ImmunityBio (IBRX) director Christobel Selecky awarded 65,600 stock options at $7.25
Filing Impact
Filing Sentiment
Form Type
4
Rhea-AI Filing Summary
ImmunityBio, Inc. director Christobel Selecky received a grant of stock options covering 65,600 shares of common stock. The options have an exercise price of $7.25 per share and expire on June 9, 2036.
Subject to Selecky continuing as a “Service Provider” under the company’s 2025 Equity Incentive Plan, 100% of the options will vest on the earlier of June 9, 2027 or the date immediately preceding the next annual meeting of stockholders. Following this grant, Selecky holds 65,600 stock options directly.
Positive
- None.
Negative
- None.
Insider Trade Summary
1 transaction reported
Mixed
1 txn
Insider
Selecky Christobel
Role
null
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Grant/Award | Stock Option (right to buy) | 65,600 | $0.00 | -- |
Holdings After Transaction:
Stock Option (right to buy) — 65,600 shares (Direct, null)
Footnotes (1)
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Key Figures
Options granted: 65,600 options
Exercise price: $7.25 per share
Underlying shares: 65,600 shares
+3 more
6 metrics
Options granted
65,600 options
Stock Option (right to buy) grant to director
Exercise price
$7.25 per share
Conversion or exercise price of stock options
Underlying shares
65,600 shares
Common Stock underlying the options
Expiration date
June 9, 2036
Option term end date
Post-grant option holdings
65,600 options
Total options held following transaction
Vesting trigger date
June 9, 2027
Earlier of this date or immediately before next annual meeting
Key Terms
Stock Option (right to buy), 2025 Equity Incentive Plan, Service Provider, vesting
4 terms
Stock Option (right to buy) financial
"security_title: "Stock Option (right to buy)""
2025 Equity Incentive Plan financial
"defined in the Issuer's 2025 Equity Incentive Plan"
Service Provider financial
"continuing to be a Service Provider (as defined in the Issuer's 2025 Equity Incentive Plan)"
vesting financial
"100% of the shares subject to the award will vest on the earlier"
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 ImmunityBio (IBRX) director Christobel Selecky report on this Form 4?
Christobel Selecky reported receiving a grant of stock options for 65,600 shares of ImmunityBio common stock. These options are a compensation award, not an open-market purchase, and were granted at an exercise price of $7.25 per share with long-term expiration.
What are the key terms of Christobel Selecky’s ImmunityBio (IBRX) stock options?
The grant covers 65,600 underlying shares at an exercise price of $7.25 per share and expires on June 9, 2036. All options vest at once on a future date, subject to continued service with the company as defined in its 2025 Equity Incentive Plan.
When will Christobel Selecky’s ImmunityBio (IBRX) stock options vest?
All 65,600 options will vest 100% on the earlier of June 9, 2027, or the date immediately preceding ImmunityBio’s next annual meeting of stockholders. Vesting depends on Selecky’s continued status as a Service Provider under the company’s 2025 Equity Incentive Plan.
How many ImmunityBio (IBRX) stock options does Christobel Selecky hold after this grant?
After this grant, Selecky holds 65,600 stock options directly, all tied to ImmunityBio common stock. These options were entirely acquired in this single transaction and remain subject to future vesting and potential exercise at the stated $7.25 strike price.