Biotech Director Ted Love Receives Major Stock Option Grant at Structure Therapeutics
Filing Impact
Filing Sentiment
Form Type
4
Rhea-AI Filing Summary
Structure Therapeutics (GPCR) director Ted W. Love received a stock option grant on June 23, 2025, representing a significant insider transaction. The grant consists of 51,804 share options with the following key terms:
- Exercise price: $7.37 per share, based on ADS trading price
- Vesting schedule: Equal monthly installments over 12 months from June 23, 2025
- Full vesting: Prior to 2026 annual shareholder meeting
- Expiration date: June 22, 2035
The options convert to ordinary shares, with each ADS representing three ordinary shares. This grant aligns the director's interests with shareholders through long-term equity compensation. The transaction was reported via Form 4 filing within the required timeframe, with signature by attorney-in-fact Jun Yoon on June 25, 2025.
Positive
- None.
Negative
- None.
Insider Trade Summary
1 transaction reported
Mixed
1 txn
Insider
LOVE TED W
Role
Director
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Grant/Award | Share Option (right to buy) | 51,804 | $0.00 | -- |
Holdings After Transaction:
Share Option (right to buy) — 51,804 shares (Direct)
Footnotes (1)
- The option exercise price per share is equal to the fair market value per Ordinary Share on the grant date based on the trading price of the Issuer's American Depositary Shares ("ADSs"). The shares vest in equal monthly installments over the 12 months following June 23, 2025, provided that the grant will in any case be fully vested on the date immediately prior to the date of the Issuer's 2026 annual shareholder meeting, The Ordinary Shares of the Issuer may be represented by ADSs. Each ADS represents three Ordinary Shares of the Issuer.
FAQ
How many stock options were granted to Ted Love at Structure Therapeutics (GPCR) in June 2023?
According to the Form 4 filing, Ted W. Love was granted 51,804 share options (right to buy) of Structure Therapeutics (GPCR) on June 23, 2025, with an exercise price of $7.37 per share.
What is the vesting schedule for Ted Love's GPCR stock options granted in June 2025?
The stock options vest in equal monthly installments over 12 months following June 23, 2025. However, the grant will become fully vested immediately prior to Structure Therapeutics' 2026 annual shareholder meeting, regardless of the monthly vesting schedule.
What is the exercise price of GPCR stock options granted to director Ted Love?
The exercise price of the stock options is $7.37 per share, which was equal to the fair market value of Structure Therapeutics' Ordinary Shares on the grant date, based on the trading price of the company's American Depositary Shares (ADSs).
When do Ted Love's GPCR stock options expire?
The stock options granted to Ted Love expire on June 22, 2035, which is 10 years from the grant date of June 23, 2025.