Harrow (NASDAQ: HROW) CCO holds 30,000 stock options at $39
Filing Impact
Filing Sentiment
Form Type
3
Rhea-AI Filing Summary
Harrow, Inc. filed a Form 3 for Chief Commercial Officer Patrick William Sullivan, reporting a stock option over 30,000 shares of common stock. The option has an exercise price of $39 per share and expires on September 1, 2035.
According to the vesting schedule, 25% of the option shares vest on the one-year anniversary of the grant date. The remaining shares vest in 12 equal quarterly installments over the following three years, becoming fully vested and exercisable on September 1, 2029. The option is held directly.
Positive
- None.
Negative
- None.
Insider Trade Summary
1 transaction reported
Mixed
1 txn
Insider
Sullivan Patrick William
Role
CHIEF COMMERCIAL OFFICER
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| holding | Stock Option (Right to Buy) | -- | -- | -- |
Holdings After Transaction:
Stock Option (Right to Buy) — 30,000 shares (Direct)
Footnotes (1)
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FAQ
What does the Harrow (HROW) Form 3 filing disclose about Patrick Sullivan?
The Form 3 shows that Harrow’s Chief Commercial Officer, Patrick William Sullivan, beneficially owns a stock option over 30,000 shares. The option is held directly, has a $39 exercise price, and provides potential future equity exposure to Harrow’s common stock.
What is the exercise price and expiration date of Patrick Sullivan’s Harrow (HROW) option?
The stock option has a $39 exercise price and expires on September 1, 2035. These terms define the price at which shares can be purchased and the final date by which the option must be exercised, if vested, before it terminates.
How does the vesting schedule work for Patrick Sullivan’s Harrow (HROW) stock option?
The option vests 25% on the first anniversary of the grant date, then quarterly thereafter. The remaining 75% vests in 12 equal quarterly installments over the next three years, so the option is fully vested and exercisable on September 1, 2029.
Is Patrick Sullivan’s Harrow (HROW) stock option owned directly or indirectly?
The Form 3 reports Patrick Sullivan’s stock option as directly owned, indicated with an ownership code of “D.” No indirect ownership entity or special nature of indirect beneficial ownership is described, so the filing attributes the option directly to him.