LENSAR CFO exercises options for 5,500 shares
LENSAR, Inc. Chief Financial Officer Thomas R. Staab II exercised stock options to acquire 5,500 shares of common stock at $2.65 per share.
Rhea-AI Filing Summary
LENSAR, Inc. Chief Financial Officer Thomas R. Staab II exercised stock options to acquire 5,500 shares of common stock at $2.65 per share. Following the transaction, he directly holds 175,959 shares of LENSAR common stock.
The exercised option is part of a grant that vested 25% on January 11, 2024, with the remainder vesting in thirty-six monthly installments, contingent on continued service. This filing reflects a routine compensation-related option exercise rather than an open-market purchase or sale.
Positive
- None.
Negative
- None.
Insider Trade Summary
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Exercise | Stock Option (Right to Buy) | 5,500 | $0.00 | $0.00 |
| Exercise | Common Stock | 5,500 | $2.65 | $15K |
Footnotes (1)
- F1. The option vested as to 25% of the award on January 11, 2024 and vests, as to the remaining amount of the award, in thirty-six (36) substantially equal monthly installments thereafter, subject to the Reporting Person's continued service to the Issuer through the applicable vesting date.
FAQ
AI-generated questions and answers. How Rhea-AI works. Not financial advice.
What did LENSAR (LNSR) disclose in this Form 4 insider filing?
The filing shows LENSAR’s Chief Financial Officer, Thomas R. Staab II, exercised stock options for 5,500 shares of common stock at $2.65 per share. This is a compensation-related option exercise, not an open-market stock purchase or sale.
What type of transaction did the LENSAR (LNSR) CFO report on this Form 4?
The CFO reported an option exercise, coded “M,” converting a stock option into 5,500 shares of LENSAR common stock at an exercise price of $2.65 per share. No open-market buying or selling activity was reported.
How do the CFO’s LENSAR (LNSR) stock options vest according to the filing?
The option grant vested 25% on January 11, 2024, with the remaining portion vesting in 36 substantially equal monthly installments. Vesting is subject to the CFO’s continued service with LENSAR through each applicable vesting date.
Does the LENSAR (LNSR) Form 4 indicate any stock sales by the CFO?
No stock sales are reported. The Form 4 only shows a derivative exercise, where options were converted into 5,500 common shares at $2.65 each. The filing does not list any open-market dispositions or tax-withholding share transfers.
AI-generated analysis. How Rhea-AI works. Not financial advice.