MoonLake Immunotherapeutics (MLTX) director granted options on 22,195 shares
Filing Impact
Filing Sentiment
Form Type
4
Rhea-AI Filing Summary
MoonLake Immunotherapeutics director Loy Spike received a compensation-related stock option grant. The award covers 22,195 options to buy Class A ordinary shares at an exercise price of $19.19 per share, with no cash paid for the grant itself.
The option vests in full on the earlier of June 17, 2027 or the company’s next annual general meeting of shareholders, as long as Spike continues to serve the company. The option expires on June 17, 2036 if not exercised.
Positive
- None.
Negative
- None.
Insider Trade Summary
1 transaction reported
Mixed
1 txn
Insider
Loy Spike
Role
null
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Grant/Award | Option to Buy | 22,195 | $0.00 | -- |
Holdings After Transaction:
Option to Buy — 22,195 shares (Direct, null)
Footnotes (1)
- [object Object]
Key Figures
Options granted: 22,195 options
Exercise price: $19.19 per share
Expiration date: June 17, 2036
+3 more
6 metrics
Options granted
22,195 options
Grant covering Class A ordinary shares
Exercise price
$19.19 per share
Stock option strike price
Expiration date
June 17, 2036
Option term end date
Shares underlying options
22,195 shares
Class A ordinary shares subject to option
Shares following transaction
22,195 derivative shares
Total optioned shares held after grant
Vesting date trigger
Earlier of June 17, 2027 or next AGM
Full vesting condition with continued service
Key Terms
Option to Buy, Class A ordinary shares, exercise price, vest in full, +1 more
5 terms
Option to Buy financial
"security_title: "Option to Buy""
exercise price financial
"conversion_or_exercise_price: "19.1900""
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.
vest in full financial
"which will vest in full the earlier of (i) June 17, 2027"
FAQ
What did MoonLake Immunotherapeutics (MLTX) director Loy Spike report on this Form 4?
Loy Spike reported receiving a stock option grant covering 22,195 Class A ordinary shares of MoonLake Immunotherapeutics. The options were granted as compensation and give the right to buy shares at a fixed $19.19 exercise price before the 2036 expiration date.
What is the exercise price and expiration date of Loy Spike’s MoonLake (MLTX) options?
The options have an exercise price of $19.19 per share and expire on June 17, 2036. This means Spike can choose to buy the underlying shares at $19.19 any time after vesting and before the June 17, 2036 expiration, subject to plan terms.
When do Loy Spike’s MoonLake Immunotherapeutics (MLTX) options vest?
The options vest in full on the earlier of June 17, 2027 or the date of MoonLake Immunotherapeutics’ next annual general meeting of shareholders. Vesting is conditioned on Loy Spike’s continued service to the company through that vesting date as disclosed.
Does this MoonLake Immunotherapeutics (MLTX) Form 4 show an open-market stock purchase or sale?
The Form 4 does not show any open-market purchase or sale. It reports a compensation-related grant of stock options with transaction code “A,” which represents a grant or award acquisition rather than a market trade in existing MoonLake Immunotherapeutics shares.