IN8bio (NASDAQ: INAB) EVP and CSO awarded 54,000 stock options
Filing Impact
Filing Sentiment
Form Type
4
Rhea-AI Filing Summary
IN8BIO, INC. executive Lawrence Lamb, EVP and CSO, received an employee stock option grant covering 54,000 shares of common stock. The option has an exercise price of $1.58 per share and expires on May 9, 2036. After this grant, Lamb holds options for 54,000 shares directly.
According to the vesting terms, 25% of the option shares vest on each of November 9, 2026, May 9, 2027, November 9, 2027 and May 9, 2028, subject to Lamb continuing to provide service through each vesting date.
Positive
- None.
Negative
- None.
Insider Trade Summary
1 transaction reported
Mixed
1 txn
Insider
Lamb Lawrence
Role
EVP and CSO
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Grant/Award | Employee Stock Option (right to buy) | 54,000 | $0.00 | -- |
Holdings After Transaction:
Employee Stock Option (right to buy) — 54,000 shares (Direct, null)
Footnotes (1)
- [object Object]
Key Figures
Option grant size: 54,000 shares
Exercise price: $1.58 per share
Shares underlying option: 54,000 shares
+3 more
6 metrics
Option grant size
54,000 shares
Employee stock option covering common stock
Exercise price
$1.58 per share
Stock option exercise price
Shares underlying option
54,000 shares
Underlying common stock tied to the option
Expiration date
May 9, 2036
Option expiration
First vesting date
November 9, 2026
25% of option vests
Final vesting date
May 9, 2028
Remaining 25% of option vests
Key Terms
Employee Stock Option (right to buy), exercise price, expiration date, vesting
4 terms
Employee Stock Option (right to buy) financial
"security_title: Employee 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.
expiration date financial
"expiration_date: 2036-05-09T00:00:00.000Z"
The expiration date is the deadline after which a financial contract, such as an option or a futures agreement, is no longer valid or can be exercised.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
"shares subject to the option shall vest on each of November 9, 2026, May 9, 2027, November 9, 2027 and May 9, 2028"
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 IN8bio (INAB) executive Lawrence Lamb report in this Form 4?
Lawrence Lamb, EVP and CSO of IN8bio, reported receiving an employee stock option grant for 54,000 shares of common stock at a $1.58 exercise price, expiring May 9, 2036, as part of his compensation package.
How many IN8bio (INAB) stock options were granted to Lawrence Lamb?
Lawrence Lamb was granted options covering 54,000 shares of IN8bio common stock. These options are held directly and give him the right to buy shares at a fixed $1.58 exercise price before the stated expiration date in 2036.
What is the exercise price of Lawrence Lamb’s IN8bio (INAB) stock options?
The stock options granted to Lawrence Lamb have an exercise price of $1.58 per share. This means he can purchase IN8bio common stock at $1.58 per share once the options vest, any time before they expire on May 9, 2036.
When do Lawrence Lamb’s IN8bio (INAB) stock options vest?
The options vest in four equal 25% installments on November 9, 2026, May 9, 2027, November 9, 2027 and May 9, 2028. Vesting on each date depends on Lamb continuing to provide service to IN8bio through that vesting date.
Is Lawrence Lamb’s IN8bio (INAB) Form 4 transaction a market purchase or sale?
The Form 4 reports a grant of employee stock options, not a market trade. The transaction is coded as an acquisition (grant or award), giving Lamb the right to buy 54,000 shares at $1.58, rather than reflecting open-market buying or selling.
What is the expiration date of Lawrence Lamb’s IN8bio (INAB) stock options?
The employee stock options granted to Lawrence Lamb expire on May 9, 2036. He may exercise vested portions of the 54,000-share option at the $1.58 exercise price any time up to that expiration date, subject to applicable plan terms.