Director at Monte Rosa (NASDAQ: GLUE) awarded 25,800 stock options
Filing Impact
Filing Sentiment
Form Type
4
Rhea-AI Filing Summary
Monte Rosa Therapeutics director Christine Siu received a grant of stock options covering 25,800 shares of common stock. The options have an exercise price of $17.10 per share and expire on June 11, 2036. They vest in full on the earlier of June 11, 2027 or the company’s next annual meeting of stockholders, subject to her continued service.
Positive
- None.
Negative
- None.
Insider Trade Summary
1 transaction reported
Mixed
1 txn
Insider
Siu Christine
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 shares
Exercise price: $17.10 per share
Expiration date: June 11, 2036
+3 more
6 metrics
Options granted
25,800 shares
Stock option grant to director Christine Siu
Exercise price
$17.10 per share
Strike price for granted options
Expiration date
June 11, 2036
Option term end date
Shares underlying options
25,800 shares
Common stock underlying the derivative security
Vesting trigger date
June 11, 2027
Earlier of this date or next annual meeting, subject to service
Total options held after grant
25,800 options
Total derivative shares following this transaction
Key Terms
Stock Option (Right to Buy), exercise price, vest and become exercisable, annual meeting of stockholders, +1 more
5 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
"the Issuer's next annual meeting of stockholders"
continued service financial
"subject to the Reporting Person's continued service at such time"
FAQ
What did Monte Rosa Therapeutics (GLUE) report in this Form 4?
Monte Rosa Therapeutics reported that director Christine Siu received a grant of stock options for 25,800 shares of common stock. These options are part of her compensation and give her the right to buy shares at a fixed exercise price in the future.
How many stock options did Christine Siu receive from Monte Rosa Therapeutics (GLUE)?
Christine Siu received 25,800 stock options linked to Monte Rosa Therapeutics common stock. Each option represents the right to purchase one share, giving her potential future equity exposure if the company’s share price exceeds the fixed exercise price.
What is the exercise price of Christine Siu’s Monte Rosa Therapeutics (GLUE) options?
The stock options granted to Christine Siu have an exercise price of $17.10 per share. This means she can buy Monte Rosa Therapeutics common stock at $17.10 if she exercises the options after they vest and before they expire.
When do Christine Siu’s Monte Rosa Therapeutics (GLUE) options vest?
These options vest and become exercisable in full on the earlier of June 11, 2027 or Monte Rosa Therapeutics’ next annual meeting of stockholders. Vesting also requires Christine Siu’s continued service with the company through that vesting date.
When do Christine Siu’s Monte Rosa Therapeutics (GLUE) options expire?
The granted stock options expire on June 11, 2036. After this expiration date, any unexercised options become worthless, so she must exercise vested options before that date if she wishes to purchase shares at the fixed exercise price.
Is this Monte Rosa Therapeutics (GLUE) Form 4 a stock purchase or sale?
This Form 4 reflects a grant of stock options, not an open-market stock purchase or sale. It is a compensation-related award giving Christine Siu the right to buy shares later, rather than a current transaction in the company’s stock.