Seres Therapeutics (MCRB) awards 6,500 stock options to director Claire Fraser
Filing Impact
Filing Sentiment
Form Type
4
Rhea-AI Filing Summary
Seres Therapeutics, Inc. reported that director Claire Fraser received a grant of stock options covering 6,500 shares of common stock at an exercise price of $7.14 per share. The options expire on July 7, 2036 and vest and become exercisable on the earlier of July 8, 2027 or the day immediately prior to the first annual meeting of stockholders occurring after July 8, 2026. Following this award, Fraser holds options for 6,500 shares directly.
Positive
- None.
Negative
- None.
Insider Trade Summary
1 transaction reported
Mixed
1 txn
Insider
Fraser Claire
Role
Director
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Grant/Award | Stock Option (right to buy) | 6,500 | $0.00 | -- |
Holdings After Transaction:
Stock Option (right to buy) — 6,500 shares (Direct)
Footnotes (1)
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Key Figures
Options granted: 6,500 options
Exercise price: $7.14 per share
Underlying shares: 6,500 shares
+3 more
6 metrics
Options granted
6,500 options
Stock Option (right to buy) granted to director Claire Fraser
Exercise price
$7.14 per share
Exercise price of options to purchase Seres Therapeutics common stock
Underlying shares
6,500 shares
Number of common shares underlying the stock options
Expiration date
July 7, 2036
Expiration date of the stock option award
Latest vesting date
July 8, 2027
Latest possible vesting date, subject to earlier vesting before first annual meeting after July 8, 2026
Post-transaction options held
6,500 options
Total options held directly by Claire Fraser following the award
Key Terms
Stock Option (right to buy), exercise price, vests and becomes exercisable, annual meeting of the Company's stockholders
4 terms
Stock Option (right to buy) financial
"security_title: Stock Option (right to buy)"
exercise price financial
"conversion_or_exercise_price: 7.1400"
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.
vests and becomes exercisable financial
"The option vests and becomes exercisable on the earlier to occur"
annual meeting of the Company's stockholders regulatory
"the first annual meeting of the Company's stockholders occurring after July 8, 2026"
FAQ
What did Seres Therapeutics (MCRB) disclose about Claire Fraser in this Form 4?
Seres Therapeutics disclosed that director Claire Fraser received a grant of 6,500 stock options to purchase common stock at an exercise price of $7.14 per share, vesting based on future director service milestones.
How many stock options did Claire Fraser receive from Seres Therapeutics (MCRB)?
Claire Fraser received a grant of 6,500 stock options. These options relate to an equal number of underlying shares of common stock and represent a compensation award granted in her capacity as a director.
What is the exercise price of Claire Fraser’s options at Seres Therapeutics (MCRB)?
The exercise price of Claire Fraser’s options is $7.14 per share. This is the price she would pay per share to purchase Seres Therapeutics common stock once the options have vested and become exercisable.
When do Claire Fraser’s Seres Therapeutics (MCRB) options vest and become exercisable?
The options vest on the earlier of July 8, 2027 or the day immediately prior to the first annual meeting of stockholders occurring after July 8, 2026, tying vesting to future board service.
What is the expiration date of Claire Fraser’s stock options at Seres Therapeutics (MCRB)?
Claire Fraser’s stock options expire on July 7, 2036. After this date, any unexercised portion of the 6,500 options will lapse and can no longer be used to purchase Seres Therapeutics common stock.
How many Seres Therapeutics (MCRB) options does Claire Fraser hold after this grant?
Following this grant, Claire Fraser holds 6,500 stock options directly. This reflects the full amount of the newly awarded options, as this filing does not show any option exercises or sales.