Knightscope (KSCP) officer granted 710,352 stock options at $2.55 strike
Filing Impact
Filing Sentiment
Form Type
4
Rhea-AI Filing Summary
Knightscope, Inc. reported that officer Apoorv Dwivedi received a grant of stock options covering 710,352 shares of Class A common stock. The options have an exercise price of $2.55 per share and expire on June 3, 2036.
According to the filing, these options vest in four equal 25% annual installments on June 4, 2027, June 4, 2028, June 4, 2029, and June 4, 2030, subject to continued employment or service through each vesting date. After this grant, Dwivedi directly holds options on 710,352 underlying shares.
Positive
- None.
Negative
- None.
Insider Trade Summary
1 transaction reported
Mixed
1 txn
Insider
Dwivedi Apoorv
Role
See Remarks
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Grant/Award | Stock Option (Right to Buy) | 710,352 | $0.00 | -- |
Holdings After Transaction:
Stock Option (Right to Buy) — 710,352 shares (Direct, null)
Footnotes (1)
- [object Object]
Key Figures
Option grant size: 710,352 options
Exercise price: $2.55 per share
Expiration date: June 3, 2036
+2 more
5 metrics
Option grant size
710,352 options
Stock Option (Right to Buy) granted to officer
Exercise price
$2.55 per share
Conversion or exercise price of granted options
Expiration date
June 3, 2036
Option term end date
Post-grant derivative holdings
710,352 underlying shares
Total shares following transaction via options
Vesting schedule
25% each year 2027–2030
Annual vesting on June 4, 2027-2030
Key Terms
Stock Option (Right to Buy), Class A Common Stock, exercise price, vesting
4 terms
Stock Option (Right to Buy) financial
"security_title: "Stock Option (Right to Buy)""
Class A Common Stock financial
"underlying_security_title: "Class A Common Stock""
Class A common stock is a category of a company’s shares that carries a specific set of ownership rights—most commonly defined voting power and claims on dividends—set out in the company’s charter. For investors it matters because the class determines how much influence you have over corporate decisions, the share’s likely dividend and trading behavior, and how it compares in value to other share classes, like choosing a particular seat with different privileges at the company’s decision-making table.
exercise price financial
"conversion_or_exercise_price: "2.5500""
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.
vesting financial
"This option vests in 25% annual installments on each of June 4, 2027, June 4, 2028, June 4, 2029, and June 4, 2030"
Vesting is the process by which you earn full ownership of something, like company stock or a retirement benefit, over time. It’s like earning the right to keep a gift piece by piece the longer you stay with a company, making sure employees stay committed before they receive all the benefits.
FAQ
What did Knightscope (KSCP) disclose about Apoorv Dwivedi in this Form 4?
Knightscope disclosed that officer Apoorv Dwivedi received a grant of stock options for 710,352 shares of Class A common stock at an exercise price of $2.55 per share, expiring on June 3, 2036, as part of his compensation.
When do Apoorv Dwivedi’s Knightscope (KSCP) stock options vest?
The options vest in four equal 25% annual installments on June 4, 2027, June 4, 2028, June 4, 2029, and June 4, 2030, provided Dwivedi remains employed or continues service with Knightscope through each vesting date.
What is the exercise price and expiration date of the Knightscope (KSCP) options granted to Dwivedi?
The stock options have an exercise price of $2.55 per share and an expiration date of June 3, 2036. Dwivedi can only benefit from these options if they vest and he chooses to exercise them before the expiration date.
How many Knightscope (KSCP) options does Apoorv Dwivedi hold after this transaction?
After the reported grant, Dwivedi directly holds options covering 710,352 underlying shares of Knightscope Class A common stock. This figure reflects his derivative holdings following the transaction disclosed in the Form 4.