Gossamer Bio (GOSS) director Skye Drynan awarded 115,000 stock options at $0.178
Filing Impact
Filing Sentiment
Form Type
4
Rhea-AI Filing Summary
Gossamer Bio director Skye Drynan received a new stock option grant as part of board compensation. The award covers 115,000 options to buy Gossamer Bio common stock at an exercise price of $0.178 per share, expiring on June 3, 2036.
The option was granted under the company’s Non-Employee Director Compensation Program and represents 115,000 underlying shares following this transaction. All option shares vest and become exercisable on the earlier of the first anniversary of the grant date or the next annual stockholder meeting, assuming continued board service through that date.
Positive
- None.
Negative
- None.
Insider Trade Summary
1 transaction reported
Mixed
1 txn
Insider
Drynan Skye
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: $0.178 per share
Underlying shares: 115,000 shares
+2 more
5 metrics
Option grant size
115,000 options
Stock option award to director Skye Drynan
Exercise price
$0.178 per share
Conversion or exercise price of options
Underlying shares
115,000 shares
Common stock underlying the option grant
Post-grant option holdings
115,000 options
Total options reported following this transaction
Option expiration date
June 3, 2036
Expiration of the stock option award
Key Terms
Non-Employee Director Compensation Program, stock option, vested and exercisable, grant date
4 terms
Non-Employee Director Compensation Program financial
"Award made pursuant to Non-Employee Director Compensation Program."
stock option financial
"The entire number of shares subject to this option becomes fully vested and exercisable..."
A stock option is a contract that gives you the right to buy or sell a company's stock at a specific price within a certain time frame. People use them to potentially make money if the stock's price moves favorably or to protect against losses. It's like holding a coupon that can be used to buy or sell stock at a set price later on.
vested and exercisable financial
"The entire number of shares subject to this option becomes fully vested and exercisable..."
grant date financial
"the first anniversary of the grant date or (b) the next occurring annual meeting..."
The grant date is the day a company formally gives an employee or contractor the right to receive stock-based compensation, such as stock options or restricted shares. It matters to investors because it fixes key terms—like the price, the start of the ownership clock, and when the award will affect the company’s financial statements and share count—so it can influence dilution, reported expenses, and potential future selling pressure.
FAQ
What did Gossamer Bio (GOSS) director Skye Drynan receive in this Form 4 filing?
Skye Drynan received a stock option grant for 115,000 shares of Gossamer Bio common stock. The award is part of the Non-Employee Director Compensation Program and provides the right to buy shares at a fixed exercise price of $0.178 per share.
What is the exercise price and term of Skye Drynan’s GOSS stock options?
The stock options have an exercise price of $0.178 per share and expire on June 3, 2036. This long-dated term gives the director a multi-year window to decide whether to exercise the options, subject to vesting conditions being met.
When do Skye Drynan’s Gossamer Bio stock options vest?
All 115,000 stock options vest on the earlier of the first anniversary of the grant date or the next annual stockholder meeting. Vesting is conditioned on Skye Drynan continuing to serve on Gossamer Bio’s board through the applicable vesting date.
Is Skye Drynan’s GOSS stock option grant an open-market purchase?
No. The transaction is a compensation-related stock option grant, not an open-market share purchase. It was awarded under Gossamer Bio’s Non-Employee Director Compensation Program, with an exercise price of $0.178 and vesting tied to continued board service.