EBR Systems (EBRCZ) awards director 42,106 stock options grant
Filing Impact
Filing Sentiment
Form Type
4
Rhea-AI Filing Summary
EBR Systems, Inc. director Will Allan R received a grant of stock options to buy 42,106 shares of common stock. The options have an exercise price of $3.7999 per share and expire on May 5, 2036. Following this award, he holds derivative rights over 42,106 underlying shares.
According to the vesting terms, 1/12 of the options will vest on June 6, 2026, with additional portions vesting monthly thereafter, as long as he continues as a service provider through each vesting date.
Positive
- None.
Negative
- None.
Insider Trade Summary
1 transaction reported
Mixed
1 txn
Insider
Will Allan R
Role
null
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Grant/Award | Stock Option (right to buy) | 42,106 | $0.00 | -- |
Holdings After Transaction:
Stock Option (right to buy) — 42,106 shares (Direct, null)
Footnotes (1)
- [object Object]
Key Figures
Option grant size: 42,106 shares
Exercise price: $3.7999 per share
Expiration date: May 5, 2036
+2 more
5 metrics
Option grant size
42,106 shares
Stock Option (right to buy) granted to director
Exercise price
$3.7999 per share
Strike price of stock options for common stock
Expiration date
May 5, 2036
Option term end for 42,106 stock options
Post-transaction derivative holdings
42,106 shares
Total underlying common shares subject to options after grant
Initial vesting date
June 6, 2026
1/12 of option shares vest on this date
Key Terms
Stock Option (right to buy), exercise price, vest, service provider
4 terms
Stock Option (right to buy) financial
"security_title: "Stock Option (right to buy)""
exercise price financial
"conversion_or_exercise_price: "3.7999""
The exercise price is the fixed amount at which you can buy or sell an asset, like a stock, when using an options contract. It matters because it helps determine whether exercising the option will be profitable or not, depending on the current market price. Think of it as the set price you agree on today to buy or sell later.
vest financial
"1/12 of the shares subject to the option shall vest on June 6, 2026"
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.
service provider financial
"subject to the Reporting Person continuing as a service provider"
FAQ
What insider transaction did EBR Systems (EBRCZ) report for director Will Allan R?
EBR Systems reported a stock option grant to director Will Allan R for 42,106 shares. These options give him the right to buy common stock at a fixed price, reflecting compensation rather than an open-market share purchase or sale.
How many stock options were granted to the EBR Systems (EBRCZ) director?
The director received stock options covering 42,106 shares of EBR Systems common stock. This entire amount represents his derivative holdings after the transaction, indicating a single new award rather than multiple option positions reported together.
What is the exercise price and expiration date of the EBR Systems (EBRCZ) options?
The options carry an exercise price of $3.7999 per share and expire on May 5, 2036. This means the director can choose to buy shares at $3.7999 any time before that expiration date, subject to vesting conditions being satisfied.
When do the EBR Systems (EBRCZ) director’s stock options begin vesting?
Vesting begins on June 6, 2026, when 1/12 of the option shares vest. Additional 1/12 portions vest monthly thereafter, provided the director continues as a service provider on each vesting date under the grant’s terms.