Emergent BioSolutions (EBS) GC granted 46,702 options, shares withheld for tax
Filing Impact
Filing Sentiment
Form Type
4
Rhea-AI Filing Summary
Emergent BioSolutions Inc. reported insider equity activity by SVP and General Counsel Jessica Perl. She received a grant of 46,702 employee stock options at an exercise price of $0.00 per option on common stock. According to a footnote, these options vest in three equal installments beginning on the day prior to the anniversary date of the grant.
On a separate date, 6,465 shares of common stock were disposed of in a tax-withholding disposition at $8.44 per share, with a footnote explaining the shares were withheld to pay taxes associated with the vesting and settlement of restricted stock units. Following these transactions, Perl directly owned 61,004 common shares and held 142,647 stock options.
Positive
- None.
Negative
- None.
Insider Trade Summary
2 transactions reported
Mixed
2 txns
Insider
Perl Jessica
Role
SVP, General Counsel, Corp Sec
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Tax Withholding | Common Stock | 6,465 | $8.44 | $55K |
| Grant/Award | Employee Stock Option (Right to buy) | 46,702 | $0.00 | -- |
Holdings After Transaction:
Common Stock — 61,004 shares (Direct);
Employee Stock Option (Right to buy) — 142,647 shares (Direct)
Footnotes (1)
- Represents shares of common stock withheld to pay taxes associated with vesting and settlement of restricted stock units Vests in three equal installments beginning on the day prior to the anniversary date of the grant.
FAQ
What insider transactions did Emergent BioSolutions (EBS) report for Jessica Perl?
Emergent BioSolutions reported that SVP and General Counsel Jessica Perl received a 46,702-share stock option grant and had 6,465 common shares withheld for taxes upon restricted stock unit vesting, according to the Form 4 insider filing.
Was the Emergent BioSolutions (EBS) insider transaction a sale on the open market?
The Form 4 shows a tax-withholding disposition of 6,465 shares at $8.44 per share, with a footnote stating the shares were withheld to pay taxes on restricted stock unit vesting, not an open-market sale.
What stock option grant did Jessica Perl receive at Emergent BioSolutions (EBS)?
Jessica Perl received an employee stock option grant covering 46,702 shares of Emergent BioSolutions common stock at an exercise price of $0.00 per option, vesting in three equal installments beginning just before each anniversary of the grant date.
What does the vesting schedule for Jessica Perl’s new EBS stock options look like?
The footnote states that the 46,702-share stock option grant vests in three equal installments, with vesting beginning on the day prior to the anniversary date of the grant and continuing annually in equal portions thereafter.