Immunocore (IMCR) director awarded 27,492 share options
Filing Impact
Filing Sentiment
Form Type
4
Rhea-AI Filing Summary
Immunocore Holdings plc director Roy Steven Herbst received a grant of 27,492 share options to buy ordinary shares. The options have an exercise price of $28.52 per share and expire on May 26, 2036, according to the Form 4.
The award vests at the earlier of May 27, 2027 or the day immediately before Immunocore’s next annual general meeting, provided he remains in continuous service through the vesting date. After this grant, the filing shows 27,492 derivative securities held directly.
Positive
- None.
Negative
- None.
Insider Trade Summary
1 transaction reported
Mixed
1 txn
Insider
Herbst Roy Steven
Role
null
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Grant/Award | Share Option (Right to Buy) | 27,492 | $0.00 | -- |
Holdings After Transaction:
Share Option (Right to Buy) — 27,492 shares (Direct, null)
Footnotes (1)
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Key Figures
Options granted: 27,492 options
Exercise price: $28.52 per share
Underlying shares: 27,492 ordinary shares
+2 more
5 metrics
Options granted
27,492 options
Share Option (Right to Buy) granted to director
Exercise price
$28.52 per share
Conversion or exercise price of options
Underlying shares
27,492 ordinary shares
Shares subject to the option award
Expiration date
May 26, 2036
Option expiration
Post-transaction derivatives
27,492 securities
Total derivative securities following transaction
Key Terms
Share Option (Right to Buy), exercise price, expiration date, vesting
4 terms
exercise price financial
"conversion_or_exercise_price of $28.5200 per share for the options"
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
"options have an expiration_date of 2036-05-26T00:00:00.000Z"
The expiration date is the deadline after which a financial contract, such as an option or a futures agreement, is no longer valid or can be exercised.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.
vesting financial
"the shares subject to the option award shall vest at the earlier of certain dates"
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 Immunocore (IMCR) director Roy Steven Herbst report on this Form 4?
Roy Steven Herbst reported receiving 27,492 share options in Immunocore Holdings plc. These options give him the right to buy 27,492 ordinary shares at a fixed exercise price of $28.52, subject to vesting and expiration terms set out in the award.
How many Immunocore derivative securities does Roy Steven Herbst hold after this transaction?
After this grant, the Form 4 shows Roy Steven Herbst holding 27,492 derivative securities. These represent share options, each linked to one underlying ordinary share of Immunocore, and reflect his direct holdings following the reported award transaction.
Is Roy Steven Herbst’s Immunocore Form 4 transaction an open-market stock purchase?
No, the Form 4 reports a grant of share options classified as a derivative award, not an open-market purchase of shares. The transaction code "A" and description indicate a grant or award acquisition rather than buying shares on the open market.