Director at Kura Oncology (NASDAQ: KURA) receives 35,000-share option grant
Filing Impact
Filing Sentiment
Form Type
4
Rhea-AI Filing Summary
Kura Oncology, Inc. director Diane L. Parks received an option grant for 35,000 shares of common stock. The option has an exercise price of $8.77 per share and expires on June 3, 2036. According to the grant terms, it vests in full on the one-year anniversary of the grant date.
Positive
- None.
Negative
- None.
Insider Trade Summary
1 transaction reported
Mixed
1 txn
Insider
Parks Diane L.
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
Expiration date: June 3, 2036
+1 more
4 metrics
Option grant size
35,000 shares
Option to purchase common stock granted to director
Exercise price
$8.77 per share
Conversion or exercise price of granted options
Expiration date
June 3, 2036
Option expiration for director grant
Post-grant option holdings
35,000 derivative shares
Total option shares following this transaction
Key Terms
Option to purchase common stock, Grant, award, or other acquisition, derivative security, vests in full
4 terms
Option to purchase common stock financial
"security_title: Option to purchase common stock"
Grant, award, or other acquisition financial
"transaction_code_description: Grant, award, or other acquisition"
derivative security financial
"transaction_type: derivative"
A derivative security is a financial contract whose value comes from the price or performance of something else, such as a stock, bond, commodity, or market index. For investors it acts like an insurance policy or a wager: it can be used to protect against losses, lock in prices, or amplify gains and losses, so it can change a portfolio’s risk and potential return without owning the underlying asset directly.
vests in full financial
"This option vests in full on the one year anniversary"
FAQ
What did Kura Oncology (KURA) director Diane L. Parks report on this Form 4?
Diane L. Parks reported receiving an option to purchase 35,000 Kura Oncology common shares. This is a compensation-related grant, not an open-market stock purchase or sale, and is reflected as a derivative security award on the Form 4.
How many Kura Oncology (KURA) stock options were granted to Diane L. Parks?
Diane L. Parks was granted options for 35,000 shares of Kura Oncology common stock. These options represent her total holdings of this option grant immediately after the transaction, with 35,000 derivative shares reported following the award.
What is the exercise price of Diane L. Parks’ Kura Oncology (KURA) options?
The option grant to Diane L. Parks has an exercise price of $8.77 per share. This means she can purchase Kura Oncology common stock at $8.77 for each of the 35,000 underlying shares if she exercises the options.
When do Diane L. Parks’ Kura Oncology (KURA) options vest?
The options granted to Diane L. Parks vest in full on the one-year anniversary of the grant date. Until that vesting date, the option award remains unvested, after which she can exercise all 35,000 underlying shares subject to plan terms.
When do Diane L. Parks’ Kura Oncology (KURA) options expire?
Diane L. Parks’ option award expires on June 3, 2036. After this expiration date, any unexercised portion of the 35,000-share option will no longer be exercisable, so the right to purchase shares ends on that day.