Director at Structure Therapeutics (NASDAQ: GPCR) gets 39,453 options
Filing Impact
Filing Sentiment
Form Type
4
Rhea-AI Filing Summary
Structure Therapeutics Inc. director Russell Angus C. received a grant of options covering 39,453 Ordinary Shares at an exercise price of $15.00 per share. The options vest in equal monthly installments over 12 months after June 17, 2026 and will be fully vested before the 2027 annual shareholder meeting. Following this award, he holds 39,453 derivative securities, which expire on June 16, 2036.
Positive
- None.
Negative
- None.
Insider Trade Summary
1 transaction reported
Mixed
1 txn
Insider
Russell Angus C.
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
Underlying shares: 39,453 Ordinary Shares
+4 more
7 metrics
Option grant size
39,453 options
Share Option (right to buy) granted to director
Exercise price
$15.00 per share
Option exercise price per Ordinary Share
Underlying shares
39,453 Ordinary Shares
Underlying security linked to the option grant
Post-transaction derivative holdings
39,453 options
Total options held following the grant
Option expiration date
June 16, 2036
Expiration of granted 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, vest in equal monthly installments, +1 more
5 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.
vest in equal monthly installments financial
"The shares vest in equal monthly installments over the 12 months"
FAQ
What did the Form 4 filing report for Structure Therapeutics (GPCR)?
The filing reports a stock option grant to director Russell Angus C. for 39,453 Ordinary Shares at $15.00 per share. These options are compensation-related, not an open-market trade, and increase his derivative holdings to 39,453 options after the transaction.
How many options were granted to the Structure Therapeutics (GPCR) director?
The director received options over 39,453 Ordinary Shares. Each option has a $15.00 per share exercise price and represents the right to buy one Ordinary Share, which may be represented by American Depositary Shares, with three Ordinary Shares per ADS according to the disclosure.
What is the exercise price and expiry of the new GPCR options?
The options have an exercise price of $15.00 per Ordinary Share and expire on June 16, 2036. This long-dated expiration provides the director with a multi-year window to exercise the options once they have vested under the disclosed schedule.
How do the new Structure Therapeutics (GPCR) options vest?
The options vest in equal monthly installments over the 12 months following June 17, 2026. The disclosure states the grant will be fully vested immediately before the company’s 2027 annual shareholder meeting, subject to the applicable continued service conditions.
Are the Structure Therapeutics (GPCR) options linked to ADS trading prices?
Yes. The exercise price per Ordinary Share equals the fair market value on the grant date based on the trading price of the issuer’s American Depositary Shares. Each ADS represents three Ordinary Shares, as noted in the explanatory footnote to the transaction.
How many derivative securities does the GPCR director hold after this grant?
After the grant, the director holds 39,453 derivative securities, all from this option award. These options provide the right to acquire 39,453 Ordinary Shares, subject to the vesting schedule and the $15.00 per share exercise price disclosed in the filing.