Director Dan Wolterman receives 52,600 Hyperfine (HYPR) stock options at $1.49
Filing Impact
Filing Sentiment
Form Type
4
Rhea-AI Filing Summary
Hyperfine, Inc. director Dan Wolterman received a grant of stock options covering 52,600 shares of Class A common stock. The options have an exercise price of $1.49 per share and expire on June 3, 2036. These options vest at the issuer's next regular annual stockholders meeting, subject to his continued service through that date.
Positive
- None.
Negative
- None.
Insider Trade Summary
1 transaction reported
Mixed
1 txn
Insider
Wolterman Dan
Role
null
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Grant/Award | Stock Options (right to buy) | 52,600 | $0.00 | -- |
Holdings After Transaction:
Stock Options (right to buy) — 52,600 shares (Direct, null)
Footnotes (1)
- [object Object]
Key Figures
Options granted: 52,600 options
Exercise price: $1.49 per share
Expiration date: June 3, 2036
+1 more
4 metrics
Options granted
52,600 options
Stock options for Class A common stock granted to director
Exercise price
$1.49 per share
Strike price for newly granted stock options
Expiration date
June 3, 2036
Option term end for granted stock options
Post-grant derivative holdings
52,600 options
Total stock options held after reported transaction
Key Terms
Stock Options (right to buy), exercise price, expiration date, vesting
4 terms
Stock Options (right to buy) financial
"security_title: "Stock Options (right to buy)""
exercise price financial
"conversion_or_exercise_price: "1.4900""
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.
expiration date financial
"expiration_date: "2036-06-03T00:00:00.000Z""
The expiration date is the deadline after which a financial contract, such as an option or a futures agreement, is no longer valid or can be exercised.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.
vesting financial
"shares underlying this option vest on the date of the Issuer's next regular annual stockholders meeting"
Vesting is the process by which you earn full ownership of something, like company stock or a retirement benefit, over time. It’s like earning the right to keep a gift piece by piece the longer you stay with a company, making sure employees stay committed before they receive all the benefits.
FAQ
What did Hyperfine (HYPR) director Dan Wolterman report on this Form 4?
Dan Wolterman reported receiving a grant of stock options for 52,600 shares of Hyperfine Class A common stock. These options were awarded at no cost and are documented as an acquisition of derivative securities on the Form 4.
What is the exercise price of Dan Wolterman’s new Hyperfine (HYPR) stock options?
The granted stock options have an exercise price of $1.49 per share. This means Wolterman can purchase Hyperfine Class A common stock at $1.49 per share once the options vest and before they expire, subject to the grant’s terms.
When do Dan Wolterman’s Hyperfine (HYPR) stock options vest?
The options vest on the date of Hyperfine’s next regular annual stockholders meeting. Vesting is conditioned on Wolterman’s continued service with the company through that meeting date, as described in the Form 4 footnote.
When do the newly granted Hyperfine (HYPR) stock options expire?
The stock options granted to Dan Wolterman expire on June 3, 2036. He may exercise them at $1.49 per share any time after vesting and before this expiration date, consistent with the award’s terms.
How many Hyperfine (HYPR) derivative securities does Dan Wolterman hold after this grant?
Following this grant, Wolterman holds 52,600 stock options as reported in the Form 4. This figure reflects his total options position from this filing, as there are no additional derivative holdings listed in the derivative summary.