Kymera Therapeutics (KYMR) director receives stock options on 6,068 shares
Filing Impact
Filing Sentiment
Form Type
4
Rhea-AI Filing Summary
Kymera Therapeutics, Inc. director Bruce Booth received a grant of stock options covering 6,068 shares of common stock. The options carry an exercise price of $99.87 per share and expire on June 23, 2036.
These options vest in full on the earlier of June 24, 2027 or the date of Kymera’s next annual stockholder meeting. Following this grant, Booth holds options for 6,068 shares. According to the disclosure, proceeds from any sale of shares issued upon exercise will be transferred to Atlas Venture Life Science Advisors, LLC, and Booth disclaims ownership except to the extent of any pecuniary interest.
Positive
- None.
Negative
- None.
Insider Trade Summary
1 transaction reported
Mixed
1 txn
Insider
Booth Bruce
Role
null
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Grant/Award | Stock Option (Right to Buy) | 6,068 | $0.00 | -- |
Holdings After Transaction:
Stock Option (Right to Buy) — 6,068 shares (Direct, null)
Footnotes (1)
- The shares underlying this stock option shall vest in full upon the earlier to occur of (i) June 24, 2027 and (ii) the date of the next annual meeting of the Issuer's stockholders. This option was granted to the Reporting Person, a director of the Issuer. The proceeds of any sale of shares of common stock issued to the Reporting Person upon exercise of this option will be transferred to Atlas Venture Life Science Advisors, LLC and as such, the Reporting Person disclaims ownership of such securities reported herein for purposes of Section 16 of the Securities Exchange Act of 1934, as amended, except to the extent of his pecuniary interest therein, if any.
Key Figures
Option grant size: 6,068 options
Exercise price: $99.87 per share
Underlying shares: 6,068 shares
+3 more
6 metrics
Option grant size
6,068 options
Stock Option (Right to Buy) granted to director Bruce Booth
Exercise price
$99.87 per share
Conversion or exercise price for the stock option
Underlying shares
6,068 shares
Common stock underlying the granted option
Post-grant holdings
6,068 derivative securities
Total options held by Booth following this transaction
Vesting date trigger
June 24, 2027
Earlier vesting trigger, or next annual stockholder meeting date
Expiration date
June 23, 2036
Option expiration for the stock option grant
Key Terms
Stock Option (Right to Buy), pecuniary interest, Section 16 of the Securities Exchange Act of 1934, annual meeting of the Issuer's stockholders
4 terms
Stock Option (Right to Buy) financial
"security_title: Stock Option (Right to Buy)"
pecuniary interest financial
"except to the extent of his pecuniary interest therein, if any"
Section 16 of the Securities Exchange Act of 1934 regulatory
"for purposes of Section 16 of the Securities Exchange Act of 1934, as amended"
A provision of federal securities law that requires company insiders—directors, officers and large shareholders—to publicly report their stock holdings and trades and to surrender any “short-swing” profits from purchases and sales within a six-month window. It acts like a rule that forces leaders to announce their trades and prevents quick buy-sell windfalls, giving investors transparency into insider activity and reducing opportunities for unfair gain.
annual meeting of the Issuer's stockholders financial
"earlier to occur of (i) June 24, 2027 and (ii) the date of the next annual meeting of the Issuer's stockholders"
FAQ
What insider transaction did Kymera Therapeutics (KYMR) report for Bruce Booth?
Kymera reported a stock option grant to director Bruce Booth for 6,068 underlying common shares. The options were awarded at an exercise price of $99.87 per share and represent equity-based compensation rather than an open-market share purchase or sale.
What are the vesting terms of Bruce Booth’s new Kymera (KYMR) stock options?
The stock options granted to Bruce Booth vest in full on the earlier of June 24, 2027 or the date of Kymera’s next annual stockholder meeting. This single-vesting schedule ties his equity award to continued board service through that future event.
What is the exercise price and expiration date of Bruce Booth’s Kymera (KYMR) options?
Bruce Booth’s stock options have an exercise price of $99.87 per share and an expiration date of June 23, 2036. He can choose to exercise and acquire common shares at this price any time after vesting and before expiration under the award’s terms.
Does this Kymera (KYMR) Form 4 show Bruce Booth buying or selling stock on the market?
The Form 4 reports a grant of stock options as compensation, not an open-market buy or sell transaction. It records an acquisition of derivative securities with a future right to buy Kymera common shares at a fixed price, subject to vesting conditions.