NeuroOne CAO granted options on 12,500 shares
NEUROONE MEDICAL TECHNOLOGIES Corp (NMTC) reported that Chief Administrative Officer Emily J. Johns received a grant of stock options.
Rhea-AI Filing Summary
NEUROONE MEDICAL TECHNOLOGIES Corp (NMTC) reported that Chief Administrative Officer Emily J. Johns received a grant of stock options. The award covers 12,500 options to purchase common shares at an exercise price of $1.77 per share, expiring on August 27, 2036. Following this grant, she holds 12,500 options. According to the vesting terms, 25% of the options will vest on August 28, 2027, and the remaining 75% will vest in 12 equal quarterly installments thereafter.
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Insider Trade Summary
Grant/Award: 12,500 shares
Grant/Award
1 txn
Insider
Johns Emily J.
Role
Chief Administrative Officer
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Grant/Award | Option to Purchase Common Stock F1 | 12,500 | $0.00 | $0.00 |
Holdings After Transaction:
Option to Purchase Common Stock — 12,500 contracts (Direct)
Footnotes (1)
- F1. 25% will vest on August 28, 2027, and the remaining 75% will vest in 12 equal quarterly installments.
Key Figures
Options Granted: 12,500 options
Exercise Price: $1.77 per share
Expiration Date: August 27, 2036
+3 more
6 metrics
Options Granted
12,500 options
Grant of options to purchase NMTC common stock reported by Emily J. Johns
Exercise Price
$1.77 per share
Conversion or exercise price of the newly granted options
Expiration Date
August 27, 2036
Expiration date of the reported stock option grant
Initial Vesting Portion
25%
Portion of options vesting on August 28, 2027
Remaining Vesting Portion
75%
Portion of options vesting in 12 equal quarterly installments after August 28, 2027
Underlying Shares
12,500 shares
Common shares underlying the reported stock options
Key Terms
Option to Purchase Common Stock, vesting, quarterly installments
3 terms
Option to Purchase Common Stock financial
"security_title: Option to Purchase Common Stock"
vesting financial
"25% will vest on August 28, 2027, and the remaining 75% will vest"
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.
quarterly installments financial
"the remaining 75% will vest in 12 equal quarterly installments"
FAQ
What insider transaction did NMTC report for Emily J. Johns?
NMTC reported that Emily J. Johns, Chief Administrative Officer, received a grant of 12,500 stock options to purchase common stock at an exercise price of $1.77 per share, expiring on August 27, 2036. This award was reported as an acquisition of derivative securities.
What is the exercise price of the new NMTC stock options granted to Emily J. Johns?
The stock options granted to Emily J. Johns have an exercise price of $1.77 per share for NMTC common stock. This price applies to all 12,500 options covered by the reported award.
How many NMTC options does Emily J. Johns hold after this transaction?
After the reported transaction, Emily J. Johns holds 12,500 options to purchase NMTC common stock. The filing lists these options as held with direct ownership following the grant.
What are the vesting terms of Emily J. Johns’s NMTC option grant?
The vesting terms state that 25% of the options will vest on August 28, 2027. The remaining 75% will vest in 12 equal quarterly installments after that date, leading to gradual vesting over time.
When do the newly granted NMTC options to Emily J. Johns expire?
The newly granted NMTC options to Emily J. Johns expire on August 27, 2036. Until that expiration date, vested options may be exercisable at the stated exercise price of $1.77 per share according to the award terms.
AI-generated analysis. How Rhea-AI works. Not financial advice.