Kura Oncology (KURA) director receives grant of 35,000 stock options at $8.77
Filing Impact
Filing Sentiment
Form Type
4
Rhea-AI Filing Summary
Kura Oncology director Michael Vasconcelles received a new stock option grant covering 35,000 shares of common stock. The option has an exercise price of $8.77 per share and was granted at no upfront cost. It vests in full on the one-year anniversary of the grant date and expires on June 3, 2036. Following this award, Vasconcelles holds options for 35,000 shares directly, reflecting a compensation-related grant rather than an open-market trade.
Positive
- None.
Negative
- None.
Insider Trade Summary
1 transaction reported
Mixed
1 txn
Insider
VASCONCELLES MICHAEL
Role
null
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Grant/Award | Option to purchase common stock | 35,000 | $0.00 | -- |
Holdings After Transaction:
Option to purchase common stock — 35,000 shares (Direct, null)
Footnotes (1)
- [object Object]
Key Figures
Option grant size: 35,000 shares
Exercise price: $8.77 per share
Post-grant option holdings: 35,000 shares
+1 more
4 metrics
Option grant size
35,000 shares
Options to purchase common stock granted to director
Exercise price
$8.77 per share
Exercise price of granted options
Post-grant option holdings
35,000 shares
Total shares underlying options after transaction
Expiration date
June 3, 2036
Option expiration for 35,000-share grant
Key Terms
Option to purchase common stock, exercise price, expiration date, Grant, award, or other acquisition, +1 more
5 terms
Option to purchase common stock financial
"security_title: Option to purchase common stock"
exercise price financial
"conversion_or_exercise_price: 8.7700"
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.
expiration date financial
"expiration_date: 2036-06-03T00:00:00.000Z"
The expiration date is the deadline after which a financial contract, such as an option or a futures agreement, is no longer valid or can be exercised.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"
vests in full financial
"This option vests in full on the one year anniversary"
FAQ
What insider transaction did Kura Oncology (KURA) disclose in this Form 4?
Kura Oncology reported that director Michael Vasconcelles received a grant of stock options for 35,000 shares of common stock. The award is a compensation-related grant, not an open-market stock purchase or sale, and is documented as a derivative transaction on the Form 4.
What is the exercise price of Michael Vasconcelles’ Kura Oncology (KURA) stock options?
The granted options have an exercise price of $8.77 per share for Kura Oncology common stock. This price is the amount payable per share if the options are exercised, as specified in the derivative transaction details of the Form 4 filing.
When do the newly granted Kura Oncology (KURA) options vest for Michael Vasconcelles?
The option grant vests in full on the one-year anniversary of the grant date. A footnote to the Form 4 states that the entire 35,000-share option becomes exercisable at that time, rather than vesting in multiple installments over several years.
When do Michael Vasconcelles’ Kura Oncology (KURA) stock options expire?
The reported stock options expire on June 3, 2036, giving a long-dated exercise window. This expiration date applies to the entire 35,000-share option grant and is specified in the derivative security details included in the Form 4 transaction table.
Was the Kura Oncology (KURA) Form 4 transaction an open-market buy or sell?
The Form 4 shows a grant or award acquisition of derivative securities, not an open-market trade. The transaction code is "A," indicating a compensation-related option grant to director Michael Vasconceles, with no reported open-market buying or selling of common shares.