Minerva Neurosciences (NERV) CFO awarded 680,000 stock options at $4.6800
Filing Impact
Filing Sentiment
Form Type
4
Rhea-AI Filing Summary
Minerva Neurosciences, Inc. reported that SVP, CFO and Secretary Frederick W. Ahlholm received a grant of stock options covering 680,000 shares of Common Stock. The options have an exercise price of $4.6800 per share and expire on June 2, 2036.
According to the footnote, the option vests 25% on June 3, 2027 and then in equal quarterly installments over three years. Following this grant, Ahlholm holds 680,000 stock options directly, and the filing does not show any related share sales or purchases.
Positive
- None.
Negative
- None.
Insider Trade Summary
1 transaction reported
Mixed
1 txn
Insider
Ahlholm Frederick W
Role
SVP, CFO and Secretary
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Grant/Award | Employee Stock Option (right to buy) | 680,000 | $0.00 | -- |
Holdings After Transaction:
Employee Stock Option (right to buy) — 680,000 shares (Direct, null)
Footnotes (1)
- [object Object]
Key Figures
Option grant size: 680,000 options
Exercise price: $4.6800 per share
Underlying shares: 680,000 shares
+3 more
6 metrics
Option grant size
680,000 options
Employee Stock Option grant to CFO on June 3, 2026
Exercise price
$4.6800 per share
Strike price for employee stock options
Underlying shares
680,000 shares
Common Stock underlying the options
Options after transaction
680,000 options
Total options held directly following grant
Initial vesting date
June 3, 2027
25% of options vest on this date
Expiration date
June 2, 2036
Options expire if not exercised by this date
Key Terms
Employee Stock Option (right to buy), Grant, award, or other acquisition, underlying security title, vests 25%
4 terms
Employee Stock Option (right to buy) financial
"security_title: Employee Stock Option (right to buy)"
Grant, award, or other acquisition financial
"transaction_code_description: Grant, award, or other acquisition"
underlying security title financial
"underlying_security_title: Common Stock"
vests 25% financial
"The option vests 25% on June 3, 2027"
FAQ
What insider transaction did Minerva Neurosciences (NERV) report for Frederick W. Ahlholm?
Minerva Neurosciences (NERV) reported that SVP and CFO Frederick W. Ahlholm received a grant of employee stock options for 680,000 shares. These options are compensation-related awards, not open-market purchases or sales, and give him the right to buy Common Stock at a fixed price.
What is the exercise price of the new stock options granted at Minerva Neurosciences (NERV)?
The newly granted employee stock options at Minerva Neurosciences (NERV) have an exercise price of $4.6800 per share. This price is the cost Ahlholm must pay per share to convert the options into Common Stock if he chooses to exercise them in the future.
What is the vesting schedule of the new NERV stock options granted to the CFO?
The new NERV stock options vest 25% on June 3, 2027, with the remaining 75% vesting in equal quarterly installments over three years. Vesting means the options become exercisable over time rather than all at once on the grant date.
When do the newly granted Minerva Neurosciences (NERV) options expire?
The newly granted Minerva Neurosciences (NERV) employee stock options expire on June 2, 2036. After this expiration date, Ahlholm can no longer exercise them, so any decision to turn options into shares must occur before that deadline.