Elicio CSO gets RSU and option awards
Elicio Therapeutics granted equity awards to its Chief Scientific Officer, Peter DeMuth.
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Rhea-AI Filing Summary
Elicio Therapeutics granted equity awards to its Chief Scientific Officer, Peter DeMuth. He received 20,800 restricted stock units at a price of $0 and now beneficially owns 21,543 common shares directly. The RSUs vest 25% on February 2, 2027, then annually over three more years, conditioned on continued service.
DeMuth also received a stock option for 41,600 shares of common stock with an exercise price of $8.10 per share. The option vests 25% on February 2, 2027, with the remaining portion vesting monthly over three years, also subject to his continued service.
Insider Trade Summary
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Grant/Award | Stock Option (Right to Buy) | 41,600 | $0.00 | $0.00 |
| Grant/Award | Common Stock | 20,800 | $0.00 | $0.00 |
Footnotes (2)
- F1. Represents restricted stock units ("RSUs") that will vest as to 25% of the RSUs on February 2, 2027, the first anniversary of the grant date, with the remaining RSUs vesting in annual installments over a three-year period thereafter, subject to the Reporting Person's continued service to the Issuer through the applicable vesting dates. Each RSU represents the right to receive one share of common stock, par value $0.01 per share, of the Issuer.
- F2. The stock option vests and becomes exercisable as to 25% of the options on February 2, 2027, the first anniversary of the grant date, with the remaining options vesting in monthly installments over a three-year period thereafter, subject to the Reporting Person's continued service to the Issuer through the applicable vesting dates.
FAQ
AI-generated questions and answers. How Rhea-AI works. Not financial advice.
What equity awards did Elicio Therapeutics (ELTX) grant to its Chief Scientific Officer?
How do the 20,800 RSUs for Elicio Therapeutics (ELTX) Chief Scientific Officer vest?
What are the terms of the 41,600 stock options granted by Elicio Therapeutics (ELTX)?
What role does the reporting person hold at Elicio Therapeutics (ELTX)?
When do the new Elicio Therapeutics (ELTX) equity awards start vesting?
AI-generated analysis. How Rhea-AI works. Not financial advice.