Lexeo Therapeutics (LXEO) director receives grant of 35,000 stock options at $4.70
Filing Impact
Filing Sentiment
Form Type
4
Rhea-AI Filing Summary
Lexeo Therapeutics, Inc. director Paula H. Cholmondeley reported receiving a stock option grant covering 35,000 shares of common stock. The option has an exercise price of $4.7000 per share and expires on June 24, 2036. According to the disclosure, 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, provided she continues in service through that date.
Positive
- None.
Negative
- None.
Insider Trade Summary
1 transaction reported
Mixed
1 txn
Insider
CHOLMONDELEY PAULA H
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: $4.7000 per share
Underlying shares: 35,000 shares
+2 more
5 metrics
Options granted
35,000 options
Stock Option (right to buy) grant to director
Exercise price
$4.7000 per share
Stock option strike price for underlying common stock
Underlying shares
35,000 shares
Common stock underlying the granted options
Expiration date
June 24, 2036
Option term end date
Post-transaction derivative holdings
35,000 options
Total options held following this grant
Key Terms
Stock Option (right to buy), Grant, award, or other acquisition, underlying security, vesting, +1 more
5 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"
underlying security financial
"underlying_security_title: Common Stock"
vesting financial
"100% of the shares underlying the option shall vest, and become exercisable"
Vesting is the process by which you earn full ownership of something, like company stock or a retirement benefit, over time. It’s like earning the right to keep a gift piece by piece the longer you stay with a company, making sure employees stay committed before they receive all the benefits.
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.
FAQ
What insider transaction did Lexeo Therapeutics (LXEO) disclose?
Lexeo Therapeutics disclosed that director Paula H. Cholmondeley received a stock option grant for 35,000 shares of common stock at an exercise price of $4.7000 per share, expiring on June 24, 2036.
Who is the reporting person in the Lexeo Therapeutics (LXEO) Form 4?
The reporting person is Paula H. Cholmondeley, a director of Lexeo Therapeutics, Inc. The Form 4 shows a grant of stock options, not an open-market purchase or sale of common shares, and reflects a compensation-related equity award.
How many Lexeo Therapeutics (LXEO) options were granted and at what price?
Paula H. Cholmondeley was granted stock options on 35,000 shares of Lexeo Therapeutics common stock with an exercise price of $4.7000 per share. These options represent the right to buy shares at that fixed price once vested.
When do Paula H. Cholmondeley’s Lexeo Therapeutics (LXEO) options vest?
The options vest 100% on the earlier of one year after the grant date or the next annual meeting of stockholders. Vesting is conditioned on Ms. Cholmondeley’s continuous service with Lexeo Therapeutics through that vesting date.
What is the expiration date of the Lexeo Therapeutics (LXEO) stock options?
The disclosed stock options expire on June 24, 2036. After that date, Paula H. Cholmondeley will no longer be able to exercise the right to purchase Lexeo Therapeutics common stock at the $4.7000 exercise price.