Erasca director granted 29,888 stock options
Erasca, Inc. director James Arthur Bristol received a grant of stock options as part of his compensation.
Rhea-AI Filing Summary
Erasca, Inc. director James Arthur Bristol received a grant of stock options as part of his compensation. The award covers 29,888 options to buy common stock at an exercise price of $16.01 per share. These options were granted at no cost on the grant date.
The options vest 100% on June 26, 2027, provided he continues serving the company through that date, and they expire on June 26, 2036. After this grant, he holds 29,888 stock options directly, with no open-market share purchases or sales reported in this filing.
Positive
- None.
Negative
- None.
Insider Trade Summary
Grant/Award: 29,888 shares
Grant/Award
1 txn
Insider
Bristol James Arthur
Role
Director
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Grant/Award | Stock option (right to buy) | 29,888 | $0.00 | $0.00 |
Holdings After Transaction:
Stock option (right to buy) — 29,888 contracts (Direct)
Footnotes (1)
- F1. 100% of the options to purchase shares vest on June 26, 2027, subject to the Reporting Person's continuous service to the Issuer on such vesting date.
Key Figures
Options granted: 29,888 options
Exercise price: $16.01 per share
Options held after grant: 29,888 options
+3 more
6 metrics
Options granted
29,888 options
Stock option award to director James Arthur Bristol
Exercise price
$16.01 per share
Strike price for the 29,888 stock options
Options held after grant
29,888 options
Total derivative holdings following this transaction
Vesting date
June 26, 2027
100% of options vest on this date, service-based
Expiration date
June 26, 2036
Unexercised options lapse after this date
Transaction code
A (Grant, award, or other acquisition)
Indicates compensation-related option grant
Key Terms
Stock option, exercise price, Grant, award, or other acquisition, vest, +1 more
5 terms
Stock option financial
"Stock option (right to buy)"
A stock option is a contract that gives you the right to buy or sell a company's stock at a specific price within a certain time frame. People use them to potentially make money if the stock's price moves favorably or to protect against losses. It's like holding a coupon that can be used to buy or sell stock at a set price later on.
exercise price financial
"conversion_or_exercise_price: "16.0100""
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.
Grant, award, or other acquisition financial
"transaction_code_description: "Grant, award, or other acquisition""
vest financial
"100% of the options to purchase shares vest on June 26, 2027"
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.
expiration date financial
"expiration_date: "2036-06-26T00:00:00.000Z""
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.
FAQ
AI-generated questions and answers. How Rhea-AI works. Not financial advice.
What did Erasca (ERAS) director James Arthur Bristol report on this Form 4?
He reported receiving a grant of stock options for 29,888 shares of Erasca common stock. The options were awarded at no cost on the grant date and represent compensation rather than an open-market purchase or sale of existing shares.
What is the exercise price of the Erasca (ERAS) options granted to James Arthur Bristol?
The options have an exercise price of $16.01 per share for Erasca common stock. This is the price he must pay per share to exercise the 29,888 options if they vest and are exercised before the expiration date.
When do James Arthur Bristol’s Erasca (ERAS) stock options vest and expire?
All 29,888 options vest 100% on June 26, 2027, assuming his continuous service with Erasca through that date. The options then remain exercisable until their expiration on June 26, 2036, after which any unexercised options will lapse.
How many Erasca (ERAS) stock options does James Arthur Bristol hold after this transaction?
Following this grant, he holds 29,888 stock options directly. These options each relate to one share of Erasca common stock, giving him the right, but not the obligation, to purchase those shares at the fixed exercise price if vested.
Is this Erasca (ERAS) Form 4 filing a stock purchase or sale by James Arthur Bristol?
No, this filing reflects a compensation-related grant of stock options, not an open-market trade. The options were awarded with a $16.01 exercise price and vest in the future, so no shares were bought or sold in the market here.
AI-generated analysis. How Rhea-AI works. Not financial advice.
