Geron director receives 220,000 stock options
Geron Corp director John F. McDonald received a grant of 220,000 stock options to buy Geron common stock.
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
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Grant/Award | Stock Option (right to buy) | 220,000 | $0.00 | $0.00 |
Footnotes (1)
- F1. This option will vest and become exercisable as to 100% of the shares of common stock subject to such option on the earlier of (i) the date of the next annual meeting of the Issuer's stockholders or (ii) the first anniversary of the date of grant of such option, subject to the Reporting Person's continuous service with the Issuer through such dates.
Key Figures
Key Terms
Stock Option (right to buy) financial
exercise price financial
Common Stock financial
expiration date financial
vest and become exercisable financial
FAQ
AI-generated questions and answers. How Rhea-AI works. Not financial advice.
What did Geron (GERN) director John F. McDonald report in this Form 4?
What are the key terms of John F. McDonald’s Geron (GERN) stock option grant?
When do John F. McDonald’s Geron (GERN) options vest and become exercisable?
How many Geron (GERN) derivative securities does John F. McDonald hold after this transaction?
AI-generated analysis. How Rhea-AI works. Not financial advice.