Director at MoonLake Immunotherapeutics (MLTX) gets 22,195-share option grant
Filing Impact
Filing Sentiment
Form Type
4
Rhea-AI Filing Summary
MoonLake Immunotherapeutics director Xavier Ramnik received a grant of stock options covering 22,195 Class A ordinary shares. The options have an exercise price of $19.19 per share and expire on June 17, 2036.
The option grant vests in full on the earlier of June 17, 2027 or the date of MoonLake’s next annual general meeting of shareholders, subject to Ramnik’s continued service. After this grant, he holds options for 22,195 shares.
Positive
- None.
Negative
- None.
Insider Trade Summary
1 transaction reported
Mixed
1 txn
Insider
Xavier Ramnik
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
+2 more
5 metrics
Options granted
22,195 options
Grant covering Class A ordinary shares
Exercise price
$19.19 per share
Strike price for the option grant
Expiration date
June 17, 2036
Option term end date
Shares underlying options after grant
22,195 shares
Total derivative holdings following transaction
Vesting date trigger
Earlier of June 17, 2027 or next AGM
Full vesting condition subject to continued service
Key Terms
Option to Buy, Class A ordinary shares, exercise price, vesting, +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.
vesting financial
"which will vest in full the earlier of (i) June 17, 2027"
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 Xavier Ramnik report in his Form 4 for MoonLake Immunotherapeutics (MLTX)?
Xavier Ramnik reported receiving a grant of options to buy 22,195 Class A ordinary shares of MoonLake Immunotherapeutics. These options were awarded as compensation and are not an open-market stock purchase or sale, but a derivative grant tied to his role as director.
What is the exercise price and expiration date of Xavier Ramnik’s MoonLake (MLTX) stock options?
The options have an exercise price of $19.19 per share and expire on June 17, 2036. This means Ramnik may choose to buy shares at $19.19 any time before expiration, once the options are vested, subject to plan and company rules.
When do Xavier Ramnik’s MoonLake Immunotherapeutics (MLTX) options vest?
The options will vest in full on the earlier of June 17, 2027, or the date of MoonLake’s next annual general meeting of shareholders. Vesting is conditioned on Ramnik’s continued service to the company through that vesting date, as specified in the footnote.