Eloxx director granted options on 13,587 shares
Eloxx Pharmaceuticals director Stephen W. Webster received a new stock option grant.
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Form Type
4
Rhea-AI Filing Summary
Eloxx Pharmaceuticals director Stephen W. Webster received a new stock option grant. On the reported date, he was awarded options to acquire 13,587 shares of Eloxx common stock at an exercise price of $11.00 per share. These options vest in 24 substantially equal monthly installments and will be fully vested on the second anniversary of the grant date, as long as he continues serving the company. Following this grant, Webster holds 13,587 stock options directly under this award, which are scheduled to expire on June 8, 2036.
Insider Trade Summary
Grant/Award: 13,587 shares
Grant/Award
1 txn
Insider
Webster Stephen W
Role
Director
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Grant/Award | Stock Option (Right to Buy) | 13,587 | $0.00 | $0.00 |
Holdings After Transaction:
Stock Option (Right to Buy) — 13,587 contracts (Direct)
Footnotes (1)
- F1. The stock option will vest in 24 substantially equal monthly installments so that the option will be fully vested and exercisable on the second anniversary of the grant date, subject to the Reporting Person's continuous service to the Issuer through the applicable vesting date.
Key Figures
Option grant size: 13,587 options
Exercise price: $11.00 per share
Underlying shares: 13,587 shares
+3 more
6 metrics
Option grant size
13,587 options
Stock Option (Right to Buy) granted to director
Exercise price
$11.00 per share
Conversion or exercise price of stock options
Underlying shares
13,587 shares
Common Stock underlying the options
Total options after grant
13,587 options
Total derivative securities following transaction
Vesting period
24 monthly installments
Fully vested on second anniversary of grant date
Expiration date
June 8, 2036
Option expiration date
Key Terms
Stock Option (Right to Buy), vesting, exercise price, expiration date, +1 more
5 terms
Stock Option (Right to Buy) financial
"security_title: Stock Option (Right to Buy)"
vesting financial
"The stock option will vest in 24 substantially equal monthly installments"
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.
exercise price financial
"conversion_or_exercise_price: 11.0000"
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.
expiration date financial
"expiration_date: 2036-06-08T00:00:00.000Z"
The expiration date is the deadline after which a financial contract, such as an option or a futures agreement, is no longer valid or can be exercised. It matters to investors because it determines the timeframe during which they can take action or benefit from the contract, similar to how a coupon or a food item has a limited period of usefulness. Once the expiration date passes, the contract loses its value or ability to be used.
Common Stock financial
"underlying_security_title: Common Stock"
Common stock represents ownership shares in a company, giving investors a stake in its success and a say in important decisions through voting rights. It is the most common type of stock traded on markets and can provide income through dividends, as well as potential for value growth. For investors, holding common stock means sharing in the company’s profits and risks.
FAQ
AI-generated questions and answers. How Rhea-AI works. Not financial advice.
What insider transaction did Eloxx Pharmaceuticals (ELOX) report for Stephen W. Webster?
Eloxx Pharmaceuticals reported that director Stephen W. Webster received a stock option grant for 13,587 shares. The options give him the right to buy common stock at a fixed exercise price, providing equity-based compensation tied to the company’s future performance.
What is the exercise price and expiration date of Stephen W. Webster’s Eloxx (ELOX) options?
The options have an exercise price of $11.00 per share and expire on June 8, 2036. This means Webster can choose to exercise the options at that price any time after vesting and before the stated expiration date.
How do Stephen W. Webster’s Eloxx (ELOX) stock options vest over time?
The options vest in 24 substantially equal monthly installments, fully vesting on the second anniversary of the grant date. Vesting depends on Webster’s continuous service to Eloxx, encouraging ongoing engagement with the company’s long-term goals.
Is Stephen W. Webster’s Eloxx (ELOX) option grant an open-market purchase or a compensation award?
The filing classifies the transaction as a grant or award acquisition, not an open-market purchase. The options were issued at no cost as part of compensation, with value realized only if exercised above the $11.00 exercise price.
AI-generated analysis. How Rhea-AI works. Not financial advice.
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