Nautilus (NAUT) CEO Sujal Patel receives 650,000 stock option award
Filing Impact
Filing Sentiment
Form Type
4
Rhea-AI Filing Summary
Nautilus Biotechnology CEO Sujal M. Patel received a grant of 650,000 stock options described as a right to buy shares at an exercise price of $0.0000 per share. According to the vesting terms, 25% of the options vest on the one-year anniversary of the vesting commencement date of January 1, 2026, with the remaining shares vesting in equal monthly installments over the following 36 months, contingent on his continued service.
Positive
- None.
Negative
- None.
Insider Trade Summary
1 transaction reported
Mixed
1 txn
Insider
Patel Sujal M
Role
CEO, President, and Secretary
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Grant/Award | Stock Option (Right to Buy) | 650,000 | $0.00 | -- |
Holdings After Transaction:
Stock Option (Right to Buy) — 650,000 shares (Direct)
Footnotes (1)
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FAQ
What insider transaction did Nautilus Biotechnology (NAUT) report for Sujal Patel?
Nautilus Biotechnology reported that CEO Sujal M. Patel received a grant of 650,000 stock options. These options are a right to buy company shares and represent equity-based compensation tied to his ongoing role and service with the company.
How many stock options were granted to Nautilus (NAUT) CEO Sujal Patel?
Sujal M. Patel was granted 650,000 stock options. This award increases his potential future ownership in Nautilus Biotechnology, aligning his compensation with shareholder interests through equity that vests over time based on continued service.
What is the exercise price of Sujal Patel’s Nautilus (NAUT) stock options?
The stock options granted to Sujal M. Patel carry an exercise price of $0.0000 per share. This effectively makes the options deeply in-the-money once vested, serving as a strong long-term equity incentive linked to his continued employment.
When do Sujal Patel’s Nautilus (NAUT) stock options start vesting?
The options begin vesting from a vesting commencement date of January 1, 2026. Twenty-five percent vest on the one-year anniversary of that date, with the remaining balance vesting monthly over the following three years, subject to continued service.
What are the vesting terms for the 650,000 Nautilus (NAUT) stock options granted to Sujal Patel?
Twenty-five percent of the options vest on the one-year anniversary of January 1, 2026. The remaining shares vest in equal monthly installments over 36 months, contingent on Patel maintaining continuous status as a service provider to Nautilus.
Is Sujal Patel’s Nautilus (NAUT) stock option grant contingent on continued service?
Yes, vesting of Sujal Patel’s stock options is conditioned on his continuous status as a service provider. If he remains in service, portions vest after one year from January 1, 2026, and then monthly over the following three years.