Geron (NASDAQ: GERN) director awarded stock options for 220,000 shares at $1.26
Filing Impact
Filing Sentiment
Form Type
4
Rhea-AI Filing Summary
GERON CORP director Elizabeth G. O'Farrell received a grant of stock options covering 220,000 shares of common stock. The options have an exercise price of $1.26 per share and expire on May 19, 2036. They vest 100% on the earlier of the next annual stockholder meeting or the first anniversary of the grant date, subject to her continuous service with the company. After this grant, she holds 220,000 options directly.
Positive
- None.
Negative
- None.
Insider Trade Summary
1 transaction reported
Mixed
1 txn
Insider
O'Farrell Elizabeth G.
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
Underlying shares: 220,000 shares
+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
Exercise price for 220,000 underlying Geron common shares
Underlying shares
220,000 shares
Common stock underlying the stock option grant
Expiration date
May 19, 2036
Option expiration for the reported stock option grant
Post-transaction options held
220,000 options
Total derivative securities held directly after the transaction
Key Terms
Stock Option (right to buy), exercise price, expiration date, continuous service, +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" per share"
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.
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The expiration date is the deadline after which a financial contract, such as an option or a futures agreement, is no longer valid or can be exercised.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.
continuous service financial
"subject to the Reporting Person's continuous service with the Issuer"
grant, award, or other acquisition financial
"transaction_code_description: "Grant, award, or other acquisition""
FAQ
What did Geron (GERN) director Elizabeth O'Farrell report in this Form 4?
Elizabeth G. O'Farrell reported receiving a grant of stock options for 220,000 Geron common shares. These options are a compensation-related award, not an open-market share purchase or sale, and are held directly in her name following the transaction.
What is the exercise price of Elizabeth O'Farrell’s Geron (GERN) stock options?
The options have an exercise price of $1.26 per share for Geron common stock. This means she can purchase up to 220,000 shares at $1.26 each once the options vest and become exercisable under the terms of the grant.
When do Elizabeth O'Farrell’s Geron (GERN) stock options vest?
The options vest and become fully exercisable on the earlier of the next annual meeting of Geron stockholders or the first anniversary of the grant date. Vesting is conditioned on her continuous service with Geron through the applicable vesting date.
When do Elizabeth O'Farrell’s Geron (GERN) stock options expire?
The reported stock options expire on May 19, 2036, if not exercised earlier. After this expiration date, any unexercised portion of the 220,000-share option grant will no longer be exercisable under the terms disclosed in the Form 4.