NeuroPace (NPCE) director granted 789 shares as quarterly fee award
Filing Impact
Filing Sentiment
Form Type
4
Rhea-AI Filing Summary
NeuroPace director Uri Geiger received a stock award of 789 shares of common stock at $15.63 per share. The shares were issued under the company’s non-employee director compensation policy in lieu of quarterly cash retainer fees, so this is a routine compensation-related acquisition rather than an open-market purchase.
After this award, Geiger holds 18,537 NeuroPace shares directly. Separately, 4,432,948 shares are held indirectly through Accelmed Partners II LP, an entity over which he has sole voting and dispositive power via his role at Accelmed Partners II, LLC.
Positive
- None.
Negative
- None.
Insider Trade Summary
2 transactions reported
Mixed
2 txns
Insider
Geiger Uri
Role
null
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Grant/Award | Common Stock | 789 | $15.63 | $12K |
| holding | Common Stock | -- | -- | -- |
Holdings After Transaction:
Common Stock — 18,537 shares (Direct, null);
Common Stock — 4,432,948 shares (Indirect, See footnote)
Footnotes (1)
- These shares were issued to the Reporting Person pursuant to the Issuer's non-employee director compensation policy in lieu of quarterly retainer fees. Shares are held by Accelmed Partners II LP. Accelmed Partners II, LLC ("Accelmed LLC") is the general partner of Accelmed Partners II GP, L.P., which is the general partner of Accelmed Partners II LP. Uri Geiger is the managing partner of Accelmed LLC and has sole voting and dispositive power with respect to the shares held by Accelmed Partners II LP. Dr. Geiger, a member of our board of directors, is a General Partner at Accelmed LLC.
Key Figures
Director stock award: 789 shares
Grant price: $15.63 per share
Direct holdings after award: 18,537 shares
+1 more
4 metrics
Director stock award
789 shares
Common stock grant in lieu of quarterly retainer fees
Grant price
$15.63 per share
Price used for the 789-share director award
Direct holdings after award
18,537 shares
NeuroPace common stock directly owned by Uri Geiger after the grant
Indirect holdings via Accelmed Partners II LP
4,432,948 shares
Shares held indirectly where Geiger has sole voting and dispositive power
Key Terms
non-employee director compensation policy, quarterly retainer fees, voting and dispositive power, indirect ownership
4 terms
non-employee director compensation policy financial
"These shares were issued to the Reporting Person pursuant to the Issuer's non-employee director compensation policy in lieu of quarterly retainer fees."
quarterly retainer fees financial
"pursuant to the Issuer's non-employee director compensation policy in lieu of quarterly retainer fees."
voting and dispositive power financial
"Uri Geiger is the managing partner of Accelmed LLC and has sole voting and dispositive power with respect to the shares held by Accelmed Partners II LP."
indirect ownership financial
"Shares are held by Accelmed Partners II LP... has sole voting and dispositive power with respect to the shares held by Accelmed Partners II LP."
FAQ
What did NeuroPace (NPCE) director Uri Geiger report in this Form 4?
Director Uri Geiger reported receiving 789 shares of NeuroPace common stock as a stock award. These shares were granted under the non-employee director compensation policy, replacing his quarterly cash retainer, and increased his directly held stake in the company.