Geron director granted options on 220,000 shares
Geron Corp director Susan Molineaux received a compensation grant of stock options covering 220,000 shares of common stock at an exercise price of $1.26 per share.
Rhea-AI Filing Summary
Geron Corp director Susan Molineaux received a compensation grant of stock options covering 220,000 shares of common stock at an exercise price of $1.26 per share. The option vests in full on the earlier of the company’s next annual stockholder meeting or the first anniversary of the grant date, contingent on her continuous service. Any unexercised portion expires on May 19, 2036. This is an equity award, not an open-market stock purchase or sale.
Positive
- None.
Negative
- None.
Insider Trade Summary
Grant/Award: 220,000 shares
Grant/Award
1 txn
Insider
Molineaux Susan
Role
Director
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Grant/Award | Stock Option (right to buy) | 220,000 | $0.00 | $0.00 |
Holdings After Transaction:
Stock Option (right to buy) — 220,000 contracts (Direct)
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
Option grant size: 220,000 options
Exercise price: $1.26 per share
Underlying shares: 220,000 shares
+1 more
4 metrics
Option grant size
220,000 options
Stock Option (right to buy) granted to director
Exercise price
$1.26 per share
Conversion or exercise price of option grant
Underlying shares
220,000 shares
Common stock underlying the option
Expiration date
May 19, 2036
Option expiration for director grant
Key Terms
Stock Option (right to buy), exercise price, vest and become exercisable, expiration date
4 terms
Stock Option (right to buy) financial
"security_title: Stock Option (right to buy)"
exercise price financial
"conversion_or_exercise_price set at 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.
vest and become exercisable financial
"This option will vest and become exercisable as to 100% of the shares"
expiration date financial
"expiration_date listed as 2036-05-19 for the option"
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.
FAQ
AI-generated questions and answers. How Rhea-AI works. Not financial advice.
What did Geron (GERN) director Susan Molineaux report in this Form 4?
She reported receiving a grant of stock options for 220,000 Geron common shares at a $1.26 exercise price. The award is a compensation grant, not an open-market transaction, and will vest in full subject to her continued service.
What is the exercise price of Susan Molineaux’s Geron (GERN) stock options?
The exercise price is $1.26 per share for the 220,000 stock options. This means she can purchase Geron common shares at $1.26 once the option has vested, any time before the stated expiration date, if she chooses to exercise.
When do Susan Molineaux’s Geron (GERN) options vest?
The options vest and become fully exercisable on the earlier of the next Geron annual stockholder meeting or the first anniversary of the grant date. Vesting is conditioned on her maintaining continuous service with Geron through the applicable vesting date.
When do the Geron (GERN) stock options granted to Susan Molineaux expire?
The options expire on May 19, 2036, if not exercised earlier. After that expiration date, any unexercised portion of the 220,000-share option grant will lapse, and she will no longer have the right to buy shares under this award.
AI-generated analysis. How Rhea-AI works. Not financial advice.
