MacroGenics director granted options and RSUs
MacroGenics Inc. director Scott Koenig received new equity awards.
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Form Type
4
Rhea-AI Filing Summary
MacroGenics Inc. director Scott Koenig received new equity awards. He was granted stock options for 22,000 shares of common stock with an exercise price of $4.52 per share, expiring in 2036.
Koenig was also granted 3,750 restricted stock units, each representing one share of common stock. The RSUs vest one year after the grant date, or the day before the next annual meeting if earlier. The options vest in monthly 1/12th increments starting one month after grant.
Insider Trade Summary
Grant/Award: 25,750 shares
Grant/Award
2 txns
Insider
Koenig Scott
Role
Director
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Grant/Award | Restricted Stock Unit | 3,750 | $0.00 | $0.00 |
| Grant/Award | Stock Option (right to buy) | 22,000 | $0.00 | $0.00 |
Holdings After Transaction:
Restricted Stock Unit — 3,750 contracts (Direct);
Stock Option (right to buy) — 22,000 contracts (Direct)
Footnotes (3)
- F1. Each restricted stock unit (RSU) represents a contingent right to receive one share of the Issuer's common stock.
- F2. The RSUs will vest one year after the date of grant, or the day prior to the next annual meeting, if earlier
- F3. The option will vest and become exercisable in monthly, cumulative 1/12th increments (rounded upwards for whole shares) beginning one month from the date of grant.
Key Figures
Stock options granted: 22,000 shares
Option exercise price: $4.52 per share
Option expiration: 2036-05-19
+3 more
6 metrics
Stock options granted
22,000 shares
Director grant of options to buy common stock
Option exercise price
$4.52 per share
Exercise price for 22,000 stock options
Option expiration
2036-05-19
Expiration date of newly granted options
RSUs granted
3,750 units
Restricted stock units tied to one common share each
RSU vesting period
1 year
Vest one year after grant or day before next annual meeting
Option vesting pace
1/12 monthly
Options vest in monthly cumulative 1/12th increments
Key Terms
Stock Option (right to buy), Restricted Stock Unit, contingent right, vest, +1 more
5 terms
Stock Option (right to buy) financial
"security_title: Stock Option (right to buy)"
Restricted Stock Unit financial
"security_title: Restricted Stock Unit"
A restricted stock unit is a promise from a company to give an employee shares of stock after certain conditions are met, like staying with the company for a set amount of time. It’s like earning a bonus that turns into company stock once you’ve proven your commitment, making it a way to motivate and reward employees.
contingent right financial
"represents a contingent right to receive one share"
vest financial
"The RSUs will vest one year after the date of grant"
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.
exercise price financial
"conversion_or_exercise_price: 4.5200"
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
AI-generated questions and answers. How Rhea-AI works. Not financial advice.
What equity awards did Scott Koenig receive in MacroGenics (MGNX) Form 4?
Scott Koenig received stock options for 22,000 shares and 3,750 restricted stock units. The options give him the right to buy MacroGenics common stock, while the RSUs represent future share delivery if vesting conditions are met.
What is the exercise price and expiration for Scott Koenig’s new MacroGenics options?
The newly granted stock options have an exercise price of $4.52 per share and expire in 2036. Koenig can exercise these options after they vest, potentially buying MacroGenics common stock at that fixed price if market conditions make it attractive.
How and when do Scott Koenig’s MacroGenics RSUs vest?
The 3,750 restricted stock units vest one year after the grant date, or the day before the next annual meeting, whichever comes first. Once vested, each RSU converts into one share of MacroGenics common stock, adding to Koenig’s direct equity stake.
What is the vesting schedule for Scott Koenig’s new MacroGenics stock options?
The stock options vest in monthly, cumulative 1/12th increments beginning one month after the grant date. This means the full 22,000-share option grant becomes exercisable over approximately one year, aligning director compensation with ongoing board service at MacroGenics.
Do Scott Koenig’s MacroGenics RSUs deliver cash or stock when vested?
The RSUs represent a contingent right to receive shares of MacroGenics common stock, not cash. Upon vesting, each of the 3,750 RSUs converts into one share, increasing Koenig’s ownership in the company if he remains eligible through the vesting date.
AI-generated analysis. How Rhea-AI works. Not financial advice.
