Vaxcyte director granted RSUs and stock options
Vaxcyte, Inc. director Teri Loxam reported receiving equity-based compensation.
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Rhea-AI Filing Summary
Vaxcyte, Inc. director Teri Loxam reported receiving equity-based compensation. The filing shows a grant of 2,265 shares of Common Stock underlying restricted stock units (RSUs) and a separate grant of stock options covering 11,389 shares of Common Stock.
The RSUs vest in full on the earlier of June 15, 2027 or the day prior to the next annual meeting of stockholders, subject to continuous service, and delivery has been deferred under the company’s Nonqualified RSU Deferral Program for Non-Employee Directors. The stock options have an exercise price of $49.56 per share, vest monthly on the same schedule, and expire on June 15, 2036. Following the RSU grant, Loxam directly holds 12,481 shares of Common Stock.
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 |
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
Stock Option (right to buy) financial
FAQ
AI-generated questions and answers. How Rhea-AI works. Not financial advice.
What insider transaction did Vaxcyte (PCVX) director Teri Loxam report?
How many Vaxcyte (PCVX) RSUs did Teri Loxam receive in this Form 4?
What stock options were granted to Teri Loxam by Vaxcyte (PCVX)?
When do Teri Loxam’s Vaxcyte (PCVX) RSUs and options vest?
What is the deferral arrangement for Teri Loxam’s Vaxcyte (PCVX) RSUs?
AI-generated analysis. How Rhea-AI works. Not financial advice.