Freenome director reports option and share holdings
Freenome, Inc. director Scott Randal W. filed an initial statement of beneficial ownership, reporting common stock and stock option positions.
Rhea-AI Filing Summary
Freenome, Inc. director Scott Randal W. filed an initial statement of beneficial ownership, reporting common stock and stock option positions. He holds 12235.0000 Freenome common shares directly and 91969.0000 shares indirectly through Thinking Bench Capital, LLC, for which he disclaims beneficial ownership except for any pecuniary interest. He also reports several stock options over common stock, including an option over 71476.0000 shares at an exercise price of $2.83 expiring in 2028 and additional smaller grants with exercise prices from $8.45 to $18.24, some fully vested and others vesting in 48 equal monthly installments beginning in 2023 or 2024.
Positive
- None.
Negative
- None.
Insider Trade Summary
9 transactions reported
Mixed
9 txns
Insider
Scott Randal W.
Role
Director
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| holding | Stock Option (right to buy) F2 | -- | -- | -- |
| holding | Stock Option (right to buy) F5, F2 | -- | -- | -- |
| holding | Stock Option (right to buy) F5, F2 | -- | -- | -- |
| holding | Stock Option (right to buy) F5, F3 | -- | -- | -- |
| holding | Stock Option (right to buy) F5, F4 | -- | -- | -- |
| holding | Stock Option (right to buy) F5, F2 | -- | -- | -- |
| holding | Stock Option (right to buy) F2 | -- | -- | -- |
| holding | Common Stock | -- | -- | -- |
| holding | Common Stock F1 | -- | -- | -- |
Holdings After Transaction:
Stock Option (right to buy) — 107,686 contracts (Direct);
Common Stock — 12,235 shares (Direct);
Common Stock — 91,969 shares (Indirect, By Thinking Bench Capital, LLC)
Footnotes (5)
- F1. Represents shares held by Thinking Bench Capital, LLC. The Reporting Person disclaims beneficial ownership of such shares for purposes of Section 16 of the Securities Exchange Act of 1934, as amended (the "Exchange Act"), except to the extent of his pecuniary interest therein, if any. This report shall not be deemed an admission that he is a beneficial owner of such shares for the purpose of Section 16 of the Exchange Act, or for any other purpose.
- F2. The shares subject to this option are fully vested.
- F3. The shares subject to this option shall vest and become exercisable in forty-eight (48) equal monthly installments commencing from February 28, 2023, subject to the Reporting Person's continued service on each such vesting date.
- F4. The shares subject to this option shall vest and become exercisable in forty-eight (48) equal monthly installments commencing from March 2, 2024, subject to the Reporting Person's continued service on each such vesting date.
- F5. 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 shares: 12235.0000 shares
Indirect common shares via LLC: 91969.0000 shares
Option underlying shares at $2.83: 71476.0000 shares
+3 more
6 metrics
Direct common shares
12235.0000 shares
Direct Freenome common stock holding reported on Form 3
Indirect common shares via LLC
91969.0000 shares
Indirect Freenome common stock held by Thinking Bench Capital, LLC
Option underlying shares at $2.83
71476.0000 shares
Common shares underlying a stock option exercisable at $2.83, expiring 2028-07-25
Option underlying shares at $15.91 (1)
6061.0000 shares
Common shares underlying a stock option exercisable at $15.91, expiring 2032-04-26
Largest later-dated option grant
9588.0000 shares
Common shares underlying a stock option at $14.00, expiring 2035-05-28
Monthly vesting installments
48 installments
Certain options vest in 48 equal monthly installments from 2023 or 2024
Key Terms
Stock Option (right to buy), beneficial ownership, pecuniary interest, Section 16 of the Securities Exchange Act of 1934
4 terms
Stock Option (right to buy) financial
"Reports holdings of Stock Option (right to buy) over common shares"
beneficial ownership regulatory
"The Reporting Person disclaims beneficial ownership of such shares for purposes of Section 16"
Beneficial ownership means the person or entity that actually enjoys the benefits of owning shares or other assets — such as receiving dividends, voting rights, or price gains — even if the legal title is held in another name. For investors it matters because knowing who truly controls and profits from a company reveals who can influence decisions, exposes potential conflicts of interest or hidden concentration of power, and affects transparency and risk in the stock.
pecuniary interest financial
"except to the extent of his pecuniary interest therein, if any"
Section 16 of the Securities Exchange Act of 1934 regulatory
"for purposes of Section 16 of the Securities Exchange Act of 1934, as amended"
A provision of federal securities law that requires company insiders—directors, officers and large shareholders—to publicly report their stock holdings and trades and to surrender any “short-swing” profits from purchases and sales within a six-month window. It acts like a rule that forces leaders to announce their trades and prevents quick buy-sell windfalls, giving investors transparency into insider activity and reducing opportunities for unfair gain.
FAQ
AI-generated questions and answers. How Rhea-AI works. Not financial advice.
What does Scott Randal W. report owning in Freenome (FRNM) on this Form 3?
He reports direct and indirect holdings of Freenome common stock and several stock option grants. Directly, he holds 12235.0000 shares; indirectly, 91969.0000 shares via Thinking Bench Capital, LLC, which he disclaims except for any pecuniary interest. He also reports multiple options over common shares.
What stock option positions does Scott Randal W. report in Freenome (FRNM)?
He reports several stock options over Freenome common stock, including one covering 71476.0000 underlying shares at a $2.83 exercise price expiring in 2028. Additional grants cover 6061.0000, 3359.0000, 7359.0000, 9588.0000 and 6484.0000 underlying shares with exercise prices from $8.45 to $18.24.
How do the Freenome (FRNM) stock options held by Scott Randal W. vest?
One option is described as fully vested, while others vest in 48 equal monthly installments. Vesting schedules start from February 28, 2023, or March 2, 2024, and remain subject to his continued service on each applicable vesting date.
Are there any special terms affecting the exercise price of Scott Randal W.’s Freenome (FRNM) options?
Yes. A footnote explains that one option was previously amended so its exercise price will automatically be reduced to $8.45 upon the occurrence of certain events. This provision applies specifically to options currently showing a higher stated exercise price in the filing.
AI-generated analysis. How Rhea-AI works. Not financial advice.
