ImmuCell (ICCC) grants director 11,933 stock options at $7.60
Filing Impact
Filing Sentiment
Form Type
4
Rhea-AI Filing Summary
ImmuCell Corp director David Scott Tomsche received a grant of stock options as part of his compensation. He was awarded 11,933 non-qualified stock options to buy ImmuCell common stock at an exercise price of $7.60 per share, expiring on April 15, 2036.
The options vest over time: 3,977 become exercisable on April 15, 2027, another 3,977 on April 15, 2028, and 3,979 on April 15, 2029. This is a compensation-related award, not an open-market purchase or sale of shares.
Positive
- None.
Negative
- None.
Insider Trade Summary
1 transaction reported
Mixed
1 txn
Insider
Tomsche David Scott
Role
Director
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Grant/Award | Non Qualified Stock Options (Right to buy) | 11,933 | $0.00 | -- |
Holdings After Transaction:
Non Qualified Stock Options (Right to buy) — 11,933 shares (Direct)
Footnotes (1)
- [object Object]
Key Figures
Options granted: 11,933 options
Exercise price: $7.60 per share
Expiration date: April 15, 2036
+4 more
7 metrics
Options granted
11,933 options
Non-qualified stock options awarded to director
Exercise price
$7.60 per share
Conversion or exercise price of granted options
Expiration date
April 15, 2036
Options expire on this date
Post-transaction derivative holdings
11,933 options
Total options held from this grant after transaction
First vesting tranche
3,977 options
Become exercisable on April 15, 2027
Second vesting tranche
3,977 options
Become exercisable on April 15, 2028
Third vesting tranche
3,979 options
Become exercisable on April 15, 2029
Key Terms
Non Qualified Stock Options, exercise price, expiration date, vests, +1 more
5 terms
Non Qualified Stock Options financial
"security_title: "Non Qualified Stock Options (Right to buy)""
exercise price financial
"conversion_or_exercise_price: "7.6000""
The exercise price is the fixed amount at which you can buy or sell an asset, like a stock, when using an options contract. It matters because it helps determine whether exercising the option will be profitable or not, depending on the current market price. Think of it as the set price you agree on today to buy or sell later.
expiration date financial
"expiration_date: "2036-04-15T00:00:00.000Z""
The expiration date is the deadline after which a financial contract, such as an option or a futures agreement, is no longer valid or can be exercised. It matters to investors because it determines the timeframe during which they can take action or benefit from the contract, similar to how a coupon or a food item has a limited period of usefulness. Once the expiration date passes, the contract loses its value or ability to be used.
vests financial
"The stock option vests as follows: 3,977 shares becoming exercisable..."
grant, award, or other acquisition financial
"transaction_code_description: "Grant, award, or other acquisition""
FAQ
What did ImmuCell (ICCC) director David Scott Tomsche report in this Form 4?
He reported receiving 11,933 non-qualified stock options as a compensation award. These options allow him to buy ImmuCell common stock at a fixed $7.60 exercise price, subject to a multi-year vesting schedule and an expiration date in 2036.
Is the ImmuCell (ICCC) Form 4 transaction a stock purchase or sale?
The filing reports an option grant, not a market purchase or sale. Tomsche received 11,933 non-qualified stock options as a grant, with no cash paid and no shares traded in the market at the time of this Form 4 transaction.
What are the key terms of David Scott Tomsche’s ImmuCell (ICCC) stock options?
The grant covers 11,933 non-qualified stock options with a $7.60 exercise price and an expiration on April 15, 2036. The options relate to ImmuCell common stock and become exercisable only as they vest over the specified future dates.
How do the ImmuCell (ICCC) options granted to David Scott Tomsche vest over time?
The options vest in three tranches. 3,977 options become exercisable on April 15, 2027, another 3,977 on April 15, 2028, and the remaining 3,979 on April 15, 2029. He can exercise only the vested portion after each vesting date.
What is David Scott Tomsche’s position in ImmuCell (ICCC) after this Form 4 grant?
Following the transaction, he holds 11,933 stock options from this grant. These options are a right to buy ImmuCell common shares at $7.60, with actual share ownership arising only if and when he exercises vested options in the future.