Olema (OLMA) director Garland J. Scott awarded 29,500 stock options at $9.51
Filing Impact
Filing Sentiment
Form Type
4
Rhea-AI Filing Summary
Olema Pharmaceuticals director Garland J. Scott received a grant of stock options covering 29,500 shares of common stock. The options have an exercise price of $9.51 per share and expire on June 18, 2036. Following this grant, Scott holds options for 29,500 shares directly.
The options vest in 12 equal monthly installments starting on June 18, 2026, subject to continuous service. Any unvested portion will vest in full on the date of Olema’s next annual stockholder meeting if the option is not already fully vested by then.
Positive
- None.
Negative
- None.
Insider Trade Summary
1 transaction reported
Mixed
1 txn
Insider
Garland J. Scott
Role
null
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Grant/Award | Stock Option (right to buy) | 29,500 | $0.00 | -- |
Holdings After Transaction:
Stock Option (right to buy) — 29,500 shares (Direct, null)
Footnotes (1)
- [object Object]
Key Figures
Options granted: 29,500 shares
Exercise price: $9.51 per share
Shares underlying options: 29,500 shares
+3 more
6 metrics
Options granted
29,500 shares
Stock Option (right to buy) grant to director
Exercise price
$9.51 per share
Strike price for stock option grant
Shares underlying options
29,500 shares
Common Stock underlying derivative security
Expiration date
June 18, 2036
Option expiration for this grant
Post-grant derivative holdings
29,500 options
Total shares following transaction (derivative)
Monthly vesting schedule
12 installments
Equal monthly vesting starting June 18, 2026
Key Terms
Stock Option (right to buy), exercise price, vest in a series of 12 successive equal monthly installments, expiration date, +1 more
5 terms
Stock Option (right to buy) financial
"security_title: Stock Option (right to buy)"
exercise price financial
"conversion_or_exercise_price: 9.5100"
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 in a series of 12 successive equal monthly installments financial
"The shares subject to the option vest in a series of 12 successive equal monthly installments"
expiration date financial
"expiration_date: 2036-06-18T00:00:00.000Z"
The expiration date is the deadline after which a financial contract, such as an option or a futures agreement, is no longer valid or can be exercised. It matters to investors because it determines the timeframe during which they can take action or benefit from the contract, similar to how a coupon or a food item has a limited period of usefulness. Once the expiration date passes, the contract loses its value or ability to be used.
annual meeting of stockholders financial
"Such shares vest in full on the date of the Issuer's next annual meeting of stockholders"
FAQ
What did Garland J. Scott receive in this Olema (OLMA) Form 4 filing?
Garland J. Scott received a grant of stock options for 29,500 shares. These options give him the right to buy Olema common stock at a fixed price, serving as equity-based compensation tied to his continued service as a director.
What is the exercise price of Garland J. Scott’s Olema (OLMA) stock options?
The stock options have an exercise price of $9.51 per share. This means Scott can buy Olema common stock at $9.51 regardless of the market price when he eventually exercises the vested portion of the options.
How do Garland J. Scott’s Olema (OLMA) stock options vest over time?
The 29,500 options vest in 12 equal monthly installments starting June 18, 2026. Vesting requires Scott’s continuous service through each vesting date, gradually increasing the number of options he is allowed to exercise.
When do Garland J. Scott’s Olema (OLMA) options fully vest at the latest?
Any unvested options vest in full on Olema’s next annual stockholder meeting date. This accelerated vesting occurs only if the option is not otherwise fully vested and Scott continues serving through that meeting date.
When do Garland J. Scott’s Olema (OLMA) stock options expire?
The options expire on June 18, 2036. After that expiration date, any unexercised options will lapse, and Scott will no longer have the right to purchase Olema shares under this specific grant.