Pasithea (KTTA) director granted option: 242,913 shares at $0.715
Pasithea Therapeutics Corp. (KTTA) director Lawarence Steinman reported a stock option grant.
Rhea-AI Filing Summary
Pasithea Therapeutics Corp. (KTTA) director Lawarence Steinman reported a stock option grant. The Form 4 shows a stock option for 242,913 shares of common stock at an exercise price of $0.715, granted on 10/24/2025 and expiring on 10/23/2035. The option was awarded under the company’s 2023 Stock Incentive Plan.
The shares underlying the option vest in full on the one-year anniversary of the grant date, provided he remains a director through that date, and will fully vest upon a Change in Control as defined in the plan.
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Insider Trade Summary
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Grant/Award | Stock Option (right to buy) | 242,913 | $0.00 | $0.00 |
Footnotes (1)
- F1. The option (the "Option") award was made in accordance with the terms of the Issuer's 2023 Stock Incentive Plan, as amended (the "Plan"). The shares of the Issuer's common stock, par value $0.0001 per share, underlying the Option will vest in full upon the one-year anniversary of the date of grant; provided, that the Reporting Person remains a director of the Issuer through such vesting date; provided further, that the shares underlying the Option will fully vest upon a Change in Control (as defined in the Plan).
FAQ
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What did KTTA disclose on this Form 4?
When was the KTTA option granted and when does it expire?
What are the vesting terms of the KTTA option?
Does the KTTA option accelerate on a change in control?
Under which plan was the KTTA option granted?
Who is the reporting person on the KTTA Form 4?
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