Immunovant director receives new stock awards
Immunovant, Inc. director Atul Pande received new equity awards as part of his compensation.
Rhea-AI Filing Summary
Immunovant, Inc. director Atul Pande received new equity awards as part of his compensation. He was granted stock options for 7,061 shares of common stock at an exercise price of $24.61 per share, expiring on April 7, 2036. He also received 13,880 shares of common stock in the form of restricted stock units. These RSUs and the option shares will vest on April 1, 2027, if he continues service with the company through that date. Following these awards, he holds 116,731 common shares directly and 20,000 common shares indirectly through a trust.
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Insider Trade Summary
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Grant/Award | Stock Option (right to buy) | 7,061 | $0.00 | $0.00 |
| Grant/Award | Common Stock | 13,880 | $0.00 | $0.00 |
| holding | Common Stock | -- | -- | -- |
Footnotes (2)
- F1. These restricted stock units ("RSUs") were granted pursuant to the Issuer's 2019 Equity Incentive Plan (the "Plan"). Each RSU represents a contingent right to receive one share of common stock upon the vesting of the unit. The RSUs will vest in full on April 1, 2027, subject to the Reporting Person's continuous service to the Issuer as of such date. The Reporting Person may elect to defer settlement of the RSUs upon vesting, subject to the requirements of Rule 409A.
- F2. These options were granted pursuant to the Plan. The shares underlying the options will vest on April 1, 2027, subject to the Reporting Person's continuous service to the Issuer as of such date.
Key Figures
Key Terms
restricted stock units ("RSUs") financial
2019 Equity Incentive Plan financial
Rule 409A regulatory
Stock Option (right to buy) financial
FAQ
AI-generated questions and answers. How Rhea-AI works. Not financial advice.
What insider transactions did Immunovant (IMVT) director Atul Pande report?
How many Immunovant (IMVT) stock options were granted to Atul Pande?
What restricted stock unit (RSU) award did Atul Pande receive from Immunovant (IMVT)?
When do Atul Pande’s new Immunovant (IMVT) equity awards vest?
Were these Immunovant (IMVT) insider transactions open-market purchases or sales?
AI-generated analysis. How Rhea-AI works. Not financial advice.