Century Therapeutics (IPSC) SVP awarded 110,000 RSUs and 225,000 options
Filing Impact
Filing Sentiment
Form Type
4
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
2 transactions reported
Mixed
2 txns
Insider
Carr Douglas
Role
SVP Finance & Operations
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Grant/Award | Stock Option (right to buy) | 225,000 | $0.00 | -- |
| Grant/Award | Common Stock | 110,000 | $0.00 | -- |
Holdings After Transaction:
Stock Option (right to buy) — 225,000 shares (Direct);
Common Stock — 514,874 shares (Direct)
Footnotes (1)
- 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. 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
What insider equity awards did Century Therapeutics (IPSC) grant to Douglas Carr?
Century Therapeutics granted SVP Finance & Operations Douglas Carr 110,000 restricted stock units and a stock option for 225,000 shares at an exercise price of $1.84 per share. Both awards vest over several years, contingent on his continued service.
How do Douglas Carr’s RSUs at Century Therapeutics (IPSC) vest?
Douglas Carr’s 110,000 RSUs vest 25% on February 2, 2027. The remaining 75% vest on a quarterly basis over the following three years. Each RSU converts into one share of Century Therapeutics common stock, provided he continues serving through each vesting date.
What are the terms of Douglas Carr’s stock option grant at Century Therapeutics (IPSC)?
Douglas Carr received a stock option for 225,000 shares of Century Therapeutics common stock with an exercise price of $1.84 per share. The option vests 25% on February 2, 2027, then 75% in 36 equal monthly installments, and expires on February 2, 2036.
Are Douglas Carr’s reported Century Therapeutics (IPSC) holdings direct or indirect?
The Form 4 lists Douglas Carr’s post-transaction holdings of 514,874 common shares and 225,000 stock options as direct ownership. No nature-of-ownership footnote indicates a trust, LLC, or other intermediary entity for these specific awards and holdings.