Century Therapeutics (IPSC) director receives grant of 74,000 stock options
Filing Impact
Filing Sentiment
Form Type
4
Rhea-AI Filing Summary
Century Therapeutics director Martin Patrick Murphy received a grant of stock options as part of his compensation. He was awarded options covering 74,000 shares of common stock at an exercise price of $2.24 per share, expiring on June 11, 2036.
The option vests on the earlier of June 11, 2027 or the next annual meeting of stockholders, subject to his continued service through the vesting date. Following this grant, he holds options for 74,000 shares directly, with no open-market buying or selling reported in this filing.
Positive
- None.
Negative
- None.
Insider Trade Summary
1 transaction reported
Mixed
1 txn
Insider
Murphy Martin Patrick
Role
null
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Grant/Award | Stock Option (right to buy) | 74,000 | $0.00 | -- |
Holdings After Transaction:
Stock Option (right to buy) — 74,000 shares (Direct, null)
Footnotes (1)
- [object Object]
Key Figures
Options granted: 74,000 options
Exercise price: $2.24 per share
Underlying shares: 74,000 shares
+3 more
6 metrics
Options granted
74,000 options
Stock Option (right to buy) grant on June 11, 2026
Exercise price
$2.24 per share
Conversion or exercise price for the option grant
Underlying shares
74,000 shares
Common Stock underlying the granted options
Post-grant derivative holdings
74,000 options
Total derivative securities following the reported transaction
Option expiration
June 11, 2036
Expiration date of the granted options
Vesting date trigger
June 11, 2027 or next annual meeting
Earlier date determines vesting, subject to continued service
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: "2.2400""
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
"The option vests on the earlier of (a) June 11, 2027, or (b) the next annual meeting of stockholders"
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
"the earlier of (a) June 11, 2027, or (b) the next annual meeting of stockholders"
FAQ
What insider transaction did Century Therapeutics (IPSC) report for Martin Patrick Murphy?
Century Therapeutics reported that director Martin Patrick Murphy received a grant of stock options. The award covers 74,000 shares of common stock, providing the right to buy shares at a fixed exercise price as part of his equity-based compensation package.
How many stock options did Martin Patrick Murphy receive from Century Therapeutics (IPSC)?
Martin Patrick Murphy received options covering 74,000 shares of Century Therapeutics common stock. These options give him the right to purchase up to 74,000 shares, subject to vesting conditions and payment of the stated exercise price when exercised in the future.
What is the exercise price of Martin Patrick Murphy’s Century Therapeutics (IPSC) options?
The options granted to Martin Patrick Murphy have an exercise price of $2.24 per share. This means he can buy Century Therapeutics common stock at $2.24 per share once the options vest and up until they expire, assuming he chooses to exercise them.
When do Martin Patrick Murphy’s Century Therapeutics (IPSC) options vest?
The option vests on the earlier of June 11, 2027 or the next annual meeting of stockholders. Vesting is also conditioned on Murphy’s continued service with Century Therapeutics through the applicable vesting date as specified in the Form 4 footnote.
When do the stock options granted to Martin Patrick Murphy at Century Therapeutics (IPSC) expire?
The granted stock options expire on June 11, 2036. After this expiration date, any unexercised options become void. Until then, once vested, he may choose to exercise them at the fixed exercise price of $2.24 per share.