Director at Edgewise (NASDAQ: EWTX) awarded 16,377 stock options
Filing Impact
Filing Sentiment
Form Type
4
Rhea-AI Filing Summary
Edgewise Therapeutics director Arlene Morris received a grant of stock options covering 16,377 shares of common stock. The options have an exercise price of $35.59 per share and expire on June 5, 2036. According to the terms, 100% of these options will vest on the earlier of June 5, 2027 or the business day before the company’s 2027 annual meeting of stockholders. Following this grant, Morris holds stock options for 16,377 underlying shares directly.
Positive
- None.
Negative
- None.
Insider Trade Summary
1 transaction reported
Mixed
1 txn
Insider
Morris Arlene
Role
null
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Grant/Award | Stock Option (Right to Buy) | 16,377 | $0.00 | -- |
Holdings After Transaction:
Stock Option (Right to Buy) — 16,377 shares (Direct, null)
Footnotes (1)
- [object Object]
Key Figures
Options granted: 16,377 options
Exercise price: $35.59 per share
Expiration date: June 5, 2036
+3 more
6 metrics
Options granted
16,377 options
Stock Option (Right to Buy) grant to director
Exercise price
$35.59 per share
Exercise price for the stock options
Expiration date
June 5, 2036
Option expiration
Underlying shares
16,377 shares
Common stock underlying the options
Post-grant derivative holdings
16,377 options
Total options held following transaction
Vesting date trigger
June 5, 2027
Latest vesting date for 100% of options
Key Terms
Stock Option (Right to Buy), exercise price, vesting, annual meeting of stockholder
4 terms
Stock Option (Right to Buy) financial
"security_title: Stock Option (Right to Buy)"
exercise price financial
"conversion_or_exercise_price: 35.5900"
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.
vesting financial
"100% of the Stock Options granted on June 5, 2026 will become vested"
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.
annual meeting of stockholder financial
"business day prior to the 2027 annual meeting of stockholder"
FAQ
What did Edgewise Therapeutics (EWTX) director Arlene Morris report in this Form 4?
Arlene Morris reported receiving stock options for 16,377 shares of Edgewise Therapeutics common stock. The options were granted at an exercise price of $35.59 per share as part of her director compensation, with all shares subject to future vesting conditions.
What are the key terms of the Arlene Morris stock option grant at Edgewise Therapeutics (EWTX)?
The grant covers 16,377 options to buy Edgewise Therapeutics common stock at $35.59 per share, expiring on June 5, 2036. These options are compensation-related and were awarded directly to Morris rather than being purchased in the open market.
When do Arlene Morris’s Edgewise Therapeutics (EWTX) stock options vest?
All 16,377 options granted to Arlene Morris vest 100% on the earlier of June 5, 2027 or the business day prior to Edgewise Therapeutics’ 2027 annual meeting of stockholders, aligning vesting with her board service period and the company’s governance calendar.
How many Edgewise Therapeutics (EWTX) options does Arlene Morris hold after this grant?
After this reported grant, Arlene Morris holds stock options representing 16,377 underlying shares directly. This figure reflects the full amount of the new award, since her reported total derivative holdings following the transaction equal the number of options granted.
What is the expiration date of Arlene Morris’s Edgewise Therapeutics (EWTX) stock options?
The stock options granted to Arlene Morris expire on June 5, 2036. After that date, any unexercised options become worthless, so Morris would need to exercise vested options before the expiration to acquire Edgewise Therapeutics common shares at the set exercise price.