Century Therapeutics (IPSC) director granted 74,000 stock options at $2.24
Filing Impact
Filing Sentiment
Form Type
4
Rhea-AI Filing Summary
Century Therapeutics, Inc. reported that director Lee Han Myung received a grant of stock options covering 74,000 shares of common stock. The options have an exercise price of $2.24 per share and expire on June 11, 2036.
The option award vests on the earlier of June 11, 2027 or the company’s next annual meeting of stockholders, in each case only if Lee Han Myung continues to serve through the vesting date. Following this grant, the filing shows holdings of 74,000 stock options directly.
Positive
- None.
Negative
- None.
Insider Trade Summary
1 transaction reported
Mixed
1 txn
Insider
Lee Han Myung
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
Option grant size: 74,000 options
Exercise price: $2.24 per share
Underlying shares: 74,000 shares
+3 more
6 metrics
Option grant size
74,000 options
Stock Option (right to buy) awarded to director
Exercise price
$2.24 per share
Conversion or exercise price for the stock options
Underlying shares
74,000 shares
Underlying Century Therapeutics common stock
Total options after grant
74,000 options
Total derivative holdings following the transaction
Vesting date
June 11, 2027 (or earlier meeting)
Earlier of June 11, 2027 or next annual meeting, with continued service
Expiration date
June 11, 2036
Option expiration for the granted stock options
Key Terms
Stock Option (right to buy), Grant, award, or other acquisition, underlying security, vesting date, +1 more
5 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"
underlying security financial
"underlying_security_title: Common Stock"
vesting date financial
"subject to the Reporting Person's continued service through the applicable vesting date"
annual meeting of stockholders financial
"the next annual meeting of stockholders"
FAQ
What did Century Therapeutics (IPSC) director Lee Han Myung receive in this Form 4?
Lee Han Myung received a stock option grant for 74,000 shares of Century Therapeutics common stock. This is a compensation-related award, not an open-market trade, and gives the right to buy shares at a fixed exercise price in the future.
What is the exercise price of the new Century Therapeutics (IPSC) stock options?
The new stock options have an exercise price of $2.24 per share. This means Lee Han Myung can purchase Century Therapeutics common shares at $2.24 once the options vest and before they expire, regardless of the market price at that time.
When do Lee Han Myung’s Century Therapeutics (IPSC) options vest?
The options vest on the earlier of June 11, 2027 or the next annual meeting of stockholders. Vesting in both cases depends on Lee Han Myung continuing to serve the company through the applicable vesting date, as noted in the filing footnote.
When do the Century Therapeutics (IPSC) options granted to Lee Han Myung expire?
The granted stock options expire on June 11, 2036. After that date, any unexercised options lapse and can no longer be used to buy Century Therapeutics common shares, so the effective exercise window runs between vesting and this expiration date.
How many Century Therapeutics (IPSC) options does Lee Han Myung hold after this grant?
After this award, the Form 4 reports that Lee Han Myung holds 74,000 stock options. These options are reported as a direct holding and correspond to an equal number of underlying Century Therapeutics common shares, subject to vesting and the stated exercise terms.
Is this Century Therapeutics (IPSC) Form 4 a buy or sell transaction?
This Form 4 reflects an option grant, categorized as an acquisition rather than a market buy or sell. The transaction code is “A,” meaning a grant or award, and no open-market purchases or sales of Century Therapeutics common stock are reported here.