[Form 4] IMMUCELL CORP /DE/ Insider Trading Activity
Filing Impact
Filing Sentiment
Form Type
4
Rhea-AI Filing Summary
ImmuCell Corporation director Kathy V. Turner received a grant of 17,899 non-qualified stock options. These options give her the right to buy an equal number of ImmuCell common shares at an exercise price of $7.60 per share and represent a compensation award rather than an open-market purchase.
The options vest over three years, with 5,966 options becoming exercisable on each of April 15, 2027 and April 15, 2028, and 5,967 options vesting on April 15, 2029. All of the options expire on April 15, 2036 if they are not exercised.
Positive
- None.
Negative
- None.
Insider Trade Summary
1 transaction reported
Mixed
1 txn
Insider
Turner Kathy V
Role
Director
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Grant/Award | Non Qualified Stock Options (Right to buy) | 17,899 | $0.00 | -- |
Holdings After Transaction:
Non Qualified Stock Options (Right to buy) — 17,899 shares (Direct)
Footnotes (1)
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FAQ
What did ImmuCell (ICCC) disclose about Kathy V. Turner in this Form 4?
ImmuCell disclosed that director Kathy V. Turner received a grant of 17,899 non-qualified stock options. These options are compensation awards, giving her the right to buy ImmuCell common stock at a fixed exercise price according to a multi-year vesting schedule.
How many ImmuCell (ICCC) stock options were granted to Kathy V. Turner?
Kathy V. Turner was granted 17,899 non-qualified stock options. Each option represents the right to buy one share of ImmuCell common stock, subject to vesting conditions and an exercise price specified in the grant, as detailed in the Form 4 filing.
What is the exercise price of Kathy V. Turner’s ImmuCell (ICCC) stock options?
The stock options granted to Kathy V. Turner have an exercise price of $7.60 per share. This means she can purchase ImmuCell common stock at $7.60 once the options vest and before they expire, regardless of the market price at that future time.
How do Kathy V. Turner’s ImmuCell (ICCC) stock options vest over time?
The options vest in three annual tranches: 5,966 options become exercisable on April 15, 2027, another 5,966 on April 15, 2028, and 5,967 on April 15, 2029. Vesting must occur before she can exercise and purchase underlying common shares.
When do Kathy V. Turner’s ImmuCell (ICCC) stock options expire?
All 17,899 stock options granted to Kathy V. Turner expire on April 15, 2036. She must exercise any vested options before that expiration date; otherwise, the right to purchase ImmuCell common shares under this grant will lapse completely.
Are Kathy V. Turner’s ImmuCell (ICCC) option grants open-market purchases?
No. The Form 4 describes the transaction as a grant or award acquisition of stock options. This means the company awarded these options as compensation, rather than Turner buying shares or options directly on the open market from other investors.