IN8bio (INAB) director Jeremy Graff receives stock options for 22,000 shares
Filing Impact
Filing Sentiment
Form Type
4
Rhea-AI Filing Summary
IN8BIO, INC. director Jeremy R. Graff received a grant of stock options covering 22,000 shares of common stock. The options have an exercise price of $1.5800 per share and expire on May 9, 2036. One-twelfth of the options vest monthly starting June 9, 2026, or they become fully vested on the date of the company’s next annual stockholder meeting if he continues providing service.
Positive
- None.
Negative
- None.
Insider Trade Summary
1 transaction reported
Mixed
1 txn
Insider
Graff Jeremy R.
Role
null
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Grant/Award | Stock Option (right to buy) | 22,000 | $0.00 | -- |
Holdings After Transaction:
Stock Option (right to buy) — 22,000 shares (Direct, null)
Footnotes (1)
- [object Object]
Key Figures
Option grant size: 22,000 shares
Exercise price: $1.5800 per share
Shares underlying options: 22,000 shares
+2 more
5 metrics
Option grant size
22,000 shares
Stock options covering common stock granted to director
Exercise price
$1.5800 per share
Strike price for stock option grant
Shares underlying options
22,000 shares
Underlying IN8BIO common stock for the options
Expiration date
May 9, 2036
Option term end date
Vesting commencement
June 9, 2026
Start of monthly vesting in 12 installments
Key Terms
Stock Option (right to buy), exercise price, vesting, annual meeting of stockholders
4 terms
Stock Option (right to buy) financial
"security_title: "Stock Option (right to buy)""
exercise price financial
"conversion_or_exercise_price: "1.5800""
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.
vesting financial
"One twelfth (1/12th) of the shares subject to the option shall vest in equal monthly installments"
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.
annual meeting of stockholders financial
"fully vested on the date of the Company's next annual meeting of stockholders"
FAQ
What did IN8BIO (INAB) director Jeremy Graff report in this Form 4?
Jeremy R. Graff reported receiving a grant of stock options for 22,000 IN8BIO common shares. These options were awarded as compensation and give him the right to buy shares at a fixed exercise price if vesting and service conditions are met.
What is the exercise price of Jeremy Graff’s IN8BIO (INAB) stock options?
The options have an exercise price of $1.5800 per share. This means Graff can buy IN8BIO common stock at this fixed price for each vested option, regardless of the market price at the time of exercise.
When do Jeremy Graff’s IN8BIO (INAB) options start vesting and when do they fully vest?
One-twelfth of the options vest in equal monthly installments starting on June 9, 2026. However, they will in any case be fully vested on the date of IN8BIO’s next annual stockholder meeting if he continues providing service through that date.
When do Jeremy Graff’s IN8BIO (INAB) stock options expire?
The options expire on May 9, 2036. After this expiration date, any unexercised and vested options will no longer be exercisable, so potential value from the award depends on exercising before that deadline if conditions are satisfied.
Is Jeremy Graff’s Form 4 transaction a market purchase or sale of IN8BIO (INAB) stock?
The Form 4 reflects a grant of stock options, not a market purchase or sale of shares. It records a compensation-related acquisition of derivative securities that may later be exercised into common stock if vesting and service conditions are satisfied.