MoonLake Immunotherapeutics (MLTX) director granted options on 22,195 shares
Filing Impact
Filing Sentiment
Form Type
4
Rhea-AI Filing Summary
MoonLake Immunotherapeutics director Andrew John Phillips received a grant of stock options covering 22,195 shares. These options have an exercise price of $19.19 per share and relate to Class A ordinary shares.
The options vest in full on the earlier of June 17, 2027 or the date of MoonLake’s next annual general meeting of shareholders, as long as he continues serving the company. After this grant, the filing shows 22,195 options held directly.
Positive
- None.
Negative
- None.
Insider Trade Summary
1 transaction reported
Mixed
1 txn
Insider
Phillips Andrew John
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
Option grant size: 22,195 shares
Exercise price: $19.19 per share
Options after transaction: 22,195 options
+2 more
5 metrics
Option grant size
22,195 shares
Options to buy Class A ordinary shares granted to director
Exercise price
$19.19 per share
Conversion or exercise price of granted options
Options after transaction
22,195 options
Total derivative securities following transaction
Option expiration date
June 17, 2036
Expiration date of stock options
Vesting condition date
June 17, 2027
Latest vesting date or earlier next annual general meeting
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 insider transaction did MoonLake Immunotherapeutics (MLTX) report on this Form 4?
MoonLake Immunotherapeutics reported a director receiving a stock option grant for 22,195 shares. The options were granted as compensation, not purchased in the open market, and give the right to buy Class A ordinary shares at a fixed exercise price.
What is the exercise price of the MoonLake Immunotherapeutics (MLTX) options granted?
The options were granted with an exercise price of $19.19 per share. This means the director can buy MoonLake’s Class A ordinary shares at $19.19 once the options have vested, regardless of the market price at that time.
When do the new MoonLake Immunotherapeutics (MLTX) options vest?
The options vest in full on the earlier of June 17, 2027, or the date of MoonLake’s next annual general meeting. Vesting is conditional on the director’s continued service to MoonLake Immunotherapeutics through that vesting date, as described in the footnote.
Are the MoonLake Immunotherapeutics (MLTX) options held directly or indirectly by the director?
The Form 4 shows the options as directly owned by the reporting person. The ownership code is listed as direct, and there is no footnote indicating that the options are held through an entity, trust, or other indirect structure.