Kiora CDO granted stock options and RSUs
Kiora Pharmaceuticals Chief Development Officer Eric Joseph Daniels reported new equity awards.
Rhea-AI Filing Summary
Kiora Pharmaceuticals Chief Development Officer Eric Joseph Daniels reported new equity awards. He received a stock option for 13,067 shares of common stock at an exercise price of $1.98 per share, and a grant of 6,533 shares of restricted stock, both under the 2024 Equity Incentive Plan.
The restricted stock vests in three equal installments on April 1, 2027, April 1, 2028, and April 1, 2029, subject to continued service. The option vests one-third on April 1, 2027, with the remaining balance vesting monthly over the following two years and expiring on April 1, 2036. After the grants, Daniels directly owns 32,670 common shares.
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Insider Trade Summary
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Grant/Award | Stock Option (right to buy) | 13,067 | $0.00 | $0.00 |
| Grant/Award | Common Stock | 6,533 | $0.00 | $0.00 |
Footnotes (2)
- F1. Grant of restricted stock from the Issuer pursuant to the Issuer's 2024 Equity Incentive Plan (the "Plan"). The restrictions will vest as to one-third (1/3) of the shares on each of April 1, 2027, April 1, 2028 and April 1, 2029, subject to the reporting person's continuous service through each such vesting date.
- F2. The reporting person received an option to purchase Common Stock from the Issuer pursuant to the Plan. The option will become exercisable as to one-third (1/3) of the shares underlying the Option on April 1, 2027, and the remaining balance vests monthly on the first day of each calendar month thereafter for a period of two years, subject to the reporting person's continuous service through each such vesting date.
FAQ
What equity awards did KPRX executive Eric Joseph Daniels receive?
How do the new stock options for KPRX’s Chief Development Officer vest?
Are Eric Daniels’ KPRX equity awards open-market purchases or compensation grants?
AI-generated analysis. How Rhea-AI works. Not financial advice.