Jade Biosciences (JBIO) director receives 47,675 stock options at $21.81 strike
Filing Impact
Filing Sentiment
Form Type
4
Rhea-AI Filing Summary
Jade Biosciences, Inc. director Mark Eisner reported receiving a stock option grant that gives him the right to buy 47,675 shares of common stock at an exercise price of $21.81 per share. All 47,675 option shares were reported as held directly after the grant.
The option expires on June 24, 2036. According to the footnote, 1/36 of the total option shares vest monthly after the grant date, as long as Eisner continues to provide service to the company on each vesting date. This structure turns the award into ongoing, service-based compensation rather than an immediate, fully vested position.
Positive
- None.
Negative
- None.
Insider Trade Summary
1 transaction reported
Mixed
1 txn
Insider
Eisner Mark
Role
null
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Grant/Award | Stock Option (Right to Buy) | 47,675 | $0.00 | -- |
Holdings After Transaction:
Stock Option (Right to Buy) — 47,675 shares (Direct, null)
Footnotes (1)
- [object Object]
Key Figures
Option grant size: 47,675 options
Exercise price: $21.81 per share
Underlying shares: 47,675 shares
+3 more
6 metrics
Option grant size
47,675 options
Stock Option (Right to Buy) granted to director
Exercise price
$21.81 per share
Conversion or exercise price for common stock
Underlying shares
47,675 shares
Common stock underlying the option grant
Post-grant derivative holdings
47,675 options
Total derivative shares following transaction
Option expiration
June 24, 2036
Expiration date of stock option grant
Vesting schedule
1/36 monthly
Monthly vesting of total option shares
Key Terms
Stock Option (Right to Buy), exercise price, vest monthly, expiration date, +1 more
5 terms
Stock Option (Right to Buy) financial
"security_title: Stock Option (Right to Buy)"
exercise price financial
"conversion_or_exercise_price: 21.8100"
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.
vest monthly financial
"1/36th of the total number of shares of common stock subject to the option vest monthly"
expiration date financial
"expiration_date: 2036-06-24T00:00:00.000Z"
The expiration date is the deadline after which a financial contract, such as an option or a futures agreement, is no longer valid or can be exercised. It matters to investors because it determines the timeframe during which they can take action or benefit from the contract, similar to how a coupon or a food item has a limited period of usefulness. Once the expiration date passes, the contract loses its value or ability to be used.
grant, award, or other acquisition financial
"transaction_code_description: Grant, award, or other acquisition"
FAQ
What did Jade Biosciences (JBIO) director Mark Eisner report on this Form 4?
Mark Eisner reported a grant of stock options for 47,675 shares of Jade Biosciences common stock. These options were awarded at no cost, with an exercise price of $21.81 per share and are held directly as a compensation-related award.
What is the exercise price of Mark Eisner’s Jade Biosciences (JBIO) stock options?
The stock options granted to Mark Eisner have an exercise price of $21.81 per share. This means he can buy Jade Biosciences common stock at $21.81 once the options vest and before they expire on June 24, 2036.
When do Mark Eisner’s Jade Biosciences (JBIO) stock options vest?
The options vest in equal monthly installments, with 1/36 of the total 47,675 shares vesting each month after the grant date. Vesting continues only if Eisner remains in service to Jade Biosciences on each monthly vesting date, linking the award to ongoing service.
When do Mark Eisner’s Jade Biosciences (JBIO) stock options expire?
The stock options granted to Mark Eisner expire on June 24, 2036. He may exercise vested portions of the 47,675-share option grant at $21.81 per share any time before that expiration date, subject to the company’s equity plan and agreement terms.