Gossamer Bio (NASDAQ: GOSS) awards director 115,000 stock options
Filing Impact
Filing Sentiment
Form Type
4
Rhea-AI Filing Summary
Gossamer Bio, Inc. director Nathan Steven D received a grant of stock options for 115,000 shares of common stock at an exercise price of $0.1780 per share. The options expire on June 3, 2036 and vest in full on the earlier of the first anniversary of the grant or the next annual stockholder meeting, subject to continued board service.
Positive
- None.
Negative
- None.
Insider Trade Summary
1 transaction reported
Mixed
1 txn
Insider
Nathan Steven D
Role
null
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Grant/Award | Stock Option (Right to Buy) | 115,000 | $0.00 | -- |
Holdings After Transaction:
Stock Option (Right to Buy) — 115,000 shares (Direct, null)
Footnotes (1)
- Award made pursuant to Non-Employee Director Compensation Program. The entire number of shares subject to this option becomes fully vested and exercisable on the first to occur of (a) the first anniversary of the grant date or (b) the next occurring annual meeting of the Issuer's stockholders, subject to the Reporting Person's continued service on the board of directors of the Issuer through such vesting date.
Key Figures
Option grant size: 115,000 options
Exercise price: $0.1780 per share
Expiration date: June 3, 2036
+2 more
5 metrics
Option grant size
115,000 options
Stock Option (Right to Buy) granted to director
Exercise price
$0.1780 per share
Conversion or exercise price for the options
Expiration date
June 3, 2036
Option expiration for granted stock options
Underlying shares
115,000 shares
Common stock underlying the stock options
Holdings after grant
115,000 options
Total derivative securities following transaction
Key Terms
Stock Option (Right to Buy), Non-Employee Director Compensation Program, vesting, annual meeting of the Issuer's stockholders
4 terms
Stock Option (Right to Buy) financial
"security_title: Stock Option (Right to Buy)"
Non-Employee Director Compensation Program financial
"Award made pursuant to Non-Employee Director Compensation Program."
vesting financial
"becomes fully vested and exercisable on the first to occur of (a) the first anniversary"
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 the Issuer's stockholders financial
"or (b) the next occurring annual meeting of the Issuer's stockholders"
FAQ
What insider transaction did GOSS report for Nathan Steven D?
Gossamer Bio reported that director Nathan Steven D received a grant of 115,000 stock options. These options give him the right to buy common shares at a fixed exercise price as part of his non-employee director compensation.
What are the key terms of Nathan Steven D’s GOSS stock option grant?
The grant covers 115,000 options with an exercise price of $0.1780 per share, expiring on June 3, 2036. All options relate to Gossamer Bio common stock and were issued under the non-employee director compensation program.
When do the newly granted GOSS stock options vest for Nathan Steven D?
The entire 115,000-share option grant becomes fully vested and exercisable on the earlier of the first anniversary of the grant date or the next annual meeting of stockholders, provided he continues serving on Gossamer Bio’s board until that vesting date.
Is Nathan Steven D’s GOSS option grant an open-market purchase or a compensation award?
The transaction is a compensation award, not an open-market purchase. It is described as a grant of stock options made pursuant to Gossamer Bio’s Non-Employee Director Compensation Program for board service.
How many GOSS derivative securities does Nathan Steven D hold after this Form 4?
After the reported transaction, Nathan Steven D holds 115,000 derivative securities in the form of stock options. These options each relate to one share of Gossamer Bio common stock, according to the filing details.