Director at Kymera Therapeutics (KYMR) receives stock options grant
Filing Impact
Filing Sentiment
Form Type
4
Rhea-AI Filing Summary
Kymera Therapeutics director Jeffrey W. Albers received a new stock option grant covering 6,068 shares of common stock. The options have an exercise price of $99.87 per share and expire on June 23, 2036. They vest in full on the earlier of June 24, 2027 or the next annual stockholder meeting. This is a compensation-related award rather than an open-market share purchase or sale.
Positive
- None.
Negative
- None.
Insider Trade Summary
1 transaction reported
Mixed
1 txn
Insider
Albers Jeffrey W.
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)
- [object Object]
Key Figures
Option grant size: 6,068 shares
Exercise price: $99.87 per share
Expiration date: June 23, 2036
+1 more
4 metrics
Option grant size
6,068 shares
Stock option covering common stock
Exercise price
$99.87 per share
Stock option strike price
Expiration date
June 23, 2036
Option term end
Vesting trigger date
June 24, 2027
Earlier of this date or next annual meeting
Key Terms
Stock Option (Right to Buy), Grant, award, or other acquisition, vest in full, annual meeting of the Issuer's stockholders
4 terms
Stock Option (Right to Buy) financial
"security_title: "Stock Option (Right to Buy)""
Grant, award, or other acquisition financial
"transaction_code_description: "Grant, award, or other acquisition""
vest in full financial
"The shares underlying this stock option shall vest in full upon the earlier to occur of (i) June 24, 2027..."
annual meeting of the Issuer's stockholders financial
"...and (ii) the date of the next annual meeting of the Issuer's stockholders."
FAQ
What insider transaction did Kymera Therapeutics (KYMR) report for Jeffrey W. Albers?
Kymera Therapeutics reported that director Jeffrey W. Albers received a stock option grant for 6,068 shares. The award is compensation-related, not an open-market trade, giving him the right to buy common stock at a fixed price if the options vest and are exercised.
What is the exercise price of the new Kymera Therapeutics (KYMR) stock options?
The new stock options granted to Jeffrey W. Albers have an exercise price of $99.87 per share. This means he can buy up to 6,068 Kymera Therapeutics common shares at $99.87 if the options vest and he chooses to exercise them before expiration.
When do Jeffrey W. Albers’ Kymera Therapeutics (KYMR) options vest?
The options granted to Jeffrey W. Albers vest in full on the earlier of June 24, 2027 or the date of Kymera Therapeutics’ next annual stockholders meeting. Full vesting means all 6,068 underlying shares become exercisable at once when that trigger date occurs.
When do the newly granted Kymera Therapeutics (KYMR) stock options expire?
The stock options granted to Jeffrey W. Albers expire on June 23, 2036. After that date, any unexercised portion of the 6,068-share option award will lapse, and he will no longer have the right to purchase Kymera Therapeutics common stock at the $99.87 exercise price.
Is the Kymera Therapeutics (KYMR) Form 4 transaction a stock buy or sell?
The Form 4 reports an acquisition of derivative securities through a stock option grant, not a buy or sell of common shares in the market. It reflects a compensation award giving Jeffrey W. Albers the right to buy shares in the future at a fixed price if exercised.