Iambic Therapeutics CFO reports 190,160 common shares
Options covering 190,161 shares have a $7.31 exercise price and expire January 8, 2035; options covering 9,508 shares have an $8.73 exercise price and expire March 3, 2036.
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Rhea-AI Filing Summary
Iambic Therapeutics, Inc. CFO & Chief Corp Dev Ofcr Michael Secora reported direct ownership of 190,160 common shares, including 23,770 shares issued under an early-exercise provision that vest in full on January 1, 2027. He also reported 61,342 Series B-3 convertible preferred shares, which automatically convert one-for-one into common stock immediately before completion of the company's initial public offering, and options covering 190,161 shares at $7.31 and 9,508 shares at $8.73.
Insider Trade Summary
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| holding | Series B-3 Convertible Preferred Stock F2 | -- | -- | -- |
| holding | Employee Stock Option (right to buy) F3 | -- | -- | -- |
| holding | Employee Stock Option (right to buy) F4 | -- | -- | -- |
| holding | Common Stock F1 | -- | -- | -- |
Footnotes (4)
- F1. Of the reported shares, 23,770 were issued pursuant to an early exercise provision and which vest in full on January 1, 2027.
- F2. Each share of Series B-3 Convertible Preferred Stock shall automatically convert into Common Stock on a one-to-one basis immediately prior to the completion of the Issuer's initial public offering of Common Stock and has no expiration date.
- F3. An option to purchase 380,322 shares was granted on January 8, 2025 and was exercised in part prior to the date on which the reporting person became subject to Section 16. The option is subject to an early exercise provision and is immediately exercisable. The shares subject to the option vest in 48 equal monthly installments beginning on February 1, 2025.
- F4. The shares subject to the option vest in 48 equal monthly installments beginning on March 23, 2026.
Key Figures
Key Terms
early exercise provision technical
automatically convert technical
48 equal monthly installments technical
initial public offering financial
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