Oncolytics Biotech (NASDAQ: ONCY) grants director 30,000 options
Filing Impact
Filing Sentiment
Form Type
4
Rhea-AI Filing Summary
Oncolytics Biotech Inc. reported that director Angela Holtham received a grant of stock options covering 30,000 common shares. The options have an exercise price of $1.06 per share, equal to the Nasdaq Capital Market closing price on June 1, 2026, and expire on June 1, 2036.
The grant vests in three equal annual installments, with the first tranche vesting on June 1, 2027, conditioned on her continued service or employment on each vesting date. This is a compensation-related award rather than an open-market share purchase or sale.
Positive
- None.
Negative
- None.
Insider Trade Summary
1 transaction reported
Mixed
1 txn
Insider
Holtham Angela
Role
null
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Grant/Award | Stock Option | 30,000 | $0.00 | -- |
Holdings After Transaction:
Stock Option — 30,000 shares (Direct, null)
Footnotes (1)
- The exercise price is equal to the closing price of the Issuer's common stock on the Nasdaq Capital Market on the date of grant, June 1, 2026. The stock option vests in three equal annual installments with the first tranche vesting on June 1, 2027, subject to the Reporting Person's continued service or employment, as applicable, on each such vesting date.
Key Figures
Stock options granted: 30,000 options
Exercise price: $1.06 per share
Expiration date: June 1, 2036
+1 more
4 metrics
Stock options granted
30,000 options
Grant to director Angela Holtham on June 1, 2026
Exercise price
$1.06 per share
Equal to Nasdaq Capital Market closing price on June 1, 2026
Expiration date
June 1, 2036
Option term for 30,000 granted stock options
Underlying common shares
30,000 shares
Common shares underlying the awarded stock options
Key Terms
Stock Option, exercise price, vests in three equal annual installments, Nasdaq Capital Market
4 terms
Stock Option financial
"security_title: Stock Option with underlying security title Common Shares"
A stock option is a contract that gives you the right to buy or sell a company's stock at a specific price within a certain time frame. People use them to potentially make money if the stock's price moves favorably or to protect against losses. It's like holding a coupon that can be used to buy or sell stock at a set price later on.
exercise price financial
"The exercise price is equal to the closing price of the Issuer's common stock"
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.
vests in three equal annual installments financial
"The stock option vests in three equal annual installments with the first tranche vesting"
Nasdaq Capital Market financial
"closing price of the Issuer's common stock on the Nasdaq Capital Market on the date of grant"
The Nasdaq Capital Market is a platform where smaller, emerging companies can list their shares for trading by investors. It provides these companies with access to funding and visibility, helping them grow, much like a local marketplace where new vendors can introduce their products to potential customers. For investors, it offers opportunities to discover early-stage companies with growth potential.
FAQ
What did Angela Holtham report in this Form 4 for ONCY?
Angela Holtham reported receiving a grant of stock options for 30,000 common shares of Oncolytics Biotech Inc. The award is a compensation grant, not an open-market transaction, and was made on June 1, 2026.
What is the exercise price of Angela Holtham’s ONCY stock options?
The stock options granted to Angela Holtham have an exercise price of $1.06 per share. This price equals the closing price of Oncolytics’ common stock on the Nasdaq Capital Market on the June 1, 2026 grant date.
How and when do Angela Holtham’s ONCY stock options vest?
Angela Holtham’s 30,000 stock options vest in three equal annual installments. The first tranche vests on June 1, 2027, with remaining tranches vesting annually thereafter, subject to her continued service or employment on each vesting date.
When do Angela Holtham’s ONCY stock options expire?
The granted stock options expire on June 1, 2036. After that expiration date, any unexercised portion of the 30,000 options can no longer be used to purchase Oncolytics Biotech common shares at the $1.06 exercise price.