Immatics CMO Cedrik Britten files Form 3 holdings
Rhea-AI Filing Summary
Immatics N.V. Chief Medical Officer Cedrik Michael Britten has filed an initial Form 3 detailing his equity holdings in the company. The filing lists multiple stock options to buy Ordinary Shares at exercise prices between $8.0600 and $11.0000, with expirations ranging from 2030-06-01 to 2036-01-07. Individual grants include, for example, options over 255,000 underlying Ordinary Shares at an exercise price of $10.0000 expiring on 2030-06-30, and options over 200,000 underlying Ordinary Shares at an exercise price of $9.3200 expiring on 2036-01-07. Footnotes describe vesting schedules, including options that are fully vested and others that vest over four-year periods. The filing also reports 50,000 restricted stock units, each convertible into one Ordinary Share, and 250 Ordinary Shares held directly. This Form 3 records existing positions and does not show any new purchases or sales.
Positive
- None.
Negative
- None.
Insider Trade Summary
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| holding | Stock Option (Right to Buy) | -- | -- | -- |
| holding | Stock Option (Right to Buy) | -- | -- | -- |
| holding | Stock Option (Right to Buy) | -- | -- | -- |
| holding | Stock Option (Right to Buy) | -- | -- | -- |
| holding | Stock Option (Right to Buy) | -- | -- | -- |
| holding | Stock Option (Right to Buy) | -- | -- | -- |
| holding | Stock Option (Right to Buy) | -- | -- | -- |
| holding | Stock Option (Right to Buy) | -- | -- | -- |
| holding | Restricted Stock Units | -- | -- | -- |
| holding | Ordinary Shares | -- | -- | -- |
Footnotes (7)
- F1. These options to purchase ordinary shares of the Issuer ("Ordinary Shares," and each such option, an "Option") are fully vested.
- F2. These Options are eligible to be earned based on the achievement of specified market capitalization performance hurdles and service-vesting conditions. The service-vesting conditions are satisfied as to 25% of the Options on the first anniversary of the grant date, June 30, 2020, and 6.25% of the Options on each quarterly anniversary of such date over the following three years.
- F3. These Options vest 25% on the first anniversary of the grant date, December 13, 2022, then in 12 equal quarterly installments over the following three years.
- F4. These Options vest 25% on the first anniversary of the grant date, December 5, 2023, then in 12 equal quarterly installments over the following three years.
- F5. These Options vest 25% on the first anniversary of the grant date, December 3, 2024, then in 12 equal quarterly installments over the following three years.
- F6. These Options vest 25% on the first anniversary of the grant date, January 8, 2026, then in 12 equal quarterly installments over the following three years.
- F7. Each restricted stock unit ("RSU") represents a contingent right to receive one Ordinary Share. These RSUs vest in four equal annual installments on each anniversary of the grant date, January 8, 2026.
FAQ
AI-generated questions and answers. How Rhea-AI works. Not financial advice.
What does Cedrik Michael Britten report in his Immatics (IMTX) Form 3?
Are there any buy or sell transactions in the Immatics (IMTX) Form 3 for Cedrik Britten?
What stock option awards does Cedrik Britten hold in Immatics (IMTX)?
How do Cedrik Britten’s Immatics (IMTX) options vest according to the Form 3 footnotes?
What restricted stock units does Cedrik Britten hold in Immatics (IMTX)?
AI-generated analysis. How Rhea-AI works. Not financial advice.