Jade Biosciences (JBIO) director Erin Lavelle receives 34,843-share option grant
Filing Impact
Filing Sentiment
Form Type
4
Rhea-AI Filing Summary
Jade Biosciences director Erin Lavelle received a stock option grant covering 34,843 shares of common stock. The option has an exercise price of $15.22 per share and expires on June 8, 2036. It vests in full on the earlier of June 9, 2027 or the next annual stockholder meeting, subject to her continued service.
Positive
- None.
Negative
- None.
Insider Trade Summary
1 transaction reported
Mixed
1 txn
Insider
Lavelle Erin
Role
null
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Grant/Award | Stock Option (Right to Buy) | 34,843 | $0.00 | -- |
Holdings After Transaction:
Stock Option (Right to Buy) — 34,843 shares (Direct, null)
Footnotes (1)
- [object Object]
Key Figures
Option shares granted: 34,843 shares
Exercise price: $15.22 per share
Total derivative holdings after grant: 34,843 options
+2 more
5 metrics
Option shares granted
34,843 shares
Stock Option (Right to Buy) granted on June 9, 2026
Exercise price
$15.22 per share
Conversion/exercise price of stock option
Total derivative holdings after grant
34,843 options
Total shares underlying options following transaction
Option expiration date
June 8, 2036
Expiration of stock option
Vesting date trigger
Earlier of June 9, 2027 or next annual meeting
Full vesting condition subject to continued service
Key Terms
Stock Option (Right to Buy), exercise price, vests in full, annual meeting of the Issuer's 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: 15.2200"
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
"which vests in full on the earlier of (i) June 9, 2027"
annual meeting of the Issuer's stockholders financial
"the date of the next annual meeting of the Issuer's stockholders"
continued service financial
"in each case, subject to the Reporting Person's continued service to the Issuer"
FAQ
What insider transaction did Jade Biosciences (JBIO) report for Erin Lavelle?
Jade Biosciences reported that director Erin Lavelle received a grant of stock options for 34,843 shares. These options give her the right to buy common stock at a fixed price if she continues serving the company until the vesting date.
What is the exercise price of Erin Lavelle’s Jade Biosciences stock option?
Erin Lavelle’s stock option has an exercise price of $15.22 per share. This means she can purchase Jade Biosciences common stock at $15.22 if the option vests and she chooses to exercise it before expiration.
When do Erin Lavelle’s Jade Biosciences stock options vest?
The options vest in full on the earlier of June 9, 2027 or the date of Jade Biosciences’ next annual stockholder meeting. Vesting is conditioned on Erin Lavelle’s continued service to the company through that time.
When do Erin Lavelle’s Jade Biosciences stock options expire?
The reported stock option for Erin Lavelle expires on June 8, 2036. She must exercise any vested portion by that date if she wishes to purchase Jade Biosciences shares at the stated exercise price.
Is Erin Lavelle’s Jade Biosciences option grant a market purchase or compensation?
The Form 4 labels the transaction as a grant or award acquisition, not a market purchase. This indicates the option was issued as part of compensation rather than bought on the open market by Erin Lavelle.