Kardigan (KARD) director discloses existing stock option positions
Rhea-AI Filing Summary
Kardigan, Inc. director David P. Meeker reported his existing stock option holdings on Common Stock. The filing lists three option awards: one covering 33,289 underlying shares at an exercise price of $14.7100 per share expiring on February 10, 2036, and two covering 31,856 and 80,224 underlying shares at an exercise price of $8.0000 per share expiring on April 22, 2035 and March 19, 2035, respectively.
Footnotes explain that the shares subject to certain options vest and become exercisable over time, either in three equal annual installments commencing on October 17, 2024 or on a single vesting date of February 9, 2027, in each case conditioned on Meeker’s continued service.
Positive
- None.
Negative
- None.
Insider Trade Summary
3 transactions reported
Mixed
3 txns
Insider
Meeker David P
Role
Director
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| holding | Stock Option (right to buy) | -- | -- | -- |
| holding | Stock Option (right to buy) | -- | -- | -- |
| holding | Stock Option (right to buy) | -- | -- | -- |
Holdings After Transaction:
Stock Option (right to buy) — 145,369 shares (Direct)
Footnotes (2)
- F1. The shares subject to this option shall vest and become exercisable in three (3) equal annual installments commencing from October 17, 2024, subject to the Reporting Person's continued service on each such vesting date.
- F2. The shares subject to this option shall vest and become exercisable on February 9, 2027, subject to the Reporting Person's continued service on such vesting date.
Key Figures
Option underlying shares: 33,289 shares
Option underlying shares: 31,856 shares
Option underlying shares: 80,224 shares
+2 more
5 metrics
Option underlying shares
33,289 shares
Underlying Common Stock; exercise price $14.7100; expires February 10, 2036
Option underlying shares
31,856 shares
Underlying Common Stock; exercise price $8.0000; expires April 22, 2035
Option underlying shares
80,224 shares
Underlying Common Stock; exercise price $8.0000; expires March 19, 2035
Vesting start date (installments)
October 17, 2024
Three equal annual installments, subject to continued service
Cliff vesting date
February 9, 2027
Option vests and becomes exercisable on this date, subject to service
Key Terms
Stock Option (right to buy), Common Stock, vest and become exercisable, underlying shares
4 terms
Stock Option (right to buy) financial
"security_title: "Stock Option (right to buy)""
Common Stock financial
"underlying_security_title: "Common Stock""
Common stock represents ownership shares in a company, giving investors a stake in its success and a say in important decisions through voting rights. It is the most common type of stock traded on markets and can provide income through dividends, as well as potential for value growth. For investors, holding common stock means sharing in the company’s profits and risks.
vest and become exercisable financial
"The shares subject to this option shall vest and become exercisable"
AI-generated analysis. How Rhea-AI works. Not financial advice.
FAQ
What does David P. Meeker’s Form 3 for Kardigan (KARD) report?
The Form 3 reports director David P. Meeker’s existing stock option holdings in Kardigan. It lists three option awards on Common Stock with specific share amounts, exercise prices, expiration dates, and vesting conditions tied to continued service.
What are the exercise prices of David Meeker’s Kardigan (KARD) stock options?
The Form 3 shows one option with an exercise price of $14.7100 per share and two options with an exercise price of $8.0000 per share. Each option relates to Kardigan Common Stock and has a separate expiration date and vesting terms.
When do David Meeker’s Kardigan (KARD) stock options expire?
The reported options expire on February 10, 2036, April 22, 2035, and March 19, 2035. These expiration dates apply to separate option grants on Kardigan Common Stock, each with its own exercise price and vesting requirements.
How do David Meeker’s Kardigan (KARD) stock options vest?
Footnotes state that shares under certain options vest and become exercisable either in three equal annual installments starting October 17, 2024, or fully on February 9, 2027. Vesting in each case depends on Meeker’s continued service through the relevant dates.