Foghorn director granted 28,000 stock options
Foghorn Therapeutics director Michael Mendelsohn received a grant of stock options covering 28,000 shares of common stock at an exercise price of $4.08 per share.
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Rhea-AI Filing Summary
Foghorn Therapeutics director Michael Mendelsohn received a grant of stock options covering 28,000 shares of common stock at an exercise price of $4.08 per share. These options were awarded as compensation and give him the right to buy shares at that price in the future.
The options vest in full on the first anniversary of the grant date, as long as he continues to serve on the board of directors. After this grant, he holds 28,000 stock options directly, with an expiration date in 2036, providing long-term equity-based incentives tied to the company’s share performance.
Insider Trade Summary
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Grant/Award | Stock Options (Right to buy) | 28,000 | $4.08 | $114K |
Footnotes (1)
- F1. The option vests in full on the first anniversary of the grant date, subject to the reporting person's continued service on the board of directors.
Key Figures
Key Terms
Stock Options (Right to buy) financial
grant/award acquisition financial
exercise price financial
vests in full financial
expiration date financial
FAQ
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What did Michael Mendelsohn acquire in Foghorn Therapeutics (FHTX)?
What is the exercise price of the new Foghorn Therapeutics (FHTX) options?
When do Michael Mendelsohn’s Foghorn Therapeutics (FHTX) options vest?
How many Foghorn Therapeutics (FHTX) options does Mendelsohn hold after this grant?
When do the newly granted Foghorn Therapeutics (FHTX) options expire?
AI-generated analysis. How Rhea-AI works. Not financial advice.