ImmunityBio director granted options for 146,020 shares
ImmunityBio, Inc. director reported receiving a new stock option grant for 146,020 shares of common stock at an exercise price of $2.36 per share, expiring on December 12, 2035.
Rhea-AI Filing Summary
ImmunityBio, Inc. director reported receiving a new stock option grant for 146,020 shares of common stock at an exercise price of $2.36 per share, expiring on December 12, 2035.
The award was granted under the 2025 Equity Incentive Plan and vests in three annual installments, with 48,673 options vesting on December 12, 2026, 48,673 on December 12, 2027 and 48,674 on December 12, 2028, as long as the director continues as a service provider.
Any unvested options will fully vest immediately before a Change in Control, as defined in the 2025 Equity Incentive Plan, if the director remains a service provider through that date.
Positive
- None.
Negative
- None.
Insider Trade Summary
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Grant/Award | Stock Option (right to buy) | 146,020 | $0.00 | $0.00 |
Footnotes (1)
- F1. Subject to the reporting person's continuing to be a Service Provider (as defined in the 2025 Equity Incentive Plan) through each applicable vesting date, 48,673 of the shares subject to the award will vest on December 12, 2026, 48,673 of the shares subject to the award will vest on December 12, 2027 and 48,674 of the shares subject to the award will vest on December 12, 2028, such that the award will be fully vested on December 12, 2028; provided that, notwithstanding the foregoing, any unvested shares subject to the award will fully vest immediately prior to a Change in Control (as defined in the 2025 Equity Incentive Plan), subject to the reporting person continuing to be a Service Provider through the date of such Change in Control.
FAQ
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What insider transaction did ImmunityBio (IBRX) report in this Form 4?
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How do the ImmunityBio (IBRX) stock options granted to the director vest?
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