INTELLINETICS director granted 5,000 stock options
INTELLINETICS, INC. director Stanley P. Jaworski Jr. received a grant of non-qualified stock options as part of his board compensation.
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Form Type
4
Rhea-AI Filing Summary
INTELLINETICS, INC. director Stanley P. Jaworski Jr. received a grant of non-qualified stock options as part of his board compensation. The award covers 5,000 options for common stock at an exercise price of $6.11 per share, granted in exchange for director services under the company’s 2023 Non-Employee Director Compensation Plan. Following this grant, he holds 15,500 derivative securities linked to the company’s common stock directly.
Insider Trade Summary
Grant/Award: 5,000 shares
Grant/Award
1 txn
Insider
JAWORSKI STANLEY P. JR
Role
Director
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Grant/Award | Non-Qualified Stock Option | 5,000 | $0.00 | $0.00 |
Holdings After Transaction:
Non-Qualified Stock Option — 15,500 contracts (Direct)
Footnotes (1)
- F1. Granted in exchange for director services to the Company, in accordance with the Company's 2023 Non-Employee Director Compensation Plan.
Key Figures
Options granted: 5,000 options
Exercise price: $6.11 per share
Total derivative holdings: 15,500 options
+2 more
5 metrics
Options granted
5,000 options
Non-qualified stock option grant for director services
Exercise price
$6.11 per share
Strike price of non-qualified stock options
Total derivative holdings
15,500 options
Derivative securities held after reported transaction
Expiration date
June 25, 2036
Option expiration for this grant
Underlying shares
5,000 shares
Common stock underlying the new options
Key Terms
Non-Qualified Stock Option, 2023 Non-Employee Director Compensation Plan, exercise price, derivative securities
4 terms
Non-Qualified Stock Option financial
"The award covers a Non-Qualified Stock Option relating to common stock."
A non-qualified stock option (NSO) is a contract that lets an employee or service provider buy company shares at a fixed price for a set period, like a voucher to purchase stock later at today’s price. It matters to investors because exercising NSOs creates ordinary income for the holder and can increase share count, affecting a company’s earnings and ownership mix; think of it as a future sale that can dilute existing shareholders and has immediate tax consequences for the recipient.
2023 Non-Employee Director Compensation Plan financial
"Granted in exchange for director services in accordance with the Company's 2023 Non-Employee Director Compensation Plan."
exercise price financial
"The options have an exercise price of $6.11 per share."
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.
derivative securities financial
"Following this grant, he holds 15,500 derivative securities linked to the company’s common stock."
Financial contracts whose value is tied to the price or performance of another asset, such as a stock, bond, commodity, index, or currency; examples include options, futures and swaps. They matter to investors because they let you protect against price swings, bet on future moves or gain larger exposure with less upfront cash—like using a lever or insurance policy on an investment—so they can amplify gains and losses and help manage portfolio risk.
FAQ
AI-generated questions and answers. How Rhea-AI works. Not financial advice.
What insider transaction did INTELLINETICS (INLX) report for Stanley P. Jaworski Jr.?
INTELLINETICS reported that director Stanley P. Jaworski Jr. received a grant of 5,000 non-qualified stock options. These options relate to common stock and were awarded as compensation for director services under the 2023 Non-Employee Director Compensation Plan.
What is the exercise price of the new stock options granted at INTELLINETICS (INLX)?
The newly granted non-qualified stock options have an exercise price of $6.11 per share. This means Jaworski can acquire INTELLINETICS common stock at $6.11 once the options become exercisable according to their terms and plan provisions.
How many INTELLINETICS (INLX) derivative securities does the director hold after this Form 4?
After the grant, Jaworski holds 15,500 derivative securities linked to INTELLINETICS common stock directly. This total includes the newly awarded 5,000 non-qualified stock options reported in this Form 4 insider transaction filing.
What type of equity award did INTELLINETICS (INLX) use to compensate its director?
INTELLINETICS used a non-qualified stock option award to compensate director Stanley P. Jaworski Jr. The grant of 5,000 options was made under the 2023 Non-Employee Director Compensation Plan in exchange for his ongoing director services to the company.
When do the newly granted INTELLINETICS (INLX) options expire?
The non-qualified stock options granted to Jaworski are scheduled to expire on June 25, 2036. This expiration date gives a long-term window during which the options can potentially be exercised at the fixed $6.11 per-share exercise price.
Are the new INTELLINETICS (INLX) options tied to common stock?
Yes, the non-qualified stock option grant is tied to INTELLINETICS common stock. Each of the 5,000 options is exercisable into one share of common stock, subject to the exercise price, expiration date, and other terms specified in the award and plan.
AI-generated analysis. How Rhea-AI works. Not financial advice.
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