Nkarta (NKTX) director receives stock options on 37,000 common shares
Filing Impact
Filing Sentiment
Form Type
4
Rhea-AI Filing Summary
Nkarta, Inc. director George Vratsanos received a grant of stock options covering 37,000 shares of common stock at an exercise price of $2.46 per share. This is a compensation-related award, not an open-market purchase.
All 37,000 option shares vest 100% on the earlier of June 10, 2027 or the day immediately before the first annual stockholder meeting following the grant date. The options become fully vested earlier if there is a qualifying change in control of Nkarta or if Vratsanos separates from service due to death or disability before that time.
Positive
- None.
Negative
- None.
Insider Trade Summary
1 transaction reported
Mixed
1 txn
Insider
Vratsanos George
Role
Director
| 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)
Footnotes (1)
- [object Object]
Key Figures
Option grant size: 37,000 shares
Exercise price: $2.46 per share
Shares underlying option: 37,000 shares
+3 more
6 metrics
Option grant size
37,000 shares
Stock Option (right to buy) granted to director
Exercise price
$2.46 per share
Conversion or exercise price of option
Shares underlying option
37,000 shares
Underlying Nkarta common stock
Post-grant derivative holdings
37,000 options
Total options held after this grant
Vesting date trigger
June 10, 2027
Full vesting or earlier before first annual meeting
Option expiration
June 9, 2036
Expiration date of stock option award
Key Terms
Stock Option (right to buy), change in control, separation from service, disability
4 terms
Stock Option (right to buy) financial
"security_title: Stock Option (right to buy)"
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.
separation from service financial
"upon the Reporting Person's separation from service with the Issuer"
disability financial
"due to the Reporting Person's death or "disability""
FAQ
What did Nkarta (NKTX) director George Vratsanos report on this Form 4?
George Vratsanos reported receiving a grant of stock options for 37,000 shares of Nkarta common stock. These options are compensation, not a market purchase, and give him the right to buy shares at a fixed exercise price of $2.46 per share.
What is the exercise price of George Vratsanos’s Nkarta (NKTX) stock options?
The exercise price of the stock options granted to George Vratsanos is $2.46 per share. This is the fixed price he would pay to buy Nkarta common shares once the options vest and become exercisable under the award’s vesting terms.
When do the newly granted Nkarta (NKTX) options to George Vratsanos vest?
All shares under the option vest 100% on the earlier of June 10, 2027 or the day immediately before Nkarta’s first annual stockholder meeting after the grant date. Until that vesting event, the options generally cannot be exercised.
Do the Nkarta (NKTX) options to George Vratsanos have accelerated vesting protections?
Yes. Any unvested portion of the options becomes fully vested upon a qualifying change in control of Nkarta or if Vratsanos’s service ends due to death or disability. These provisions are described in the applicable award agreement referenced in the disclosure.
When do George Vratsanos’s Nkarta (NKTX) stock options expire?
The stock options granted to George Vratsanos expire on June 9, 2036. After that expiration date, any unexercised portion of the options will lapse, and he will no longer be able to purchase Nkarta common stock under this particular award.