Lexeo Therapeutics (LXEO) director awarded 35,000 stock options at $4.70 strike
Filing Impact
Filing Sentiment
Form Type
4
Rhea-AI Filing Summary
Lexeo Therapeutics director Reinaldo M. Diaz received a grant of stock options as equity compensation. He was awarded options to acquire 35,000 shares of common stock at an exercise price of $4.70 per share, with all shares underlying the option scheduled to vest and become exercisable on the earlier of one year after the grant date or the next annual meeting of stockholders, conditioned on his continuous service.
Positive
- None.
Negative
- None.
Insider Trade Summary
1 transaction reported
Mixed
1 txn
Insider
DIAZ REINALDO M
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
Options granted: 35,000 options
Exercise price: $4.70 per share
Underlying shares: 35,000 shares
+3 more
6 metrics
Options granted
35,000 options
Stock Option (right to buy) covering common stock
Exercise price
$4.70 per share
Conversion or exercise price of the option
Underlying shares
35,000 shares
Common stock underlying the derivative security
Post-transaction derivative holdings
35,000 options
Total derivative shares following the transaction
Expiration date
June 24, 2036
Option expiration for the reported grant
Transaction code
A (grant/award acquisition)
Indicates option grant as equity compensation
Key Terms
Stock Option (right to buy), grant/award acquisition, continuous service, annual meeting of stockholders, +1 more
5 terms
Stock Option (right to buy) financial
"security_title is reported as Stock Option (right to buy)"
grant/award acquisition financial
"transaction_action is listed as grant/award acquisition"
continuous service financial
"vesting is subject to the Reporting Person's continuous service"
annual meeting of stockholders regulatory
"vesting occurs by one year or the next annual meeting of stockholders"
exercise price financial
"conversion_or_exercise_price is disclosed as 4.7000 per share"
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.
FAQ
What did Lexeo Therapeutics (LXEO) director Reinaldo M. Diaz report on this Form 4?
He reported receiving a grant of stock options covering 35,000 shares of Lexeo Therapeutics common stock. These options were awarded as compensation and give him the right to buy shares at a fixed exercise price if and when they vest and become exercisable.
What is the exercise price of the Lexeo Therapeutics (LXEO) stock options granted?
The options have an exercise price of $4.70 per share. This means Diaz can purchase Lexeo Therapeutics common stock at $4.70 per share once the options vest and become exercisable, regardless of the market price at that future time.
When do the newly granted Lexeo Therapeutics (LXEO) options vest and become exercisable?
All shares underlying the option vest and become exercisable on the earlier of one year after the grant date or the next annual meeting of stockholders. Vesting is conditioned on Diaz’s continuous service through that date, as described in the footnote.
Are the Lexeo Therapeutics (LXEO) options held directly or indirectly by Reinaldo M. Diaz?
The filing shows the options as directly owned by Diaz. The ownership code is listed as “D” for direct ownership, and there is no footnote indicating that another entity or trust holds voting or investment power over these derivative securities.
When do the Lexeo Therapeutics (LXEO) stock options expire?
The options are scheduled to expire on June 24, 2036. After this expiration date, any portion of the option that has not been exercised will no longer be usable to purchase Lexeo Therapeutics common stock at the specified exercise price.