Fractyl Health (GUTS) awards director 22,500 options at $0.7318
Filing Impact
Filing Sentiment
Form Type
4
Rhea-AI Filing Summary
FRACTYL HEALTH, INC. director Christopher Charles Thompson received a grant of stock options covering 22,500 shares of common stock as compensation for his service on the board under the non-employee director compensation policy. The options have an exercise price of $0.7318 per share and expire on June 9, 2036. They vest in a single installment on the earlier of the next annual meeting of stockholders or the first anniversary of the grant, subject to his continued service as a non-employee director. Following this award, he holds 22,500 stock options directly.
Positive
- None.
Negative
- None.
Insider Trade Summary
1 transaction reported
Mixed
1 txn
Insider
Thompson Christopher Charles
Role
Director
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Grant/Award | Stock Option | 22,500 | $0.00 | -- |
Holdings After Transaction:
Stock Option — 22,500 shares (Direct)
Footnotes (1)
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Key Figures
Stock options granted: 22,500 options
Exercise price: $0.7318 per share
Expiration date: June 9, 2036
+2 more
5 metrics
Stock options granted
22,500 options
Awarded to director as board compensation
Exercise price
$0.7318 per share
Strike price for the granted options
Expiration date
June 9, 2036
Option term end date
Underlying shares
22,500 shares
Common stock covered by the options
Post-grant option holdings
22,500 options
Total derivative holdings after this award
Key Terms
Stock Option, non-employee director compensation policy, annual meeting of stockholders, vest and become exercisable
4 terms
Stock Option financial
"The stock option was awarded as compensation for the Reporting Person's service"
A stock option is a contract that gives you the right to buy or sell a company's stock at a specific price within a certain time frame. People use them to potentially make money if the stock's price moves favorably or to protect against losses. It's like holding a coupon that can be used to buy or sell stock at a set price later on.
non-employee director compensation policy financial
"pursuant to the Issuer's non-employee director compensation policy"
annual meeting of stockholders financial
"on the earlier of (i) the date of the next annual meeting of stockholders"
vest and become exercisable financial
"The stock option will vest and become exercisable in a single installment"
FAQ
What insider transaction did FRACTYL HEALTH (GUTS) report?
FRACTYL HEALTH reported a stock option grant to director Christopher Charles Thompson for 22,500 shares of common stock. The award was made as compensation for his service on the company’s board under its non-employee director compensation policy.
How many stock options did the FRACTYL HEALTH (GUTS) director receive?
Director Christopher Charles Thompson received stock options for 22,500 shares of FRACTYL HEALTH common stock. These options were granted as board compensation and will vest in a single installment based on future service and the timing of the next annual stockholder meeting.
What is the exercise price of the new FRACTYL HEALTH (GUTS) options?
The granted stock options have an exercise price of $0.7318 per share. This is the price at which the director can buy FRACTYL HEALTH common shares once the options vest and become exercisable, subject to his continued service on the company’s board.
When do the FRACTYL HEALTH (GUTS) director’s stock options vest?
The stock options vest in a single installment on the earlier of the next annual meeting of stockholders or the first anniversary of the grant date. Vesting requires Christopher Charles Thompson to continue serving as a non-employee director through that vesting date.
What is the expiration date of the FRACTYL HEALTH (GUTS) stock options?
The stock options granted to Christopher Charles Thompson expire on June 9, 2036. After this expiration date, any unexercised options will lapse, meaning they can no longer be used to purchase FRACTYL HEALTH common stock at the stated exercise price.
How many FRACTYL HEALTH (GUTS) options does the director hold after this grant?
After this stock option grant, Christopher Charles Thompson holds 22,500 stock options directly. These options relate to FRACTYL HEALTH common stock and reflect his total reported derivative holdings following the compensation award described in the Form 4.