NuCana CMO cancels 36.5M stock options
NuCana plc’s Chief Medical Officer Jeffrey D. Bloss agreed to cancel a portion of his stock options.
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Rhea-AI Filing Summary
NuCana plc’s Chief Medical Officer Jeffrey D. Bloss agreed to cancel a portion of his stock options. He disposed of 36,539,720 options to the company as a disposition to issuer, without receiving any cash or other consideration.
The canceled options were part of a grant of 146,158,880 options with an exercise price of 0.0004 Pounds Sterling per share. Following the cancellation, 109,619,160 options tied to ordinary shares remain outstanding for Bloss and are scheduled to vest in three equal annual installments and expire on June 20, 2035, subject to his continued service.
Insider Trade Summary
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Disposition | Options | 36,539,720 | $0.00 | $0.00 |
Footnotes (4)
- F1. D - Partial cancelation of vested options.
- F2. The ordinary shares, nominal value 0.000004 Pounds Sterling per share (the "Ordinary Shares"), of NuCana plc (the "Company") underlying these options being canceled were part of a grant of 146,158,880 options that vested as to 25% on June 20, 2026, and had an exercise price of 0.0004 Pounds Sterling per share, with the remaining 109,619,160 to vest in three equal annual installments thereafter, subject to the Reporting Persons's continued service with the Company through the applicable vesting date.
- F3. The remaining options will expire on June 20, 2035.
- F4. The option was canceled by mutual agreement of the Reporting Person and the Company. The Reporting Person did not receive consideration for the cancellation.
Key Figures
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FAQ
AI-generated questions and answers. How Rhea-AI works. Not financial advice.
What insider transaction did NuCana (NCNA) report for Jeffrey D. Bloss?
How many NuCana (NCNA) options does Jeffrey D. Bloss hold after this transaction?
What were the terms of the canceled NuCana (NCNA) options for Jeffrey D. Bloss?
Did Jeffrey D. Bloss receive any payment for canceling NuCana (NCNA) options?
When do Jeffrey D. Bloss’s remaining NuCana (NCNA) options expire?
AI-generated analysis. How Rhea-AI works. Not financial advice.