Director at Humacyte (NASDAQ: HUMA) receives 80,000 stock options grant
Filing Impact
Filing Sentiment
Form Type
4
Rhea-AI Filing Summary
Humacyte, Inc. director Susan Richards Windham-Bannister received a grant of stock options covering 80,000 shares of common stock. The options carry an exercise price of 1.08 per share and expire on June 11, 2036.
According to the vesting terms, 25% of the option becomes exercisable on June 11, 2027. The remaining portion vests in equal monthly installments, with 1/48 of the option becoming exercisable on the 11th of each month through June 11, 2030. Following this grant, she holds 80,000 stock options directly.
Positive
- None.
Negative
- None.
Insider Trade Summary
1 transaction reported
Mixed
1 txn
Insider
Windham-Bannister Susan Richards
Role
null
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Grant/Award | Stock Options (right to buy) | 80,000 | $0.00 | -- |
Holdings After Transaction:
Stock Options (right to buy) — 80,000 shares (Direct, null)
Footnotes (1)
- [object Object]
Key Figures
Options granted: 80,000 options
Exercise price: 1.08 per share
Expiration date: June 11, 2036
+3 more
6 metrics
Options granted
80,000 options
Grant of stock options to director
Exercise price
1.08 per share
Conversion or exercise price of options
Expiration date
June 11, 2036
Option term end date
Underlying shares
80,000 shares
Common stock underlying the options
Initial vesting
25% on June 11, 2027
First vesting tranche of options
Subsequent vesting schedule
1/48 monthly to June 11, 2030
Remaining vesting pattern after initial tranche
Key Terms
Stock Options (right to buy), conversion or exercise price, expiration date, Grant, award, or other acquisition
4 terms
Stock Options (right to buy) financial
"Stock Options (right to buy)"
conversion or exercise price financial
"conversion_or_exercise_price": "1.0800""
expiration date financial
"expiration_date": "2036-06-11T00:00:00.000Z""
The expiration date is the deadline after which a financial contract, such as an option or a futures agreement, is no longer valid or can be exercised.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.
Grant, award, or other acquisition financial
"transaction_code_description": "Grant, award, or other acquisition""
FAQ
What did Humacyte (HUMA) disclose in this Form 4 filing?
Humacyte reported that director Susan Richards Windham-Bannister received a grant of stock options for 80,000 shares of common stock. These options were awarded as a compensation-related acquisition, not an open-market purchase or sale of existing shares.
How many Humacyte (HUMA) stock options were granted to the director?
The director was granted stock options covering 80,000 shares of Humacyte common stock. This entire 80,000-option position is shown as held directly following the transaction, indicating it reflects her current option holdings from this specific grant.
What is the exercise price and expiration for the Humacyte (HUMA) options?
The stock options have an exercise price of 1.08 per share and expire on June 11, 2036. This means the director can purchase Humacyte common stock at 1.08 per share any time after vesting and before the June 11, 2036 expiration date.
When do the newly granted Humacyte (HUMA) options start vesting?
The first 25% of the option grant becomes exercisable on June 11, 2027. After that date, 1/48 of the total option grant vests on the 11th of each month, continuing this monthly schedule until full vesting on June 11, 2030.
Are the Humacyte (HUMA) option grants an open-market transaction?
No, the filing describes the transaction as a grant or award acquisition of stock options. This is a compensation-related award from Humacyte, not an open-market purchase or sale of common stock on a securities exchange by the director.
How is ownership of the Humacyte (HUMA) options recorded for the director?
The Form 4 lists the 80,000 stock options as directly owned by the director. The ownership code is shown as "D" for direct ownership, with no footnote indicating that the options are held through a separate entity or trust.