earns the right to receive certain benefits or ownership interests, such as stock or retirement funds, over time. It’s similar to earning a reward gradually, ensuring that the benefit becomes fully yours only after a set period or meeting specific conditions. This makes it important for investors because it determines when they can actually claim or use those benefits.
FAQ
What did DiaMedica Therapeutics (DMAC) disclose in this Form 4?
The filing shows President & CEO Dietrich John Pauls received a grant of 380,000 stock options. These options are a compensation award, not an open-market trade, and relate to DiaMedica Therapeutics’ Voting Common Shares.
How many stock options did the DiaMedica (DMAC) CEO receive?
Dietrich John Pauls was granted 380,000 stock options tied to DiaMedica’s Voting Common Shares. This award brings his total reported option holdings in this grant to 380,000 options, all held as direct ownership according to the filing.
What is the exercise price and term of the DMAC CEO’s new options?
The granted stock options have an exercise price of $5.84 per share and an expiration date of June 1, 2036. This means the CEO can buy DiaMedica Voting Common Shares at $5.84 any time before that expiration, subject to vesting.
How do the DiaMedica CEO’s options vest under this Form 4?
The options are scheduled to vest with 25% of the shares on the one-year anniversary of the grant date. The remaining 75% will vest in twelve equivalent quarterly installments, creating a multi-year vesting schedule tied to continued service.
Is the DiaMedica (DMAC) Form 4 a stock purchase or sale?
The Form 4 reports a grant, award, or other acquisition of derivative securities, coded as transaction type A. It is not an open-market buy or sell of common shares but an option award provided as part of compensation.