Kura Oncology (KURA) awards director stock options at $8.77 strike
Filing Impact
Filing Sentiment
Form Type
4
Rhea-AI Filing Summary
Kura Oncology, Inc. director Faheem Hasnain reported receiving an option grant to purchase 35,000 shares of common stock. The option has an exercise price of $8.77 per share and expires on June 3, 2036. Following this grant, Hasnain holds options for 35,000 shares. The award vests in full on the one-year anniversary of the grant date, making it a standard equity compensation grant rather than an open-market purchase.
Positive
- None.
Negative
- None.
Insider Trade Summary
1 transaction reported
Mixed
1 txn
Insider
Hasnain Faheem
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 options
Exercise price: $8.77/share
Expiration date: June 3, 2036
+2 more
5 metrics
Option grant size
35,000 options
Grant of option to purchase common stock
Exercise price
$8.77/share
Conversion or exercise price of granted options
Expiration date
June 3, 2036
Option expiration date
Underlying shares
35,000 shares
Common stock underlying the option grant
Post-grant option holdings
35,000 options
Total options owned following this transaction
Key Terms
Option to purchase common stock, Grant, award, or other acquisition, vests in full, exercise price
4 terms
Option to purchase common stock financial
"security_title: "Option to purchase common stock" for the derivative award"
Grant, award, or other acquisition financial
"transaction_code_description: "Grant, award, or other acquisition" describing the option grant"
vests in full financial
"footnote: "This option vests in full on the one year anniversary""
exercise price financial
"conversion_or_exercise_price of 8.7700 per share for the option"
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.
FAQ
What did Kura Oncology (KURA) disclose in this Form 4 for Faheem Hasnain?
Kura Oncology reported that director Faheem Hasnain received an option grant for 35,000 shares of common stock. The award is a compensation grant, not an open-market trade, and gives him the right to buy shares at a preset exercise price.
How many Kura Oncology (KURA) stock options were granted to Faheem Hasnain?
Faheem Hasnain was granted options to purchase 35,000 shares of Kura Oncology common stock. These options represent a new equity award and bring his reported option holdings to 35,000 shares immediately after the transaction, according to the Form 4 filing details.
What is the exercise price and expiration date of Faheem Hasnain’s Kura (KURA) options?
The granted options have an exercise price of $8.77 per share and expire on June 3, 2036. This means Hasnain can choose to buy up to 35,000 shares at $8.77 any time before the stated expiration date, once vested.
When do Faheem Hasnain’s newly granted Kura Oncology (KURA) options vest?
The options granted to Faheem Hasnain vest in full on the one-year anniversary of the grant date. Until that vesting date, the options cannot be exercised, but after vesting he can exercise all 35,000 options at the fixed exercise price.
Is Faheem Hasnain’s Kura Oncology (KURA) Form 4 transaction a stock purchase or a grant?
The Form 4 shows a grant of derivative securities, not an open-market stock purchase. Hasnain received an option award coded as a grant or other acquisition, giving him rights to buy 35,000 shares later at $8.77 per share, subject to vesting.