Director at ImmunityBio (NASDAQ: IBRX) awarded 65,600 options
Filing Impact
Filing Sentiment
Form Type
4
Rhea-AI Filing Summary
ImmunityBio director Michael D. Blaszyk 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.
According to the award terms, subject to his continuing to be a Service Provider under ImmunityBio’s 2025 Equity Incentive Plan, 100% of the shares subject to the option will vest on the earlier of June 9, 2027 or the date immediately before the next annual stockholder meeting.
Positive
- None.
Negative
- None.
Insider Trade Summary
1 transaction reported
Mixed
1 txn
Insider
BLASZYK MICHAEL D
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
Post-grant derivative holdings: 65,600 options
+3 more
6 metrics
Options granted
65,600 options
Stock Option (right to buy) grant to director
Exercise price
$7.25 per share
Strike price for the stock options
Post-grant derivative holdings
65,600 options
Total derivative securities following the transaction
Vesting date
June 9, 2027 or pre-annual meeting
Cliff vesting date, subject to continued service
Option expiration
June 9, 2036
Expiration date of the stock option award
Vesting percentage
100% of granted options
All shares vest at the single vesting date
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
"as defined in the Issuer's 2025 Equity Incentive Plan"
Service Provider financial
"Subject to the reporting person's continuing to be a Service Provider"
vesting financial
"100% of the shares subject to the award will vest"
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 insider transaction did ImmunityBio (IBRX) report for Michael D. Blaszyk?
ImmunityBio reported that director Michael D. Blaszyk received a grant of stock options for 65,600 shares of common stock. These options are part of his compensation and give him the right to buy shares at a fixed price in the future.
How many ImmunityBio (IBRX) stock options were granted and at what price?
Michael D. Blaszyk was granted stock options on 65,600 shares of ImmunityBio common stock, with an exercise price of $7.25 per share. This price is what he would pay per share if he chooses to exercise the options later.
When do Michael D. Blaszyk’s ImmunityBio (IBRX) options vest?
All 65,600 options vest in a single tranche on the earlier of June 9, 2027 or the date immediately before ImmunityBio’s next annual stockholder meeting. Vesting requires that he continue as a Service Provider under the 2025 Equity Incentive Plan.
What is the expiration date of the ImmunityBio (IBRX) options granted to Michael D. Blaszyk?
The stock options granted to Michael D. Blaszyk expire on June 9, 2036. After that date, any unexercised options become worthless, so the potential benefit must be realized before the expiration if the share price exceeds the $7.25 exercise price.
Is the ImmunityBio (IBRX) Form 4 transaction a market purchase or a compensation grant?
The Form 4 transaction reflects a compensation-related grant of stock options, not a market purchase. The options were awarded with a $7.25 exercise price and vesting conditions tied to continued service, under ImmunityBio’s 2025 Equity Incentive Plan.