Geron (GERN) director granted 220,000 stock options at $1.26
Filing Impact
Filing Sentiment
Form Type
4
Rhea-AI Filing Summary
Geron Corp director John F. McDonald received a grant of 220,000 stock options to buy Geron common stock. The options have an exercise price of $1.26 per share and expire on May 19, 2036, providing long-term equity-based compensation.
According to the terms, the option will vest and become exercisable for all 220,000 underlying shares on the earlier of the next annual meeting of stockholders or the first anniversary of the grant date, as long as McDonald continues to serve the company through that date. There were 220,000 derivative securities held after this grant, and the filing shows no open-market buying or selling.
Positive
- None.
Negative
- None.
Insider Trade Summary
1 transaction reported
Mixed
1 txn
Insider
McDonald John F
Role
null
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Grant/Award | Stock Option (right to buy) | 220,000 | $0.00 | -- |
Holdings After Transaction:
Stock Option (right to buy) — 220,000 shares (Direct, null)
Footnotes (1)
- [object Object]
Key Figures
Option grant size: 220,000 options
Exercise price: $1.26 per share
Expiration date: May 19, 2036
+2 more
5 metrics
Option grant size
220,000 options
Stock Option (right to buy) granted to director on May 20, 2026
Exercise price
$1.26 per share
Conversion or exercise price for the stock option grant
Expiration date
May 19, 2036
Option expiration for the 220,000-share stock option grant
Underlying shares
220,000 shares
Common stock underlying the granted options
Post-grant derivative holdings
220,000 options
Total derivative securities held following the transaction
Key Terms
Stock Option (right to buy), exercise price, Common Stock, expiration date, +1 more
5 terms
Stock Option (right to buy) financial
"security_title: Stock Option (right to buy)"
exercise price financial
"conversion_or_exercise_price: 1.2600"
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.
Common Stock financial
"underlying_security_title: Common Stock"
Common stock represents ownership shares in a company, giving investors a stake in its success and a say in important decisions through voting rights. It is the most common type of stock traded on markets and can provide income through dividends, as well as potential for value growth. For investors, holding common stock means sharing in the company’s profits and risks.
expiration date financial
"expiration_date: 2036-05-19T00:00:00.000Z"
The expiration date is the deadline after which a financial contract, such as an option or a futures agreement, is no longer valid or can be exercised. It matters to investors because it determines the timeframe during which they can take action or benefit from the contract, similar to how a coupon or a food item has a limited period of usefulness. Once the expiration date passes, the contract loses its value or ability to be used.
vest and become exercisable financial
"This option will vest and become exercisable as to 100% of the shares"
FAQ
What did Geron (GERN) director John F. McDonald report in this Form 4?
He reported receiving a grant of 220,000 stock options as equity compensation. These options give him the right to buy Geron common stock at a fixed price, aligning his interests with long-term shareholder value creation if the share price rises.
What are the key terms of John F. McDonald’s Geron (GERN) stock option grant?
The grant covers 220,000 stock options with an exercise price of $1.26 per share. The options expire on May 19, 2036, giving a long exercise window tied to his continued service with the company over time.
When do John F. McDonald’s Geron (GERN) options vest and become exercisable?
The options vest 100% on the earlier of the next annual stockholder meeting or the first anniversary of the grant date. Vesting requires his continuous service with Geron through that date, making the award contingent on ongoing board participation.
How many Geron (GERN) derivative securities does John F. McDonald hold after this transaction?
Following the reported grant, he holds 220,000 derivative securities tied to Geron common stock. These represent the newly granted stock options, which may be exercisable after vesting if he continues serving the company as specified.