Nkarta (NKTX) director George Simeon awarded 37,000-share stock option grant
Filing Impact
Filing Sentiment
Form Type
4
Rhea-AI Filing Summary
Nkarta, Inc. director George Simeon received a stock option grant for 37,000 shares of Common Stock. The option has an exercise price of $2.4600 per share and expires on June 9, 2036. All shares subject to the option vest 100% on the earlier of June 10, 2027 or the day immediately before the first annual meeting of stockholders after the grant date. The award becomes fully vested if there is a described "change in control" or if Simeon’s service ends because of death or "disability" as defined in the award agreement.
Positive
- None.
Negative
- None.
Insider Trade Summary
1 transaction reported
Mixed
1 txn
Insider
George Simeon
Role
null
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Grant/Award | Stock Option (right to buy) | 37,000 | $0.00 | -- |
Holdings After Transaction:
Stock Option (right to buy) — 37,000 shares (Direct, null)
Footnotes (1)
- [object Object]
Key Figures
Option size: 37,000 shares
Exercise price: $2.4600 per share
Expiration date: June 9, 2036
+2 more
5 metrics
Option size
37,000 shares
Stock Option (right to buy) granted to director
Exercise price
$2.4600 per share
Conversion or exercise price of stock option
Expiration date
June 9, 2036
Option expiration date
Vesting date trigger
June 10, 2027
100% vesting on earlier of this date or pre-annual meeting
Underlying shares
37,000 shares
Underlying Nkarta common stock for the option
Key Terms
Stock Option (right to buy), Common Stock, change in control, disability, +1 more
5 terms
Stock Option (right to buy) financial
"security_title: Stock Option (right to buy)"
Common Stock financial
"underlying_security_title: Common Stock"
Common stock represents ownership shares in a company, giving investors a stake in its success and a say in important decisions through voting rights. It is the most common type of stock traded on markets and can provide income through dividends, as well as potential for value growth. For investors, holding common stock means sharing in the company’s profits and risks.
change in control financial
"will become fully vested should a "change in control" of the Issuer occur"
A "change in control" occurs when the ownership or management of a company shifts significantly, such as through a merger, acquisition, or sale of a large part of its assets. This change can impact how the company is run and may influence its future direction. For investors, it matters because it can affect the company's stability, strategy, and value, often signaling potential changes in investment risk or opportunity.
disability financial
"separation from service with the Issuer due to the Reporting Person's death or "disability""
annual meeting of the Issuer's stockholders financial
"the first annual meeting of the Issuer's stockholders to occur after the date of grant"
FAQ
What did Nkarta (NKTX) director George Simeon report in this Form 4?
George Simeon reported receiving a stock option to acquire 37,000 Nkarta common shares. The option is a derivative security with a fixed exercise price and specific vesting and expiration terms detailed in the filing’s footnote.
What are the key terms of George Simeon’s Nkarta (NKTX) stock option grant?
The option covers 37,000 shares of Nkarta common stock at an exercise price of $2.4600 per share. It expires on June 9, 2036 and is held directly by Simeon according to the ownership information disclosed.
When do George Simeon’s Nkarta (NKTX) options vest under this award?
All 37,000 option shares vest 100% on the earlier of June 10, 2027 or the day immediately before Nkarta’s first annual stockholder meeting after the grant date, according to the vesting schedule described in the footnote.
Are there accelerated vesting conditions for George Simeon’s Nkarta (NKTX) options?
Yes. Any unvested portion of the option becomes fully vested if a defined “change in control” of Nkarta occurs, or if Simeon’s service ends due to death or “disability,” as those terms are described in the applicable award agreement.
How many Nkarta (NKTX) derivative securities does George Simeon hold after this transaction?
After this transaction, Simeon holds stock options covering 37,000 shares of Nkarta common stock. The filing’s total_shares_following_transaction field for this derivative security shows 37,000, matching the size of the newly granted award.