[Form 4] Nautilus Biotechnology, Inc. Insider Trading Activity
Filing Impact
Filing Sentiment
Form Type
4
Rhea-AI Filing Summary
Nautilus Biotechnology director Farzad Nazem received a grant of stock options covering 45,000 shares of common stock. The options have an exercise price of $2.28 per share and expire on June 18, 2036. All 45,000 options are held directly after this grant.
According to the grant’s terms, one-twelfth of the options vest each month following the grant date, as long as Nazem continues to serve as a “Service Provider” under Nautilus’s 2021 Equity Incentive Plan. This creates a 12‑month, time-based vesting schedule tied to ongoing service.
Positive
- None.
Negative
- None.
Insider Trade Summary
1 transaction reported
Mixed
1 txn
Insider
NAZEM FARZAD
Role
null
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Grant/Award | Stock Option (Right to Buy) | 45,000 | $0.00 | -- |
Holdings After Transaction:
Stock Option (Right to Buy) — 45,000 shares (Direct, null)
Footnotes (1)
- [object Object]
Key Figures
Options granted: 45,000 options
Exercise price: $2.28 per share
Expiration date: June 18, 2036
+1 more
4 metrics
Options granted
45,000 options
Stock Option (Right to Buy) grant to director Farzad Nazem
Exercise price
$2.28 per share
Conversion or exercise price of granted stock options
Expiration date
June 18, 2036
Option expiration for the 45,000 granted options
Post-grant option holdings
45,000 options
Total stock options held directly after this transaction
Key Terms
Stock Option (Right to Buy), 2021 Equity Incentive Plan, Service Provider, vesting
4 terms
Stock Option (Right to Buy) financial
"security_title: "Stock Option (Right to Buy)""
2021 Equity Incentive Plan financial
"the Issuer's 2021 Equity Incentive Plan through each applicable vesting date"
Service Provider financial
"continuous status as a "Service Provider" through each applicable vesting date"
vesting financial
"one-twelfth (1/12th) of the shares subject to the Option shall vest on a monthly basis"
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 insider transaction did Nautilus Biotechnology (NAUT) disclose in this Form 4?
Nautilus Biotechnology disclosed that director Farzad Nazem received a grant of 45,000 stock options. These options give him the right to buy common shares at a fixed exercise price, subject to a time-based vesting schedule tied to his continued service.
How many Nautilus (NAUT) stock options were granted to director Farzad Nazem?
Farzad Nazem was granted 45,000 stock options for Nautilus common stock. All 45,000 options are held directly following this grant and represent a compensation award rather than an open-market purchase, with vesting over time based on continued service to the company.
What is the exercise price and expiration date of the NAUT options granted to Farzad Nazem?
The granted Nautilus options have an exercise price of $2.28 per share and expire on June 18, 2036. This means Nazem can choose to exercise the options at that fixed price any time before expiration, subject to the options having vested under the plan’s terms.
How do the Nautilus (NAUT) options granted to Farzad Nazem vest over time?
The options vest in equal monthly installments over 12 months, with one-twelfth of the total vesting each month after the grant date. Vesting is conditioned on Nazem’s continuous status as a “Service Provider” under Nautilus’s 2021 Equity Incentive Plan throughout the applicable vesting dates.
Was Farzad Nazem’s Nautilus (NAUT) Form 4 transaction an open-market stock purchase or a compensation award?
The Form 4 reports a compensation-related award, not an open-market purchase. Nazem received 45,000 stock options at a $2.28 exercise price as a grant under the company’s equity incentive plan, with vesting tied to his ongoing service rather than a cash transaction in the market.