Obsidian Therapeutics (OBX) awards 37,653 stock options to director Barrett
Rhea-AI Filing Summary
Barrett Peter reported acquisition or exercise transactions in this Form 4 filing.
Obsidian Therapeutics, Inc. director Peter Barrett received a grant of stock options for 37,653 shares of common stock, exercisable at $12.00 per share. These options expire on August 2, 2036 and represent his entire reported derivative holding after the grant. The options vest and become exercisable upon the earlier of the one-year anniversary of the grant date or the company’s next annual meeting of stockholders, conditioned on his continued service.
Positive
- None.
Negative
- None.
Insider Trade Summary
1 transaction reported
Mixed
1 txn
Insider
Barrett Peter
Role
Director
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Grant/Award | Stock Option (Right to Buy) F1 | 37,653 | $0.00 | $0.00 |
Holdings After Transaction:
Stock Option (Right to Buy) — 37,653 shares (Direct)
Footnotes (1)
- F1. The shares underlying this option shall vest and become exercisable upon the earlier of (i) the one-year anniversary of the grant date or (ii) the date of the Issuer's annual meeting of stockholders following the grant date, subject to the Reporting Person's continued service with the Issuer on such vesting date.
Key Figures
Options granted: 37,653 shares
Exercise price: $12.00 per share
Expiration date: August 2, 2036
+1 more
4 metrics
Options granted
37,653 shares
Stock Option (Right to Buy) granted to director Peter Barrett
Exercise price
$12.00 per share
Conversion or exercise price of the stock option grant
Expiration date
August 2, 2036
Option expiration for the 37,653-share grant
Derivative shares after transaction
37,653
Total derivative securities beneficially owned following the grant
Key Terms
Stock Option (Right to Buy), exercise price, vest and become exercisable, annual meeting of stockholders
4 terms
Stock Option (Right to Buy) financial
"Security title listed as Stock Option (Right to Buy) for the grant"
exercise price financial
"Conversion or exercise price of the option is $12.0000 per share"
The exercise price is the fixed amount at which you can buy or sell an asset, like a stock, when using an options contract. It matters because it helps determine whether exercising the option will be profitable or not, depending on the current market price. Think of it as the set price you agree on today to buy or sell later.
vest and become exercisable financial
"The shares underlying this option shall vest and become exercisable upon the earlier of"
annual meeting of stockholders financial
"earlier of the one-year anniversary of the grant date or the date of the Issuer's annual meeting of stockholders"
FAQ
What did Obsidian Therapeutics (OBX) director Peter Barrett report in this Form 4?
Peter Barrett reported a grant of stock options for 37,653 shares of Obsidian Therapeutics common stock. The options were awarded at an exercise price of $12.00 per share and are his only derivative holdings reported after this transaction.
What is the exercise price and size of the new OBX stock option grant?
The new stock option grant covers 37,653 shares of Obsidian Therapeutics common stock at an exercise price of $12.00 per share. This means Barrett may purchase up to that number of shares at $12.00 once vested and exercisable.
When do Peter Barrett’s new Obsidian Therapeutics (OBX) options vest?
The options vest upon the earlier of one year after the grant date or the date of Obsidian Therapeutics’ next annual meeting of stockholders, provided Barrett continues serving the company through that vesting date.
When do the newly granted OBX stock options to Peter Barrett expire?
The stock options granted to Peter Barrett expire on August 2, 2036. After this expiration date, any unexercised portion of the 37,653-share option grant can no longer be exercised to purchase Obsidian Therapeutics common stock.
How many Obsidian Therapeutics (OBX) options does Peter Barrett hold after this grant?
After this grant, Barrett holds 37,653 stock options as reported derivative securities. The Form 4 lists this amount as the total derivative shares following the transaction, all tied to the newly granted option award.
Is Peter Barrett’s OBX option grant under a Rule 10b5-1 trading plan?
The Form 4 indicates the Rule 10b5-1 checkbox is not marked, so this stock option grant is not reported as being made under a Rule 10b5-1 trading plan. It is disclosed as a compensation-related award.
AI-generated analysis. How Rhea-AI works. Not financial advice.