MIRA Pharmaceuticals (MIRA) grants director 50,000 stock options at $0.94
Filing Impact
Filing Sentiment
Form Type
4
Rhea-AI Filing Summary
MIRA PHARMACEUTICALS, INC. director Edward Clouston MacPherson received a grant of 50,000 stock options for common stock. The options have an exercise price of $0.94 per share and expire on June 12, 2036.
According to the grant terms, 50% of the options vest on the six-month anniversary of the June 12, 2026 grant date, and the remaining 50% vest on the one-year anniversary. Following this award, he holds 50,000 stock options directly.
Positive
- None.
Negative
- None.
Insider Trade Summary
1 transaction reported
Mixed
1 txn
Insider
MacPherson Edward Clouston
Role
null
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Grant/Award | Stock Options (right to buy) | 50,000 | $0.00 | -- |
Holdings After Transaction:
Stock Options (right to buy) — 50,000 shares (Direct, null)
Footnotes (1)
- The exercise price of the stock options issued to the Reporting Person is equal to the closing price of the Issuer's common stock on June 12, 2026. The stock options were issued to the Reporting Person on June 12, 2026 (the "Grant Date"), pursuant to the Issuer's 2022 Omnibus Incentive Plan, as amended and restated (the "Plan"). 50% of the options vest on the six-month anniversary of the grant date, and the remaining 50% vest on the one-year anniversary of the Grant Date. Represents 50,000 stock options that were issued to the Reporting Person on June 12, 2026, that vest in equal halves on the six and 12 month anniversaries of the grant date, pursuant to a grant under the Plan at an exercise price of $0.94 each.
Key Figures
Options granted: 50,000 options
Exercise price: $0.94 per share
Expiration date: June 12, 2036
+3 more
6 metrics
Options granted
50,000 options
Stock options for common stock granted on June 12, 2026
Exercise price
$0.94 per share
Exercise price of granted stock options
Expiration date
June 12, 2036
Option expiration for the 50,000 granted options
Post-grant option holdings
50,000 options
Total stock options held following the reported grant
Initial vesting
50% at six months
Half of options vest six months after June 12, 2026
Final vesting
50% at one year
Remaining half vests one year after June 12, 2026
Key Terms
Stock Options, exercise price, 2022 Omnibus Incentive Plan, vesting
4 terms
Stock Options financial
"Represents 50,000 stock options that were issued to the Reporting Person"
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.
exercise price financial
"at an exercise price of $0.94 each"
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.
2022 Omnibus Incentive Plan financial
"pursuant to the Issuer's 2022 Omnibus Incentive Plan, as amended and restated"
vesting financial
"50% of the options vest on the six-month anniversary of the grant date"
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.
FAQ
What did MIRA (MIRA) director Edward MacPherson report in this Form 4?
Edward Clouston MacPherson reported receiving 50,000 stock options for MIRA PHARMACEUTICALS common stock. The options were granted as a compensation award and give him the right to buy shares at a fixed exercise price if they vest and he chooses to exercise.
How many MIRA PHARMACEUTICALS (MIRA) options were granted to the director?
The director was granted 50,000 stock options linked to MIRA PHARMACEUTICALS common stock. These options represent the right to purchase up to 50,000 shares if exercised, subject to the stated vesting schedule and the exercise price set in the award.
What is the exercise price of the MIRA (MIRA) stock options granted?
The stock options have an exercise price of $0.94 per share. This means the director can buy MIRA PHARMACEUTICALS common stock at $0.94, once the options vest and before they expire, regardless of the market price at that future time.
When do the granted MIRA PHARMACEUTICALS options vest for the director?
The options vest in two equal halves after the grant date. Fifty percent vest on the six-month anniversary of June 12, 2026, and the remaining fifty percent vest on the one-year anniversary, creating a staged vesting schedule over the first year.
When do Edward MacPherson’s MIRA (MIRA) stock options expire?
The granted stock options expire on June 12, 2036. After that expiration date, any unexercised options will lapse and can no longer be used to buy MIRA PHARMACEUTICALS common stock, even if they previously vested under the grant terms.
Under what plan were the MIRA PHARMACEUTICALS (MIRA) options granted?
The options were granted under MIRA PHARMACEUTICALS’ 2022 Omnibus Incentive Plan, as amended and restated. This plan governs equity-based compensation awards, including stock options, and sets the framework for vesting, exercise price, and other key grant conditions.