Kura Oncology (KURA) director receives option grant for 35,000 shares at $8.77
Filing Impact
Filing Sentiment
Form Type
4
Rhea-AI Filing Summary
Kura Oncology director Thomas Malley received a stock option grant covering 35,000 shares of common stock. The option has an exercise price of $8.77 per share and was reported as a grant or award, not an open-market purchase or sale.
The option vests in full on the one-year anniversary of the grant date and expires on June 3, 2036 if not exercised. Following this award, Malley’s reported derivative holdings in this option total 35,000 underlying shares, reflecting a compensation-related equity incentive rather than a discretionary trade.
Positive
- None.
Negative
- None.
Insider Trade Summary
1 transaction reported
Mixed
1 txn
Insider
Malley Thomas
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
Options to purchase common stock granted to Thomas Malley
Exercise price
$8.77 per share
Conversion or exercise price of the option
Expiration date
June 3, 2036
Option expiration if not exercised
Shares following transaction
35,000 shares
Total underlying shares in this option after grant
Key Terms
Option to purchase common stock, Grant, award, or other acquisition, exercise price, 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"
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.
vests in full financial
"This option vests in full on the one year anniversary"
FAQ
What did Thomas Malley report in his latest Form 4 for KURA?
Thomas Malley reported receiving an option to purchase 35,000 shares of Kura Oncology common stock. The award is a compensation-related grant, not an open-market trade, and gives him the right to buy shares at a fixed exercise price of $8.77.
Is the Thomas Malley Form 4 transaction a buy or sell of KURA stock?
The Form 4 shows an acquisition of a stock option award, not a buy or sell in the open market. The transaction is coded as a grant or award acquisition and provides future purchase rights at $8.77 per share.
What are the key terms of Thomas Malley’s KURA stock option grant?
The grant covers options on 35,000 Kura Oncology common shares with an $8.77 exercise price. The option vests in full one year after the grant date and will expire on June 3, 2036 if it is not exercised by then.
When do Thomas Malley’s KURA options from this Form 4 vest?
The filing states the option vests in full on the one-year anniversary of the grant date. This means Malley must remain eligible until that one-year mark before he can exercise the entire 35,000-share award.