Lexeo Therapeutics (LXEO) director receives 35,000 options at $4.70
Filing Impact
Filing Sentiment
Form Type
4
Rhea-AI Filing Summary
Lexeo Therapeutics, Inc. director Mette Kirstine Agger received a grant of stock options covering 35,000 shares of common stock. The options have an exercise price of $4.70 per share and expire on June 24, 2036. According to the vesting terms, all 35,000 underlying shares will vest and become exercisable on the earlier of one year after the grant date or the next annual meeting of stockholders, as long as she continues in service through that date. After this grant, she holds stock options for 35,000 shares directly.
Positive
- None.
Negative
- None.
Insider Trade Summary
1 transaction reported
Mixed
1 txn
Insider
Agger Mette Kirstine
Role
null
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Grant/Award | Stock Option (right to buy) | 35,000 | $0.00 | -- |
Holdings After Transaction:
Stock Option (right to buy) — 35,000 shares (Direct, null)
Footnotes (1)
- [object Object]
Key Figures
Option grant size: 35,000 options
Exercise price: $4.70 per share
Underlying shares: 35,000 shares
+2 more
5 metrics
Option grant size
35,000 options
Stock Option (right to buy) covering common stock
Exercise price
$4.70 per share
Exercise price of the granted stock options
Underlying shares
35,000 shares
Common stock underlying the option grant
Expiration date
June 24, 2036
Option term endpoint for this grant
Post-grant option holdings
35,000 options
Total options held following this transaction
Key Terms
Stock Option (right to buy), Common Stock, exercise price, vest
4 terms
Stock Option (right to buy) financial
"Stock Option (right to buy)"
Common Stock financial
"underlying_security_title": "Common Stock""
Common stock represents ownership shares in a company, giving investors a stake in its success and a say in important decisions through voting rights. It is the most common type of stock traded on markets and can provide income through dividends, as well as potential for value growth. For investors, holding common stock means sharing in the company’s profits and risks.
exercise price financial
"conversion_or_exercise_price": "4.7000""
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.
vest financial
"100% of the shares underlying the option shall vest, and become exercisable"
A vest is the process by which an employee earns the right to receive certain benefits or ownership interests, such as stock or retirement funds, over time. It’s similar to earning a reward gradually, ensuring that the benefit becomes fully yours only after a set period or meeting specific conditions. This makes it important for investors because it determines when they can actually claim or use those benefits.
FAQ
What insider transaction did Lexeo Therapeutics (LXEO) report for Mette Kirstine Agger?
Lexeo Therapeutics reported that director Mette Kirstine Agger received a grant of stock options covering 35,000 shares of common stock. The award is a compensation-related grant, not an open-market share purchase or sale, and is structured as a right to buy shares in the future.
What is the exercise price of the new Lexeo Therapeutics (LXEO) stock options?
The stock options granted to the director have an exercise price of $4.70 per share. This means she can buy Lexeo common stock at $4.70 once the options vest, regardless of the market price at that time, until the options expire in the future.
When do the Lexeo Therapeutics (LXEO) stock options granted to the director vest?
All 35,000 shares underlying the options vest on the earlier of one year after the grant date or the next annual stockholder meeting. Vesting is conditional on the director’s continuous service with Lexeo Therapeutics through the applicable vesting date described in the award terms.
When do the newly granted Lexeo Therapeutics (LXEO) stock options expire?
The granted stock options expire on June 24, 2036. After that expiration date, the director can no longer exercise the options to buy Lexeo common stock, even if they were vested and otherwise exercisable before the expiration of the option term.
Is the Lexeo Therapeutics (LXEO) transaction a stock purchase or sale on the market?
This transaction is not a market purchase or sale of Lexeo shares. It is a grant of stock options as compensation, classified as a derivative security. No shares were bought or sold in the open market as part of this specific Form 4 transaction.