Foghorn Therapeutics (FHTX) director Simba Gill granted 28,000 stock options
Filing Impact
Filing Sentiment
Form Type
4
Rhea-AI Filing Summary
Foghorn Therapeutics Inc. director Simba Gill received a grant of stock options covering 28,000 shares of common stock at an exercise price of $4.08 per share. These options vest in full on the first anniversary of the grant date, subject to continued service on the board, and expire on June 23, 2036. Following this award, Gill holds 28,000 stock options directly.
Positive
- None.
Negative
- None.
Insider Trade Summary
1 transaction reported
Mixed
1 txn
Insider
GILL SIMBA
Role
null
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Grant/Award | Stock Options (Right to buy) | 28,000 | $4.08 | $114K |
Holdings After Transaction:
Stock Options (Right to buy) — 28,000 shares (Direct, null)
Footnotes (1)
- [object Object]
Key Figures
Options granted: 28,000 options
Exercise price: $4.08 per share
Underlying shares: 28,000 shares
+2 more
5 metrics
Options granted
28,000 options
Grant of stock options to director Simba Gill
Exercise price
$4.08 per share
Strike price for Simba Gill’s stock options
Underlying shares
28,000 shares
Common stock underlying the options
Expiration date
June 23, 2036
Option term end for the grant
Post-grant holdings
28,000 options
Total options held directly after transaction
Key Terms
Stock Options (Right to buy), Grant, award, or other acquisition, board of directors
3 terms
Stock Options (Right to buy) financial
"security_title: "Stock Options (Right to buy)""
Grant, award, or other acquisition financial
"transaction_code_description: "Grant, award, or other acquisition""
board of directors financial
"continued service on the board of directors"
The Board of Directors is a group of people chosen by a company's owners to help make big decisions and oversee how the company is run. They act like a team of advisors or managers, making sure the company stays on track and meets its goals. Their choices can influence the company's success and how it grows.
FAQ
What insider transaction did Foghorn Therapeutics (FHTX) report for Simba Gill?
Foghorn Therapeutics reported that director Simba Gill received a grant of stock options for 28,000 shares. The options give him the right to buy common stock at an exercise price of $4.08 per share, subject to vesting conditions and an expiration date.
What are the key terms of Simba Gill’s new FHTX stock options?
Simba Gill received 28,000 stock options to buy Foghorn Therapeutics common stock at $4.08 per share. The options vest in full one year after the grant date, assuming continued board service, and expire on June 23, 2036 if not exercised earlier.
When do Simba Gill’s Foghorn Therapeutics options vest?
The options granted to Simba Gill vest in full on the first anniversary of the grant date. Vesting is conditioned on his continued service on Foghorn Therapeutics’ board of directors through that one-year mark, according to the transaction footnote.
What is the expiration date of Simba Gill’s FHTX stock options?
Simba Gill’s stock options expire on June 23, 2036 if not exercised. After that expiration date, the right to buy 28,000 shares of Foghorn Therapeutics common stock at $4.08 per share will lapse under the option grant terms.
How many FHTX options does Simba Gill hold after this transaction?
After this grant, Simba Gill holds 28,000 stock options directly. These options each relate to one share of Foghorn Therapeutics common stock and have an exercise price of $4.08 per share, as shown in the insider transaction details.