Freenome director discloses initial stock holdings
Sentiment and the balance of points
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Form Type
3
Rhea-AI Filing Summary
Freenome, Inc. director Douglas M. Van Oort reports initial beneficial ownership of 20,867 shares of Common Stock held directly, plus three stock options covering 9,588, 32,147 and 6,484 shares of Common Stock at exercise prices of $14.00 and $8.45, expiring in 2035, with specified vesting schedules and a potential automatic reduction of the $14.00 exercise price upon certain events.
Insider Trade Summary
4 transactions reported
Mixed
4 txns
Insider
VAN OORT DOUGLAS M
Role
Director
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| holding | Stock Option (right to buy) F3, F1 | -- | -- | -- |
| holding | Stock Option (right to buy) F3, F2 | -- | -- | -- |
| holding | Stock Option (right to buy) F1 | -- | -- | -- |
| holding | Common Stock | -- | -- | -- |
Holdings After Transaction:
Stock Option (right to buy) — 48,219 contracts (Direct);
Common Stock — 20,867 shares (Direct)
Footnotes (3)
- F1. The shares subject to this option are fully vested.
- F2. 25% of the shares subject to this option shall vest and become exercisable on June 3, 2025 with the remainder vesting in thirty-six (36) equal monthly installments thereafter, subject to the Reporting Person's continued service on each such vesting date.
- F3. This option was previously amended, pursuant to which the exercise price of the option will be automatically reduced to $8.45 upon the occurrence of certain events.
Key Figures
Direct Common Stock holdings: 20,867 shares
Option 1 underlying shares: 9,588 shares at $14.00
Option 2 underlying shares: 32,147 shares at $14.00
+2 more
5 metrics
Direct Common Stock holdings
20,867 shares
Directly held Freenome Common Stock as of 2026-07-20
Option 1 underlying shares
9,588 shares at $14.00
Stock option on Common Stock expiring 2035-05-28; fully vested
Option 2 underlying shares
32,147 shares at $14.00
Stock option on Common Stock expiring 2035-05-28; 25% vests June 3, 2025, remainder over 36 months
Option 3 underlying shares
6,484 shares at $8.45
Stock option on Common Stock expiring 2035-10-23; fully vested
Potential exercise price reduction
$14.00 to $8.45
Certain options’ exercise price automatically reduces to $8.45 upon specified events
Key Terms
Stock Option (right to buy), exercise price, vest, equal monthly installments
4 terms
Stock Option (right to buy) financial
"security_title: Stock Option (right to buy)"
exercise price financial
"the exercise price of the option will be automatically reduced to $8.45"
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 financial
"25% of the shares subject to this option shall vest and become exercisable"
A vest is the process by which an employee earns the right to receive certain benefits or ownership interests, such as stock or retirement funds, over time. It’s similar to earning a reward gradually, ensuring that the benefit becomes fully yours only after a set period or meeting specific conditions. This makes it important for investors because it determines when they can actually claim or use those benefits.
equal monthly installments financial
"the remainder vesting in thirty-six (36) equal monthly installments thereafter"
FAQ
AI-generated questions and answers. How Rhea-AI works. Not financial advice.
What common stock holdings does FRNM director Douglas M. Van Oort report?
Douglas M. Van Oort reports direct beneficial ownership of 20,867 shares of Freenome, Inc. Common Stock. These shares are listed as directly held, providing a baseline view of his equity position alongside his separate stock option awards.
Are any of Douglas M. Van Oort’s FRNM options already vested?
Yes. One option, covering 9,588 shares, is fully vested, and another, covering 6,484 shares, is also fully vested. A third option over 32,147 shares vests 25% on June 3, 2025, with the balance vesting in 36 equal monthly installments.
Can the exercise price of any FRNM options held by Van Oort change?
Yes. For certain options with a stated $14.00 exercise price, the exercise price will automatically reduce to $8.45 upon the occurrence of specified events. This contractual adjustment feature is explicitly described in the option’s terms.
When do Douglas M. Van Oort’s FRNM stock options expire?
Two option grants with a stated $14.00 exercise price expire on May 28, 2035. A third option with an $8.45 exercise price expires on October 23, 2035, providing long-dated potential equity exposure.
AI-generated analysis. How Rhea-AI works. Not financial advice.
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