FDMT director granted options on 50,000 shares
Sentiment and the balance of points
Rhea-AI Sentiment reads the wording of the document, how positive or negative its language is on a 1 to 5 scale. The balance of points shown with the takes weighs what the document actually discloses, so the two can disagree, for example when a trial that missed its main goal is described in upbeat language.
Rhea-AI Filing Summary
4D Molecular Therapeutics director Nancy Miller-Rich received a new stock option grant for 50,000 shares of common stock. The options have an exercise price of $9.42 per share and were granted at no cost as part of the company’s non-employee director compensation program.
The option vests over time: one-third of the shares vest on June 17, 2027, with the remaining shares vesting in equal monthly installments until fully vested on June 17, 2029, assuming continued service. The options will also vest in full if a Change in Control occurs under the 2020 Incentive Award Plan.
Insider Trade Summary
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Grant/Award | Stock Option (Right to Buy) | 50,000 | $0.00 | $0.00 |
Footnotes (2)
- F1. Automatically granted pursuant to the terms of the Company's non-employee director compensation program.
- F2. The stock option vests and becomes exercisable with respect to 1/3 of the total shares on June 17, 2027 and in equal monthly installments thereafter, subject to the Reporting Person continuing service to Issuer through each vesting date, until the shares are fully vested on June 17, 2029. Additionally, the stock options will vest in full upon the consummation of a Change in Control (as defined in the 2020 Incentive Award Plan).
Key Figures
Key Terms
Stock Option (Right to Buy) financial
non-employee director compensation program financial
Change in Control financial
2020 Incentive Award Plan financial
AI-generated analysis. How Rhea-AI works. Not financial advice.