Gossamer Bio Board Member Granted $156K Worth of Stock Options in Annual Compensation
Filing Impact
Filing Sentiment
Form Type
4
Rhea-AI Filing Summary
Gossamer Bio director Steven D. Nathan received a stock option grant on June 25, 2025, as reported in this Form 4 filing. The derivative securities transaction details include:
- Grant of 115,000 stock options to purchase common stock
- Exercise price set at $1.36 per share
- Options expire on June 24, 2035
- Vesting occurs at the earlier of:
- First anniversary of grant date
- Next annual stockholder meeting
The award was made under the company's Non-Employee Director Compensation Program. Vesting is contingent on Nathan's continued service on the board of directors through the vesting date. The filing was submitted by attorney-in-fact Jeff Boerneke on June 26, 2025.
Positive
- None.
Negative
- None.
Insider Trade Summary
1 transaction reported
Mixed
1 txn
Insider
Nathan Steven D
Role
Director
| 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)
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.
FAQ
What stock options did GOSS director Steven Nathan receive on June 25, 2025?
Steven Nathan received 115,000 stock options with an exercise price of $1.36 per share. These options were granted under the Non-Employee Director Compensation Program and will expire on June 24, 2035.
When do Steven Nathan's GOSS stock options vest?
The stock options will fully vest on the earlier of: (a) the first anniversary of the grant date (June 25, 2026) or (b) GOSS's next annual stockholder meeting, provided Nathan continues serving on the board of directors through the vesting date.
What is the exercise price of GOSS director Steven Nathan's new stock options?
The stock options were granted with an exercise price of $1.36 per share.
How long does Steven Nathan have to exercise his GOSS stock options?
The stock options have a 10-year term and will expire on June 24, 2035.
What is Steven Nathan's role at GOSS according to the Form 4?
According to the Form 4, Steven Nathan serves as a Director of Gossamer Bio, Inc. (GOSS). His address is listed as 3115 Merryfield Row, Suite 120, San Diego, CA 92121.