Heartflow (HTFL) director granted 16,075 stock options at $32.05
Filing Impact
Filing Sentiment
Form Type
4
Rhea-AI Filing Summary
Heartflow, Inc. director Jeffrey C. Lightcap 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 grant terms, the option will vest in full on the earlier of the day prior to Heartflow’s annual meeting of shareholders in 2027 and the first anniversary of the grant date, subject to Mr. Lightcap’s continued service through that date. Following this grant, he holds options for 16,075 underlying shares directly.
Positive
- None.
Negative
- None.
Insider Trade Summary
1 transaction reported
Mixed
1 txn
Insider
Lightcap Jeffrey C
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
+2 more
5 metrics
Option grant size
16,075 shares
Stock option covering Heartflow common stock
Exercise price
$32.05 per share
Stock option exercise price
Expiration date
June 16, 2036
Option expiry
Underlying shares
16,075 shares
Common stock underlying the option
Post-grant derivative holdings
16,075 shares
Total shares underlying options held directly after grant
Key Terms
Stock Option, Common Stock, grant/award acquisition, annual meeting of shareholders, +1 more
5 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.
Common Stock financial
"underlying_security_title: "Common Stock""
Common stock represents ownership shares in a company, giving investors a stake in its success and a say in important decisions through voting rights. It is the most common type of stock traded on markets and can provide income through dividends, as well as potential for value growth. For investors, holding common stock means sharing in the company’s profits and risks.
grant/award acquisition financial
"transaction_action: "grant/award acquisition""
exercise price financial
"conversion_or_exercise_price: "32.0500""
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.
FAQ
What insider transaction did Heartflow (HTFL) report for Jeffrey C. Lightcap?
Heartflow reported that director Jeffrey C. Lightcap received a stock option grant for 16,075 shares of common stock. The option is a compensation-related award, not an open-market trade, and gives him the right to buy shares at a fixed exercise price.
What is the exercise price and expiration date of Jeffrey Lightcap’s Heartflow options?
The stock options have an exercise price of $32.05 per share and expire on June 16, 2036. This means Mr. Lightcap can choose to buy the underlying shares at $32.05 any time after vesting and before the expiration date.
When do Jeffrey Lightcap’s Heartflow stock options vest?
The options will vest in full on the earlier of the day before Heartflow’s 2027 annual shareholder meeting and the first anniversary of the grant date. Vesting is conditioned on Mr. Lightcap’s continued service with the company through that vesting date.
How many Heartflow derivative securities does Jeffrey Lightcap hold after this grant?
After this grant, Mr. Lightcap holds stock options covering 16,075 shares of Heartflow common stock directly. This reflects his derivative position from this single reported grant and shows the number of underlying shares tied to the options.