Monte Rosa Therapeutics (GLUE) director gets 25,800 options grant
Filing Impact
Filing Sentiment
Form Type
4
Rhea-AI Filing Summary
Monte Rosa Therapeutics director Anthony M. Manning 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 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, provided he continues in service until that time. Following this grant, he holds 25,800 derivative securities representing rights to acquire common shares.
Positive
- None.
Negative
- None.
Insider Trade Summary
1 transaction reported
Mixed
1 txn
Insider
Manning Anthony M.
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
Total derivative holdings: 25,800 options
+2 more
5 metrics
Options granted
25,800 options
Stock Option (Right to Buy) granted to director
Exercise price
$17.10 per share
Conversion or exercise price for common stock
Total derivative holdings
25,800 options
Total shares following transaction
Expiration date
June 11, 2036
Option expiration
Vesting date trigger
June 11, 2027
Earlier of this date or next annual meeting
Key Terms
Stock Option (Right to Buy), exercise price, vesting, 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.
vesting financial
"The shares subject to this option shall vest and become exercisable in full"
Vesting is the process by which you earn full ownership of something, like company stock or a retirement benefit, over time. It’s like earning the right to keep a gift piece by piece the longer you stay with a company, making sure employees stay committed before they receive all the benefits.
annual meeting of stockholders regulatory
"the Issuer's next annual meeting of stockholders"
FAQ
What did Monte Rosa Therapeutics (GLUE) disclose in this Form 4 filing?
Monte Rosa Therapeutics reported a director, Anthony M. Manning, received stock options for 25,800 shares. These options give him the right to buy common stock at a fixed $17.10 exercise price if and when they vest and are exercised.
How many Monte Rosa Therapeutics (GLUE) options were granted to the director?
Anthony M. Manning was granted options covering 25,800 shares of Monte Rosa common stock. The filing states his total derivative holdings after the transaction are 25,800 options, all tied to this new grant reported in the Form 4.
What is the exercise price of the new Monte Rosa (GLUE) stock options?
The stock options granted to director Anthony M. Manning have an exercise price of $17.10 per share. This is the fixed price he would pay to buy Monte Rosa common stock if he later exercises these options after they vest.
When do the newly granted Monte Rosa (GLUE) options vest?
The options vest in full on the earlier of June 11, 2027, or Monte Rosa’s next annual meeting of stockholders. Vesting is also conditioned on Anthony M. Manning’s continued service with the company through that vesting date, according to the filing footnote.
Do these Monte Rosa (GLUE) option grants involve an open-market stock purchase or sale?
No, the Form 4 describes a grant of stock options classified as an acquisition by award. The transaction code is “A,” indicating a compensation-related grant, not an open-market buy or sell of existing Monte Rosa common shares.
What is the expiration date of the Monte Rosa (GLUE) options granted to the director?
The options granted to Anthony M. Manning expire on June 11, 2036. After that date, any unexercised options will lapse and no longer give him the right to buy Monte Rosa common stock at the $17.10 exercise price.