Obsidian Therapeutics director reports option holdings
Obsidian Therapeutics, Inc. director Matthew Norkunas reported his initial equity holdings.
Rhea-AI Filing Summary
Obsidian Therapeutics, Inc. director Matthew Norkunas reported his initial equity holdings. He holds stock options to acquire 180,000 shares of common stock at an exercise price of $0.7800 per share expiring May 24, 2033, and additional options over 51,563 shares at the same exercise price expiring June 24, 2034. These options vest in sixteen equal quarterly installments starting June 30, 2023 and June 25, 2024, respectively, subject to his continued service. He also directly holds 30,937 shares of common stock.
Positive
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Negative
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Insider Trade Summary
3 transactions reported
Mixed
3 txns
Insider
Norkunas Matthew
Role
Director
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| holding | Stock Option (Right to Buy) F1 | -- | -- | -- |
| holding | Stock Option (Right to Buy) F2 | -- | -- | -- |
| holding | Common Stock | -- | -- | -- |
Holdings After Transaction:
Stock Option (Right to Buy) — 231,563 contracts (Direct);
Common Stock — 30,937 shares (Direct)
Footnotes (2)
- F1. The shares underlying this option vest in sixteen (16) equal quarterly installments following June 30, 2023, subject to the Reporting Person's continued service on each such vesting date.
- F2. The shares underlying this option vest in sixteen (16) equal quarterly installments following June 25, 2024, subject to the Reporting Person's continued service on each such vesting date.
Key Figures
Option underlying shares (2033 expiry): 180,000 shares
Option underlying shares (2034 expiry): 51,563 shares
Exercise price: $0.7800 per share
+2 more
5 metrics
Option underlying shares (2033 expiry)
180,000 shares
Stock Option (Right to Buy) expiring May 24, 2033
Option underlying shares (2034 expiry)
51,563 shares
Stock Option (Right to Buy) expiring June 24, 2034
Exercise price
$0.7800 per share
Exercise price for both reported stock option grants
Direct common shares held
30,937 shares
Directly held common stock following the reported holdings
Vesting installments
16 quarterly installments
Each option grant vests in sixteen equal quarterly installments
Key Terms
Stock Option (Right to Buy), underlying security, vesting
3 terms
Stock Option (Right to Buy) financial
"security_title "Stock Option (Right to Buy)" with underlying common stock"
underlying security financial
"underlying_security_title "Common Stock" for each stock option grant"
vesting financial
"shares underlying this option vest in sixteen (16) equal quarterly installments"
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.
FAQ
AI-generated questions and answers. How Rhea-AI works. Not financial advice.
What insider position did Matthew Norkunas report at Obsidian Therapeutics (OBX)?
Matthew Norkunas, a director of Obsidian Therapeutics, reported initial holdings consisting of common stock and stock options to acquire additional common shares, all held directly.
How many Obsidian Therapeutics (OBX) options does Matthew Norkunas hold and at what exercise price?
He holds options over 180,000 and 51,563 shares of Obsidian Therapeutics common stock, each with an exercise price of $0.7800 per share, subject to vesting schedules.
When do Matthew Norkunas’s Obsidian Therapeutics (OBX) stock options expire?
His reported stock options expire on May 24, 2033 for 180,000 underlying shares and June 24, 2034 for 51,563 underlying shares of Obsidian Therapeutics common stock.
What is the vesting schedule for Matthew Norkunas’s Obsidian Therapeutics (OBX) options?
Each option grant vests in sixteen equal quarterly installments, one starting after June 30, 2023 and the other after June 25, 2024, contingent on his continued service on each vesting date.
AI-generated analysis. How Rhea-AI works. Not financial advice.