Structure Therapeutics (GPCR) grants 39,453-share option award to director
Filing Impact
Filing Sentiment
Form Type
4
Rhea-AI Filing Summary
Structure Therapeutics Inc. director Sharon Tetlow received a grant of options covering 39,453 Ordinary Shares. The options have an exercise price of $15.00 per share and expire on June 16, 2036. These options vest in equal monthly installments over the 12 months following June 17, 2026, and will be fully vested immediately before the company’s 2027 annual shareholder meeting. Each American Depositary Share represents three Ordinary Shares.
Positive
- None.
Negative
- None.
Insider Trade Summary
1 transaction reported
Mixed
1 txn
Insider
TETLOW SHARON
Role
null
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Grant/Award | Share Option (right to buy) | 39,453 | $0.00 | -- |
Holdings After Transaction:
Share Option (right to buy) — 39,453 shares (Direct, null)
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 17, 2026, provided that the grant will in any case be fully vested on the date immediately prior to the date of the Issuer's 2027 annual shareholder meeting, The Ordinary Shares of the Issuer may be represented by ADSs. Each ADS represents three Ordinary Shares of the Issuer.
Key Figures
Option grant size: 39,453 shares
Exercise price: $15.00 per share
Expiration date: June 16, 2036
+2 more
5 metrics
Option grant size
39,453 shares
Ordinary Shares underlying options granted to director
Exercise price
$15.00 per share
Option exercise price for Ordinary Shares
Expiration date
June 16, 2036
Option expiration for granted award
Vesting schedule
12 equal monthly installments
Over 12 months following June 17, 2026
ADS ratio
1 ADS : 3 Ordinary Shares
Representation of Ordinary Shares by ADSs
Key Terms
Share Option (right to buy), American Depositary Shares ("ADSs"), exercise price, vest in equal monthly installments, +1 more
5 terms
exercise price financial
"The option exercise price per share is equal to the fair market value"
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.
vest in equal monthly installments financial
"The shares vest in equal monthly installments over the 12 months"
FAQ
What did Structure Therapeutics (GPCR) director Sharon Tetlow receive in this Form 4?
Sharon Tetlow received a grant of options to acquire 39,453 Ordinary Shares of Structure Therapeutics. The options are compensation-related, not an open-market purchase or sale, and give her the right to buy shares at a fixed exercise price in the future.
What is the exercise price and term of Sharon Tetlow’s options in GPCR?
The options have an exercise price of $15.00 per Ordinary Share and expire on June 16, 2036. This means she can choose to exercise the options at that price any time before expiration, subject to vesting conditions described in the grant.
How do Sharon Tetlow’s GPCR options vest over time?
The options vest in equal monthly installments over the 12 months following June 17, 2026. Regardless of monthly vesting, the grant will be fully vested immediately before Structure Therapeutics’ 2027 annual shareholder meeting, assuming the vesting conditions continue to be satisfied.
Is this GPCR Form 4 a market buy or sell by Sharon Tetlow?
No, this Form 4 reports a compensation-related option grant, coded as an acquisition (A), not an open-market buy or sell. It records the award of derivative securities giving her the right to purchase Ordinary Shares in the future, subject to vesting.