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 Ted W. Love received a grant of share options, giving him the right to buy 39,453 Ordinary Shares. The options have an exercise price of $15.00 per share, set at the fair market value on the grant date.
The 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
LOVE TED W
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
Options granted: 39,453 options
Exercise price: $15.00 per Ordinary Share
Underlying shares: 39,453 Ordinary Shares
+4 more
7 metrics
Options granted
39,453 options
Share Option grant to director Ted W. Love
Exercise price
$15.00 per Ordinary Share
Option exercise price set at fair market value on grant date
Underlying shares
39,453 Ordinary Shares
Shares underlying the granted options
Expiration date
June 16, 2036
Option expiration if not exercised earlier
Vesting period
12 months
Equal monthly vesting following June 17, 2026
ADS to Ordinary ratio
1 ADS = 3 Ordinary Shares
Representation of Ordinary Shares via ADSs
Post-grant derivative holdings
39,453 options
Total options held following this transaction
Key Terms
Share Option (right to buy), fair market value, American Depositary Shares ("ADSs"), Ordinary Shares, +1 more
5 terms
fair market value financial
"The option 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.
vest financial
"The shares vest in equal monthly installments over the 12 months"
A vest is the process by which an employee earns the right to receive certain benefits or ownership interests, such as stock or retirement funds, over time. It’s similar to earning a reward gradually, ensuring that the benefit becomes fully yours only after a set period or meeting specific conditions. This makes it important for investors because it determines when they can actually claim or use those benefits.
FAQ
What did Ted W. Love report in this Form 4 for GPCR?
Ted W. Love reported receiving a grant of 39,453 share options in Structure Therapeutics Inc. The options are compensation-based, not an open-market purchase, and give him the right to buy Ordinary Shares at a fixed exercise price.
How many options did the Structure Therapeutics (GPCR) director receive?
The director received 39,453 share options linked to Structure Therapeutics Ordinary Shares. These options represent the right to acquire 39,453 underlying Ordinary Shares, subject to vesting, at a fixed exercise price specified in the grant terms described in the Form 4.
What is the exercise price of the options granted to the GPCR director?
The options have an exercise price of $15.00 per Ordinary Share. This price equals the fair market value on the grant date, determined using the trading price of Structure Therapeutics American Depositary Shares referenced in the filing’s footnotes.
How do the options granted to the Structure Therapeutics director vest?
The options vest in equal monthly installments over the 12 months following June 17, 2026. Regardless of this schedule, the grant will be fully vested immediately before Structure Therapeutics’ 2027 annual shareholder meeting, according to the filing’s footnotes.
When do the options granted to the GPCR director expire?
The options expire on June 16, 2036, if not exercised earlier. After this expiration date, the right to purchase the underlying Ordinary Shares under this specific grant will lapse and no longer be exercisable by the reporting person.