Invivyd (IVVD) grants 32,876 stock options to director Bolno
Filing Impact
Filing Sentiment
Form Type
4
Rhea-AI Filing Summary
Invivyd, Inc. reported that director Paul Bolno received a grant of stock options covering 32,876 shares of common stock. The options have an exercise price of $1.04 per share and expire on May 18, 2036. The grant vests in full on the earlier of May 19, 2027 or the date of Invivyd's 2027 Annual Meeting of Stockholders, provided he continues in service through that vesting date. After this grant, Bolno holds options for 32,876 underlying shares directly.
Positive
- None.
Negative
- None.
Insider Trade Summary
1 transaction reported
Mixed
1 txn
Insider
BOLNO PAUL
Role
null
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Grant/Award | Stock Option (Right to Buy) | 32,876 | $0.00 | -- |
Holdings After Transaction:
Stock Option (Right to Buy) — 32,876 shares (Direct, null)
Footnotes (1)
- [object Object]
Key Figures
Options Granted: 32,876 options
Exercise Price: $1.04 per share
Underlying Shares: 32,876 shares
+3 more
6 metrics
Options Granted
32,876 options
Stock Option (Right to Buy) granted to director Paul Bolno
Exercise Price
$1.04 per share
Conversion/exercise price of the stock options
Underlying Shares
32,876 shares
Common stock underlying the option award
Expiration Date
May 18, 2036
Option term end date
Vesting Date
Earlier of May 19, 2027 or 2027 meeting
Full vesting contingent on continuous service
Post-transaction Options Held
32,876 options
Total options held by Bolno following this grant
Key Terms
Stock Option (Right to Buy), exercise price, vests in full, Annual Meeting of Stockholders, +1 more
5 terms
Stock Option (Right to Buy) financial
"security_title: Stock Option (Right to Buy)"
exercise price financial
"conversion_or_exercise_price: 1.0400 per share"
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.
vests in full financial
"This option was granted on May 19, 2026 and vests in full upon the earlier of"
Annual Meeting of Stockholders financial
"the date of the Issuer's 2027 Annual Meeting of Stockholders"
continuous service financial
"subject to the Reporting Person's continuous service through such vesting date"
FAQ
What insider transaction did Invivyd (IVVD) disclose for Paul Bolno?
Invivyd disclosed that director Paul Bolno received a grant of 32,876 stock options. These options give him the right to buy 32,876 Invivyd common shares at a fixed exercise price, subject to vesting conditions and an expiration date in 2036.
What are the key terms of Paul Bolno’s Invivyd stock option grant?
The grant covers 32,876 options with a $1.04 exercise price per share. The options expire on May 18, 2036 and vest in full on the earlier of May 19, 2027 or Invivyd’s 2027 Annual Meeting, assuming continuous service.
When do Paul Bolno’s Invivyd stock options vest?
The options vest in full on the earlier of May 19, 2027 or the date of Invivyd’s 2027 Annual Meeting of Stockholders. Vesting is conditioned on Bolno maintaining continuous service with the company through the applicable vesting date.
Is Paul Bolno’s Invivyd stock option grant an open-market purchase?
No, the transaction is a grant of stock options classified as an acquisition award, not an open-market share purchase. The options were granted at no cost per option but carry a $1.04 per-share exercise price if later exercised.