Century Therapeutics SVP granted RSUs, options
Century Therapeutics reported that Douglas Carr, its SVP Finance & Operations, received equity awards.
Rhea-AI Filing Summary
Century Therapeutics reported that Douglas Carr, its SVP Finance & Operations, received equity awards. He was granted 110,000 restricted stock units, each representing one share of common stock, vesting 25% on February 2, 2027 and the remaining 75% quarterly over three years, subject to continued service.
He was also granted a stock option for 225,000 shares at an exercise price of $1.84 per share, vesting 25% on February 2, 2027 and the remaining 75% in 36 equal monthly installments, expiring on February 2, 2036. After these grants, he beneficially owns 514,874 common shares directly and 225,000 options.
Positive
- None.
Negative
- None.
Insider Trade Summary
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Grant/Award | Stock Option (right to buy) | 225,000 | $0.00 | $0.00 |
| Grant/Award | Common Stock | 110,000 | $0.00 | $0.00 |
Footnotes (2)
- F1. Reflects the grant of restricted stock units ("RSUs"). Each RSU represents a contingent right to receive one share of Issuer common stock. The RSUs vest 25% on February 2, 2027, with the remaining 75% vesting on a quarterly basis for the three years thereafter, in each case subject the Reporting Person's continued service through the applicable vesting date. The RSUs will be settled on each applicable vesting date in shares of the Issuer's common stock.
- F2. The option vests 25% on February 2, 2027, with the remaining 75% vesting in 36 equal monthly installments, subject to the Reporting Person's continued service through each applicable vesting date.
FAQ
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What insider equity awards did Century Therapeutics (IPSC) grant to Douglas Carr?
How do Douglas Carr’s RSUs at Century Therapeutics (IPSC) vest?
What are the terms of Douglas Carr’s stock option grant at Century Therapeutics (IPSC)?
Are Douglas Carr’s reported Century Therapeutics (IPSC) holdings direct or indirect?
AI-generated analysis. How Rhea-AI works. Not financial advice.