Halozyme (HALO) SVP awarded options and performance stock units
Filing Impact
Filing Sentiment
Form Type
4
Rhea-AI Filing Summary
Halozyme Therapeutics reported that SVP and Chief Legal Officer Mark Howard Snyder received several equity awards on February 9, 2026. He was granted an option to purchase 18,730 shares of common stock at an exercise price of $80.48, vesting one-fourth on the grant date and then monthly in equal installments.
He was also awarded 17,396 restricted stock units that vest in four equal annual installments starting one year after the grant, plus multiple performance stock unit awards. Performance stock units of 4,651, 7,808, and 29,502 shares became eligible to vest based on a performance period ending December 31, 2025 and remain subject to additional service-based vesting through the third anniversary of each original PSU grant date.
Positive
- None.
Negative
- None.
Insider Trade Summary
5 transactions reported
Mixed
5 txns
Insider
Snyder Mark Howard
Role
SVP, CHIEF LEGAL OFFICER
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Grant/Award | Option to Purchase Common Stock | 18,730 | $0.00 | -- |
| Grant/Award | Restricted Stock Units | 17,396 | $0.00 | -- |
| Grant/Award | Performance Stock Units | 4,651 | $0.00 | -- |
| Grant/Award | Performance Stock Units | 7,808 | $0.00 | -- |
| Grant/Award | Performance Stock Units | 29,502 | $0.00 | -- |
Holdings After Transaction:
Option to Purchase Common Stock — 18,730 shares (Direct);
Restricted Stock Units — 17,396 shares (Direct);
Performance Stock Units — 12,016 shares (Direct)
Footnotes (1)
- This option vests one-fourth on such date and then 1/48th monthly thereafter. This award vests one-fourth on the first anniversary of the grant date and then one-fourth on each anniversary date thereafter. Each restricted stock unit represents a contingent right to receive one share of the Issuer's common stock. The Issuer awarded the reporting person performance-based vesting stock units ("PSUs") on February 16, 2023 that included a performance measurement period ending December 31, 2025. This transaction represents the Issuer's determination of the number of stock units that became eligible to vest based on performance for such performance period. The stock units remain subject to a service-based requirement through the third anniversary of the PSU grant date. Each restricted stock unit represents a contingent right to receive one share of the Issuer's common stock. The Issuer awarded the reporting person performance-based vesting stock units ("PSUs") on February 23, 2024 that included a performance measurement period ending December 31, 2025. This transaction represents the Issuer's determination of the number of stock units that became eligible to vest based on performance for such performance period. The stock units remain subject to a service-based requirement through the third anniversary of the PSU grant date. Each restricted stock unit represents a contingent right to receive one share of the Issuer's common stock. The Issuer awarded the reporting person performance-based vesting stock units ("PSUs") on February 20, 2025 that included a performance measurement period ending December 31, 2025. This transaction represents the Issuer's determination of the number of stock units that became eligible to vest based on performance for such performance period. The stock units remain subject to a service-based requirement through the third anniversary of the PSU grant date.
FAQ
What equity awards did Halozyme (HALO) grant to SVP Mark Snyder?
Halozyme granted Mark Snyder an option for 18,730 shares at $80.48, 17,396 restricted stock units, and several performance stock unit awards totaling 4,651, 7,808, and 29,502 units, all tied to future service and performance-based vesting.
How do Mark Snyder’s new stock options at Halozyme (HALO) vest?
The option to purchase 18,730 Halozyme shares vests one-fourth on the grant date of February 9, 2026, then in 1/48th monthly installments thereafter. This structure provides gradual vesting over four years contingent on continued service with the company.
What is the vesting schedule for Halozyme (HALO) restricted stock units granted to Mark Snyder?
The 17,396 restricted stock units granted to Mark Snyder vest one-fourth on the first anniversary of the grant date, then one-fourth on each subsequent anniversary. This creates a four-year service-based vesting period designed to retain the executive over the long term.
How are Halozyme (HALO) performance stock units for Mark Snyder determined and vested?
Performance stock units were granted with a performance period ending December 31, 2025. Awards of 4,651, 7,808, and 29,502 units became eligible to vest based on that performance, but still require continued service through the third anniversary of each original grant date.
What does each Halozyme (HALO) restricted or performance stock unit represent?
Each restricted or performance stock unit represents a contingent right to receive one share of Halozyme common stock. Actual receipt depends on meeting specified vesting conditions, including performance results for the period ending December 31, 2025 and ongoing employment through future anniversary dates.