Damora Therapeutics grants 37,313-share option award
Damora Therapeutics, Inc. reported a Form 4 showing a grant of stock options linked to Fairmount-managed investment vehicles.
Rhea-AI Filing Summary
Damora Therapeutics, Inc. reported a Form 4 showing a grant of stock options linked to Fairmount-managed investment vehicles. An option for 37,313 shares of common stock with a $23.05 exercise price was awarded and is held indirectly by Peter Harwin for one or more Fairmount funds.
The option vests in equal monthly installments through March 23, 2029, contingent on Harwin’s continued service to Damora. Under his arrangement with Fairmount, any net cash or stock from this option must be turned over to Fairmount for the benefit of the relevant Fairmount fund, and the parties disclaim beneficial ownership beyond their pecuniary interest.
Positive
- None.
Negative
- None.
Insider Trade Summary
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Grant/Award | Stock Option (right to buy) | 37,313 | $0.00 | $0.00 |
Footnotes (2)
- F1. This option represents a right to purchase shares of common stock of the Issuer. This option will vest in equal monthly installments through March 23, 2029, subject to the Reporting Person's continued service to the Issuer on each such vesting date.
- F2. Fairmount Funds Management LLC ("Fairmount") is the investment manager for Fairmount Healthcare Fund II LP ("Fund II") and Fairmount Healthcare Co-Invest V L.P. ("Co-Invest"). Peter Harwin and Tomas Kiselak are the managers of Fairmount. Under Mr. Harwin's arrangement with Fairmount, Mr. Harwin holds the option for one or more investment vehicles managed by Fairmount (each, a "Fairmount Fund"). Mr. Harwin is obligated to turn over to Fairmount any net cash or stock received from the option for the benefit of such Fairmount Fund. Fairmount, Mr. Harwin, and Mr. Kiselak disclaim beneficial ownership of any of the reported securities, except to the extent of their pecuniary interest therein.
FAQ
AI-generated questions and answers. How Rhea-AI works. Not financial advice.
What insider transaction did Damora Therapeutics (DMRA) report on this Form 4?
Who is the primary beneficiary of the new Damora Therapeutics (DMRA) stock option grant?
What are the key terms of the Damora Therapeutics (DMRA) option grant?
How does the Damora Therapeutics (DMRA) option vest over time?
Does the Form 4 show an open-market buy or sell for Damora Therapeutics (DMRA)?
How do Fairmount and its managers describe ownership of the Damora Therapeutics (DMRA) options?
AI-generated analysis. How Rhea-AI works. Not financial advice.