Heartflow (HTFL) awards director Julie Cullivan 16,075 stock options
Filing Impact
Filing Sentiment
Form Type
4
Rhea-AI Filing Summary
Heartflow, Inc. reported that director Julie A. Cullivan received a grant of stock options covering 16,075 shares of common stock. The options have an exercise price of $32.05 per share and expire on June 16, 2036.
According to the terms, the option will vest in full on the earlier of the day prior to Heartflow's annual meeting of shareholders in 2027 or the first anniversary of the grant date, subject to her continued service through that date. This filing reflects a compensation-related award, with no share sales reported.
Positive
- None.
Negative
- None.
Insider Trade Summary
1 transaction reported
Mixed
1 txn
Insider
Cullivan Julie A
Role
null
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Grant/Award | Stock Option | 16,075 | $32.05 | $515K |
Holdings After Transaction:
Stock Option — 16,075 shares (Direct, null)
Footnotes (1)
- [object Object]
Key Figures
Option grant size: 16,075 shares
Exercise price: $32.05 per share
Expiration date: June 16, 2036
+1 more
4 metrics
Option grant size
16,075 shares
Stock option covering underlying common stock
Exercise price
$32.05 per share
Strike price of stock option grant
Expiration date
June 16, 2036
Option term end date
Shares following transaction
16,075 derivative units
Total stock options held after grant
Key Terms
Stock Option, grant/award acquisition, expiration date, annual meeting of shareholders
4 terms
Stock Option financial
"security_title: "Stock Option""
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.
grant/award acquisition financial
"transaction_action: "grant/award acquisition""
expiration date financial
"expiration_date: "2036-06-16T00:00:00.000Z""
The expiration date is the deadline after which a financial contract, such as an option or a futures agreement, is no longer valid or can be exercised.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.
FAQ
What insider transaction did Heartflow (HTFL) report for Julie A. Cullivan?
Heartflow reported that director Julie A. Cullivan received a grant of stock options for 16,075 underlying common shares. The options were awarded as compensation, with no open-market share purchases or sales disclosed in this Form 4 filing.
What is the exercise price of Julie Cullivan’s Heartflow (HTFL) stock options?
The exercise price of Julie Cullivan’s Heartflow stock options is $32.05 per share. This means she can buy up to 16,075 common shares at $32.05 each once the options vest, regardless of Heartflow’s future market price.
When do Julie Cullivan’s Heartflow (HTFL) stock options vest?
The stock options vest in full on the earlier of the day before Heartflow’s 2027 annual shareholder meeting or the first anniversary of the grant date. Vesting is contingent on Julie Cullivan’s continued service through that vesting date.
When do Julie Cullivan’s Heartflow (HTFL) stock options expire?
Julie Cullivan’s Heartflow stock options expire on June 16, 2036. After that expiration date, any unexercised portion of the 16,075-share option grant can no longer be used to purchase Heartflow common stock at the stated exercise price.
What type of security did Julie Cullivan receive from Heartflow (HTFL)?
She received a stock option, which is a derivative security giving the right to buy common shares at a fixed price. The grant covers 16,075 underlying Heartflow common shares at an exercise price of $32.05 per share, expiring in 2036.