Gyre Therapeutics (GYRE) director awarded 40,000 stock options at $5.95
Filing Impact
Filing Sentiment
Form Type
4
Rhea-AI Filing Summary
GYRE THERAPEUTICS, INC. director Zhang Ping received a grant of stock options covering 40,000 shares of common stock. The options have an exercise price of $5.95 per share, expire on June 10, 2036, and vest in 12 equal monthly installments through June 10, 2027 as long as service continues.
Positive
- None.
Negative
- None.
Insider Trade Summary
1 transaction reported
Mixed
1 txn
Insider
Zhang Ping
Role
null
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Grant/Award | Stock Option (Right to Buy) | 40,000 | $0.00 | -- |
Holdings After Transaction:
Stock Option (Right to Buy) — 40,000 shares (Direct, null)
Footnotes (1)
- [object Object]
Key Figures
Option grant size: 40,000 options
Exercise price: $5.95 per share
Expiration date: June 10, 2036
+1 more
4 metrics
Option grant size
40,000 options
Stock Option (Right to Buy) awarded to director Zhang Ping
Exercise price
$5.95 per share
Exercise price for the 40,000 stock options
Expiration date
June 10, 2036
Option term end date for the grant
Vesting period end
June 10, 2027
Vests in 12 equal monthly installments through this date
Key Terms
Stock Option (Right to Buy), exercise price, expiration date, vest in 12 equal monthly installments
4 terms
Stock Option (Right to Buy) financial
"security_title: Stock Option (Right to Buy)"
exercise price financial
"conversion_or_exercise_price: 5.9500"
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.
expiration date financial
"expiration_date: 2036-06-10T00:00:00.000Z"
The expiration date is the deadline after which a financial contract, such as an option or a futures agreement, is no longer valid or can be exercised. It matters to investors because it determines the timeframe during which they can take action or benefit from the contract, similar to how a coupon or a food item has a limited period of usefulness. Once the expiration date passes, the contract loses its value or ability to be used.
vest in 12 equal monthly installments financial
"will vest in 12 equal monthly installments through June 10, 2027"
FAQ
What did Zhang Ping report in this Form 4 for GYRE?
Zhang Ping reported receiving a grant of stock options for 40,000 shares of Gyre Therapeutics common stock. These options are a compensation award, not an open-market stock purchase or sale, and give the right to buy shares at a fixed exercise price.
What is the exercise price of Zhang Ping’s GYRE stock options?
The stock options have an exercise price of $5.95 per share. This means Zhang Ping can buy Gyre Therapeutics common stock at $5.95, regardless of future market price, once each portion of the option has vested and before the options expire.
When do Zhang Ping’s GYRE stock options vest and expire?
The options vest in 12 equal monthly installments through June 10, 2027, as long as Zhang Ping continues to serve the company. The options expire on June 10, 2036, after which any unexercised portion can no longer be used to buy shares.