Century Therapeutics (IPSC) director Alessandro Riva granted 74,000 stock options
Filing Impact
Filing Sentiment
Form Type
4
Rhea-AI Filing Summary
Century Therapeutics director Alessandro Riva received a grant of stock options as compensation. The Form 4 shows an award of 74,000 stock options, each allowing the purchase of one share of common stock at an exercise price of $2.24 per share.
The options expire on June 11, 2036 and vest on the earlier of June 11, 2027 or the next annual meeting of stockholders, in each case only if Riva continues in service through the vesting date. Following this grant, he holds 74,000 options directly.
Positive
- None.
Negative
- None.
Insider Trade Summary
1 transaction reported
Mixed
1 txn
Insider
Riva Alessandro
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
Underlying shares: 74,000 shares
Exercise price: $2.24 per share
+2 more
5 metrics
Options granted
74,000 options
Stock Option (right to buy) grant to director
Underlying shares
74,000 shares
Common stock underlying granted options
Exercise price
$2.24 per share
Conversion or exercise price of options
Expiration date
June 11, 2036
Option term end date
Post-grant option holdings
74,000 options
Total options held following transaction
Key Terms
Stock Option (right to buy), Grant, award, or other acquisition, vesting, annual meeting of stockholders
4 terms
Stock Option (right to buy) financial
"security_title: "Stock Option (right to buy)""
Grant, award, or other acquisition financial
"transaction_code_description: "Grant, award, or other acquisition""
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
"or (b) the next annual meeting of stockholders"
FAQ
What insider transaction did Century Therapeutics (IPSC) report for Alessandro Riva?
Century Therapeutics reported a compensation-related grant of 74,000 stock options to director Alessandro Riva. Each option allows him to buy one share of common stock at an exercise price of $2.24 per share.
What are the key terms of Alessandro Riva’s 74,000 stock options at Century Therapeutics (IPSC)?
Riva’s 74,000 stock options have an exercise price of $2.24 per share and expire on June 11, 2036. They cover an equal number of common shares, giving him a right, not an obligation, to purchase those shares.
When do Alessandro Riva’s stock options at Century Therapeutics (IPSC) vest?
The options vest on the earlier of June 11, 2027 or the next annual meeting of stockholders. Vesting in either case is conditioned on Riva’s continued service through the applicable vesting date.
Is Alessandro Riva’s Form 4 transaction in Century Therapeutics (IPSC) an open-market buy or a grant?
The Form 4 reports a grant, not an open-market purchase. The transaction code is “A,” described as a grant, award, or other acquisition of 74,000 stock options provided as part of Riva’s compensation package.
How many Century Therapeutics (IPSC) options does Alessandro Riva hold after this Form 4 transaction?
After this reported transaction, Riva holds 74,000 stock options directly. These options relate to 74,000 underlying shares of common stock and are subject to the stated vesting schedule and expiration date.