Director at Halozyme (NASDAQ: HALO) gets RSU and stock option grants
Filing Impact
Filing Sentiment
Form Type
4
Rhea-AI Filing Summary
HALOZYME THERAPEUTICS, INC. director Mahesh Krishnan received equity awards consisting of common stock and stock options as part of the company’s director compensation program. He acquired 3,796 shares of common stock at no cash cost through a restricted stock unit grant.
He was also granted options to purchase 6,040 shares of common stock at an exercise price of $65.87 per share, expiring on May 5, 2036. Both the RSUs and options vest in full on the earlier of May 5, 2027 or the company’s next annual meeting of stockholders. After these grants, he directly holds 14,462 shares of common stock.
Positive
- None.
Negative
- None.
Insider Trade Summary
2 transactions reported
Mixed
2 txns
Insider
Krishnan Mahesh
Role
null
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Grant/Award | Option to Purchase Common Stock | 6,040 | $0.00 | -- |
| Grant/Award | Common Stock | 3,796 | $0.00 | -- |
Holdings After Transaction:
Option to Purchase Common Stock — 6,040 shares (Direct, null);
Common Stock — 14,462 shares (Direct, null)
Footnotes (1)
- Represents annual restricted stock unit ("RSU") grant under the Issuer's director compensation program. Each RSU represents the right to receive one share of common stock of the Issuer. This grant will vest in full on the earlier of (i) May 5, 2027 and (ii) the date of the Issuer's next annual meeting of stockholders. Represents annual stock option grant under the Issuer's director compensation program. This grant will vest in full on the earlier of (i) May 5, 2027 and (ii) the date of the Issuer's next annual meeting of stockholders.
Key Figures
RSU grant: 3,796 shares
Option grant size: 6,040 options
Option exercise price: $65.87 per share
+4 more
7 metrics
RSU grant
3,796 shares
Annual restricted stock unit grant to director
Option grant size
6,040 options
Annual stock option grant to director
Option exercise price
$65.87 per share
Exercise price for 6,040 stock options
Shares after transaction
14,462 shares
Common stock directly held after grants
Underlying option shares
6,040 shares
Common shares underlying the option grant
Vesting date
May 5, 2027
Latest vesting date for RSUs and options
Option expiration
May 5, 2036
Expiration of stock option grant
Key Terms
restricted stock unit ("RSU"), director compensation program, stock option, vest in full
4 terms
restricted stock unit ("RSU") financial
"Represents annual restricted stock unit ("RSU") grant under the Issuer's director compensation program."
director compensation program financial
"Represents annual restricted stock unit ("RSU") grant under the Issuer's director compensation program."
stock option financial
"Represents annual stock option grant under the Issuer's director compensation program."
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.
vest in full financial
"This grant will vest in full on the earlier of (i) May 5, 2027 and (ii) the date of the Issuer's next annual meeting of stockholders."
FAQ
What did Halozyme (HALO) director Mahesh Krishnan acquire in this Form 4 filing?
Halozyme director Mahesh Krishnan received equity awards, including 3,796 restricted stock units and options for 6,040 shares. These awards are part of the company’s director compensation program and provide future ownership and purchase rights in Halozyme common stock, subject to vesting conditions.
What are the key terms of the stock options granted to Halozyme (HALO) director Mahesh Krishnan?
Mahesh Krishnan was granted options to purchase 6,040 Halozyme common shares at an exercise price of $65.87 per share, expiring May 5, 2036. These options vest in full on the earlier of May 5, 2027 or the company’s next annual stockholder meeting.
When do the restricted stock units granted to Halozyme (HALO) director Mahesh Krishnan vest?
The 3,796 restricted stock units granted to Mahesh Krishnan vest in full on the earlier of May 5, 2027 or the date of Halozyme’s next annual meeting of stockholders. Upon vesting, each unit converts into one share of Halozyme common stock.
Are Mahesh Krishnan’s Halozyme (HALO) equity awards part of a standard director compensation program?
Yes. The filing states both the 3,796 restricted stock units and 6,040 stock options represent annual grants under Halozyme’s director compensation program. These awards follow a standard structure with full vesting at the earlier of a set date or the next annual meeting.