Director at EBR Systems (EBRCZ) awarded 34,211 stock options
Filing Impact
Filing Sentiment
Form Type
4
Rhea-AI Filing Summary
EBR Systems, Inc. director Trevor J. Moody received a grant of stock options covering 34,211 shares of Common Stock. The options have an exercise price of $3.7999 per share and expire on May 5, 2036.
All 34,211 underlying shares are scheduled to vest in equal monthly installments, with 1/12 of the option vesting on June 6, 2026 and on each month thereafter, as long as Moody continues as a service provider. Following this grant, he holds 34,211 derivative securities directly related to these options.
Positive
- None.
Negative
- None.
Insider Trade Summary
1 transaction reported
Mixed
1 txn
Insider
Moody Trevor J
Role
null
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Grant/Award | Stock Option (right to buy) | 34,211 | $0.00 | -- |
Holdings After Transaction:
Stock Option (right to buy) — 34,211 shares (Direct, null)
Footnotes (1)
- [object Object]
Key Figures
Stock options granted: 34,211 options
Exercise price: $3.7999 per share
Underlying shares: 34,211 shares
+3 more
6 metrics
Stock options granted
34,211 options
Grant to director Trevor J. Moody
Exercise price
$3.7999 per share
Stock Option (right to buy) award
Underlying shares
34,211 shares
Common Stock underlying the options
Total derivative holdings after grant
34,211 options
Total shares following transaction
Option expiration date
May 5, 2036
End of option exercise period
Initial vesting date
June 6, 2026
First 1/12 of options vest
Key Terms
Stock Option (right to buy), underlying security, vesting, service provider
4 terms
Stock Option (right to buy) financial
"security_title: Stock Option (right to buy)"
underlying security financial
"underlying_security_title: Common Stock"
vesting financial
"1/12 of the shares subject to the option shall vest on June 6, 2026"
Vesting is the process by which you earn full ownership of something, like company stock or a retirement benefit, over time. It’s like earning the right to keep a gift piece by piece the longer you stay with a company, making sure employees stay committed before they receive all the benefits.
service provider financial
"subject to the Reporting Person continuing as a service provider through each such date"
FAQ
What did EBR Systems (EBRCZ) director Trevor J. Moody report on this Form 4?
Trevor J. Moody reported receiving a grant of stock options for 34,211 shares of EBR Systems Common Stock. These options are a compensation award, not an open-market purchase or sale, and give him the right to buy shares at a fixed exercise price.
How many EBR Systems stock options were granted to Trevor J. Moody?
He was granted stock options covering 34,211 shares of EBR Systems Common Stock. This entire amount represents a new award, and his total derivative holdings following the transaction are 34,211 options, all held as a direct ownership position.
What is the exercise price and expiration date of Moody’s EBR Systems options?
The options have an exercise price of $3.7999 per share and expire on May 5, 2036. This means he can choose to buy shares at $3.7999 any time before that expiration date, subject to the options vesting schedule outlined in the award terms.
How do Trevor J. Moody’s EBR Systems options vest over time?
The options vest in 12 equal monthly installments, with 1/12 vesting on June 6, 2026 and each month thereafter. Vesting is conditioned on Moody’s continued status as a service provider on each vesting date, aligning the award with ongoing service.