MAIA Biotechnology (MAIA) grants 60,000 stock options to head of finance
Filing Impact
Filing Sentiment
Form Type
4
Rhea-AI Filing Summary
MAIA Biotechnology, Inc. reported that Head of Finance Jeffrey C. Himmelreich received a grant of stock options covering 60,000 shares of common stock. The options have an exercise price of $1.39 per share and expire on May 29, 2036.
The award was granted under the company’s 2021 Equity Incentive Plan. The options vest over four years, with 25% vesting on the first anniversary of the grant date and the remaining options vesting in equal monthly installments over the following 36 months.
Positive
- None.
Negative
- None.
Insider Trade Summary
1 transaction reported
Mixed
1 txn
Insider
Himmelreich Jeffrey C
Role
Head of Finance
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Grant/Award | Stock Options | 60,000 | $0.00 | -- |
Holdings After Transaction:
Stock Options — 60,000 shares (Direct, null)
Footnotes (1)
- [object Object]
Key Figures
Options granted: 60,000 options
Exercise price: $1.39 per share
Expiration date: May 29, 2036
+2 more
5 metrics
Options granted
60,000 options
Stock option award to Head of Finance
Exercise price
$1.39 per share
Exercise price of granted stock options
Expiration date
May 29, 2036
Option term end date
Vesting cliff
25% at first anniversary
Initial vesting of 4-year schedule
Remainder vesting
75% over 36 months
Monthly vesting after first year
Key Terms
2021 Equity Incentive Plan, stock options, vesting schedule, underlying security
4 terms
2021 Equity Incentive Plan financial
"granted on May 29, 2026 pursuant to MAIA Biotechnology, Inc's 2021 Equity Incentive Plan"
stock options financial
"The stock options, granted on May 29, 2026 pursuant to MAIA Biotechnology, Inc's 2021 Equity Incentive Plan"
Stock options are agreements that give a person the right to buy or sell a company's stock at a specific price within a certain time frame. They are often used as a reward or incentive, similar to a coupon that can be used later if the stock price rises, allowing the holder to make a profit.
vesting schedule financial
"vest on a 4-year vesting schedule, with 25% of the options to vest"
A vesting schedule is a timeline that determines when someone gains full ownership of certain benefits, such as company stock or retirement contributions. Think of it like earning the right to own a gift gradually over time, rather than receiving it all at once. It matters to investors because it affects when they can fully access or sell these benefits, influencing their financial planning and decision-making.
underlying security financial
"underlying_security_title: "Common Stock", underlying_security_shares: "60000.0000""
FAQ
What did MAIA (MAIA) report in this Form 4 filing?
MAIA Biotechnology reported a stock option grant to its Head of Finance, Jeffrey C. Himmelreich, covering 60,000 shares of common stock at an exercise price of $1.39 per share, expiring on May 29, 2036.
How many MAIA (MAIA) stock options were granted to the Head of Finance?
Jeffrey C. Himmelreich was granted 60,000 stock options. These options represent rights to purchase 60,000 shares of MAIA common stock, subject to a four-year vesting schedule under the company’s 2021 Equity Incentive Plan and an exercise price of $1.39.
What is the exercise price and term of the new MAIA (MAIA) stock options?
The options have a $1.39 exercise price and expire on May 29, 2036. This means the executive can buy MAIA common shares at $1.39 per share once vested, any time before the stated expiration date.
How do the MAIA (MAIA) stock options for the Head of Finance vest?
The options vest over four years. Twenty‑five percent vest on the first anniversary of the May 29, 2026 grant date, and the remaining 75% vest in equal monthly installments over the next 36 months, assuming continued service.
Under what plan were the MAIA (MAIA) stock options granted?
The options were granted under MAIA’s 2021 Equity Incentive Plan. This plan allows the company to issue equity-based awards, such as stock options, to employees and executives as part of their overall compensation and retention programs.