Monte Rosa Therapeutics (GLUE) director receives 25,800 stock options grant
Filing Impact
Filing Sentiment
Form Type
4
Rhea-AI Filing Summary
Monte Rosa Therapeutics director Andrew N. Schiff received a grant of stock options for 25,800 shares of common stock. The options have an exercise price of $17.10 per share and were awarded as compensation, not through open-market buying or selling.
The options vest and become exercisable in full on the earlier of June 11, 2027 or the company’s next annual meeting of stockholders, subject to his continued service. Following this grant, he holds options covering 25,800 underlying shares directly.
Positive
- None.
Negative
- None.
Insider Trade Summary
1 transaction reported
Mixed
1 txn
Insider
SCHIFF ANDREW N
Role
null
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Grant/Award | Stock Option (Right to Buy) | 25,800 | $0.00 | -- |
Holdings After Transaction:
Stock Option (Right to Buy) — 25,800 shares (Direct, null)
Footnotes (1)
- [object Object]
Key Figures
Options granted: 25,800 options
Exercise price: $17.10 per share
Underlying shares: 25,800 shares
+3 more
6 metrics
Options granted
25,800 options
Stock Option (Right to Buy) grant to director
Exercise price
$17.10 per share
Conversion or exercise price of options
Underlying shares
25,800 shares
Common stock underlying granted options
Shares after transaction
25,800 options
Total derivative holdings following grant
Option expiration
June 11, 2036
Expiration date of the stock options
Vesting date trigger
June 11, 2027 or next annual meeting
Earlier of two dates for full vesting
Key Terms
Stock Option (Right to Buy), exercise price, vest and become exercisable, annual meeting of stockholders
4 terms
Stock Option (Right to Buy) financial
"security_title: Stock Option (Right to Buy)"
exercise price financial
"conversion_or_exercise_price: 17.1000"
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
"The shares subject to this option shall vest and become exercisable in full"
annual meeting of stockholders financial
"upon the earlier to occur of (i) June 11, 2027 or (ii) the Issuer's next annual meeting of stockholders"
FAQ
What did Monte Rosa Therapeutics (GLUE) disclose in this Form 4?
Monte Rosa Therapeutics reported that director Andrew N. Schiff received stock options for 25,800 common shares. These options were granted as compensation and are not open-market purchases or sales, giving him the right to buy shares at a fixed exercise price.
How many stock options did Andrew N. Schiff receive from Monte Rosa Therapeutics (GLUE)?
Andrew N. Schiff received options on 25,800 shares of Monte Rosa Therapeutics common stock. These options represent a right to buy that many shares in the future at a preset exercise price if vesting conditions are met.
What is the exercise price of Andrew N. Schiff’s Monte Rosa Therapeutics (GLUE) options?
The stock options granted to Andrew N. Schiff have an exercise price of $17.10 per share. This means he can buy Monte Rosa Therapeutics common shares at $17.10 once the options vest and become exercisable, regardless of the future market price.
When do Andrew N. Schiff’s Monte Rosa Therapeutics (GLUE) options vest?
The options vest and become exercisable in full on the earlier of June 11, 2027 or Monte Rosa Therapeutics’ next annual stockholder meeting. Vesting is conditioned on Schiff’s continued service with the company through that applicable vesting date.
Is this Monte Rosa Therapeutics (GLUE) Form 4 a market buy or sell by the director?
This Form 4 reflects a grant of stock options to director Andrew N. Schiff, not a market purchase or sale. The transaction is categorized as a grant or award acquisition, with no cash price paid per option at the grant date.
How many Monte Rosa Therapeutics (GLUE) options does Andrew N. Schiff hold after this grant?
Following this grant, Andrew N. Schiff holds options covering 25,800 underlying shares of Monte Rosa Therapeutics common stock directly. These options are subject to the disclosed vesting schedule before they can be exercised for shares.