Damora Therapeutics (DMRA) grants 250,000 stock options to General Counsel
Filing Impact
Filing Sentiment
Form Type
4
Rhea-AI Filing Summary
Damora Therapeutics, Inc. reported that its General Counsel, Winslow Garrett, received a grant of stock options covering 250,000 shares of common stock. The options have an exercise price of $23.05 per share and expire on March 23, 2036.
According to the terms, the award will vest 25% on March 23, 2027 and then in equal monthly installments through March 23, 2030, conditioned on continued service. Following this grant, Garrett holds 250,000 stock options directly.
Positive
- None.
Negative
- None.
Insider Trade Summary
1 transaction reported
Mixed
1 txn
Insider
Winslow Garrett
Role
General Counsel
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Grant/Award | Stock Option (right to buy) | 250,000 | $0.00 | -- |
Holdings After Transaction:
Stock Option (right to buy) — 250,000 shares (Direct)
Footnotes (1)
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FAQ
What insider transaction did Damora Therapeutics (DMRA) disclose for Winslow Garrett?
Damora Therapeutics reported a stock option grant to General Counsel Winslow Garrett for 250,000 underlying common shares. The options were awarded with an exercise price of $23.05 per share and represent a compensation-related acquisition, not an open-market purchase or sale.
What are the key terms of Winslow Garrett’s new Damora Therapeutics (DMRA) stock options?
Garrett’s stock options cover 250,000 Damora common shares at an exercise price of $23.05 per share. They expire on March 23, 2036, providing a long-dated incentive aligned with his role as General Counsel at the company.
How do Winslow Garrett’s Damora Therapeutics (DMRA) options vest over time?
The option award vests 25% on March 23, 2027, with the remaining 75% vesting in equal monthly installments through March 23, 2030. Vesting is contingent on Garrett’s continued service to Damora Therapeutics on each scheduled vesting date.
How many Damora Therapeutics (DMRA) options does Winslow Garrett hold after this grant?
After this award, Winslow Garrett holds 250,000 stock options directly. These options each relate to one share of Damora common stock and reflect his current derivative position as reported, all stemming from this single compensation grant.
Is Winslow Garrett’s Damora Therapeutics (DMRA) transaction a market purchase or sale?
The transaction is a grant of stock options as compensation, not a market trade. It is categorized as an acquisition under a grant or award, with no reported open-market buying or selling of Damora common stock by Garrett in this report.