4D Molecular director discloses 11,250-share option
4D Molecular Therapeutics director Glenn Sblendorio reported initial beneficial ownership of a stock option covering 11,250 shares of the company’s common stock at an exercise price of $2.76 per share.
Rhea-AI Filing Summary
4D Molecular Therapeutics director Glenn Sblendorio reported initial beneficial ownership of a stock option covering 11,250 shares of the company’s common stock at an exercise price of $2.76 per share. The option was granted on April 9, 2025 and vests over three years: one-third of the shares vest on the first anniversary of that date, with the remaining two-thirds vesting in equal monthly installments over the following two years, so that all 11,250 shares are fully vested and exercisable on the third anniversary.
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Insider Trade Summary
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| holding | Stock Option (Right to Buy) | -- | -- | -- |
Footnotes (1)
- F1. One-third of the shares subject to the option vest on the first anniversary measured from April 9, 2025 (the "Vesting Commencement Date"), and 1/36th of the total number of shares vest in twenty-four (24) successive and equal monthly installments thereafter, such that 100% of the shares subject to the option will be fully vested and exercisable on the third anniversary of the Vesting Commencement Date.
FAQ
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What did Glenn Sblendorio report on his Form 3 for FDMT?
What is Glenn Sblendorio’s role at 4D Molecular Therapeutics (FDMT)?
What is the vesting schedule of Glenn Sblendorio’s FDMT stock option?
Does this FDMT Form 3 show any stock being bought or sold?
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