Structure Therapeutics (GPCR) director receives 39,453 share options at $15
Filing Impact
Filing Sentiment
Form Type
4
Rhea-AI Filing Summary
Structure Therapeutics Inc. director Daniel G. Welch received a grant of share options covering 39,453 Ordinary Shares at an exercise price of $15.00 per share. The options vest in equal monthly installments over the 12 months following June 17, 2026, and will in any case be fully vested immediately before the company’s 2027 annual shareholder meeting. Following this grant, Welch holds 39,453 share options directly, each relating to Ordinary Shares that may be represented by American Depositary Shares, with each ADS representing three Ordinary Shares.
Positive
- None.
Negative
- None.
Insider Trade Summary
1 transaction reported
Mixed
1 txn
Insider
WELCH DANIEL G
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 options
Exercise price: $15.00 per share
Post-grant option holdings: 39,453 options
+3 more
6 metrics
Option grant size
39,453 options
Share Option (right to buy) granted to director
Exercise price
<money>$15.00</money> per share
Equal to fair market value on grant date
Post-grant option holdings
39,453 options
Total derivative securities following transaction
Option expiration date
<date>June 16, 2036</date>
Expiration of granted share options
Vesting period
12 months
Equal monthly vesting after June 17, 2026
ADS to Ordinary Share ratio
1 ADS = 3 Ordinary Shares
Representation of Ordinary Shares by ADSs
Key Terms
Share Option (right to buy), American Depositary Shares ("ADSs"), fair market value, annual shareholder meeting
4 terms
fair market value financial
"exercise price per share is equal to the fair market value per Ordinary Share"
The price a willing buyer and a willing seller would agree on for an asset or security when neither is under pressure and both have access to the same information. Think of it as the market’s neutral estimate of what something is worth, like the price two neighbors would settle on for a car after comparing similar listings. Investors care because fair market value guides buying and selling decisions, tax reporting, portfolio valuation, and how accurately company assets are reflected in financial statements.
FAQ
What did Daniel G. Welch report in this Form 4 for Structure Therapeutics (GPCR)?
Daniel G. Welch reported receiving a grant of options to buy 39,453 Ordinary Shares of Structure Therapeutics. These options were granted as a compensation award and are recorded as a derivative security with an exercise price set at the fair market value on the grant date.
What is the exercise price and size of the new option grant at Structure Therapeutics (GPCR)?
The new option grant covers 39,453 Ordinary Shares with an exercise price of $15.00 per share. The filing notes this price equals the fair market value per Ordinary Share on the grant date, based on the trading price of the company’s American Depositary Shares.
How do the granted options to Daniel G. Welch at GPCR vest over time?
The options vest in equal monthly installments over the 12 months following June 17, 2026. The filing also states the grant will be fully vested immediately before Structure Therapeutics’ 2027 annual shareholder meeting, whichever timing ensures complete vesting by that point.
When do Daniel G. Welch’s Structure Therapeutics options expire?
The options granted to Daniel G. Welch expire on June 16, 2036. This long-dated expiration gives him a substantial period to exercise the right to purchase the underlying Ordinary Shares once they have vested according to the specified monthly vesting schedule.
How many options does Daniel G. Welch hold after this transaction in GPCR?
After this grant, Daniel G. Welch holds 39,453 share options directly. Each option relates to one Ordinary Share of Structure Therapeutics, and the filing indicates these Ordinary Shares may be represented by American Depositary Shares listed and traded in the market.