Vaxcyte director granted RSUs and stock options
Vaxcyte, Inc. director Carlos V. Paya reported new equity awards.
Sentiment and the balance of points
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Rhea-AI Filing Summary
Vaxcyte, Inc. director Carlos V. Paya reported new equity awards. He received 2,265 shares of Common Stock underlying restricted stock units (RSUs) at no cost and 11,389 stock options with a $49.56 exercise price, both granted as compensation.
The RSUs fully vest on the earlier of June 15, 2027 or the day before the next annual stockholder meeting, with delivery deferred under Vaxcyte's Nonqualified RSU Deferral Program for Non-Employee Directors. The options vest monthly on the same schedule and expire on June 15, 2036.
Following these awards, Paya directly holds 6,856 shares of Common Stock and has 5,625 shares held indirectly through a family trust.
Insider Trade Summary
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Grant/Award | Stock Option (right to buy) | 11,389 | $0.00 | $0.00 |
| Grant/Award | Common Stock | 2,265 | $0.00 | $0.00 |
| holding | Common Stock | -- | -- | -- |
Footnotes (2)
- F1. Represents the number of shares of Common Stock underlying restricted stock units ("RSUs"). Each RSU represents the contingent right to receive one share of the Issuer's Common Stock. The RSUs will fully vest on the earlier of June 15, 2027 or the day prior to the next annual meeting of stockholders, subject to acceleration, and subject to the Reporting Person's continuous service through such date. Pursuant to the Issuer's Nonqualified RSU Deferral Program for Non-Employee Directors, the Reporting Person has deferred delivery of all of such vested RSUs to the earlier of (i) a separation from service, or (ii) a qualifying change in control.
- F2. The shares of Common Stock subject to the option will vest monthly and fully vest on the earlier of June 15, 2027 or the day prior to the next annual meeting of stockholders, subject to acceleration, and subject to the Reporting Person's continuous service through such date.
Key Figures
Key Terms
restricted stock units ("RSUs") financial
Nonqualified RSU Deferral Program for Non-Employee Directors financial
separation from service financial
qualifying change in control financial
vest monthly financial
FAQ
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What insider transactions did Vaxcyte (PCVX) director Carlos Paya report?
How many RSUs did Vaxcyte (PCVX) grant to director Carlos Paya?
What are the terms of Carlos Paya’s new Vaxcyte stock options?
How do the Vaxcyte RSUs granted to Carlos Paya vest and settle?
Are Carlos Paya’s Vaxcyte (PCVX) Form 4 transactions open-market buys or sells?
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