Moncef Slaoui gets 26,061 Vaxcyte (PCVX) options at $52.11 strike
Filing Impact
Filing Sentiment
Form Type
4
Rhea-AI Filing Summary
Vaxcyte, Inc. director Moncef Slaoui reported receiving a new stock option grant covering 26,061 shares of common stock. The option has an exercise price of $52.11 per share and expires on June 22, 2036.
The award was granted at no cost and is classified as a compensation-related grant, not an open‑market purchase or sale. According to the vesting terms, one‑third of the option will vest on June 17, 2027, with the remaining portion vesting in equal monthly installments over the following 24 months, contingent on his continued service with the company.
Positive
- None.
Negative
- None.
Insider Trade Summary
1 transaction reported
Mixed
1 txn
Insider
Slaoui Moncef
Role
null
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Grant/Award | Stock Option (right to buy) | 26,061 | $0.00 | -- |
Holdings After Transaction:
Stock Option (right to buy) — 26,061 shares (Direct, null)
Footnotes (1)
- [object Object]
Key Figures
Option grant size: 26,061 shares
Exercise price: $52.11 per share
Expiration date: June 22, 2036
+3 more
6 metrics
Option grant size
26,061 shares
Stock Option (right to buy) underlying common stock
Exercise price
$52.11 per share
Conversion or exercise price of stock option
Expiration date
June 22, 2036
Option expiration date
Shares after grant
26,061 derivative securities
Total options following this transaction
Initial cliff vesting
1/3 on June 17, 2027
First vesting tranche of option grant
Ongoing vesting schedule
1/36 monthly thereafter
Remaining vesting over next 24 months
Key Terms
Stock Option (right to buy), Common Stock, Grant, award, or other acquisition, expiration date, +1 more
5 terms
Stock Option (right to buy) financial
"The security is listed as a "Stock Option (right to buy)" tied to common stock."
Common Stock financial
"The underlying security title for the option is identified as "Common Stock.""
Common stock represents ownership shares in a company, giving investors a stake in its success and a say in important decisions through voting rights. It is the most common type of stock traded on markets and can provide income through dividends, as well as potential for value growth. For investors, holding common stock means sharing in the company’s profits and risks.
Grant, award, or other acquisition financial
"The transaction code description states "Grant, award, or other acquisition" for this option."
expiration date financial
"The option carries an expiration date of June 22, 2036 for exercising rights."
The expiration date is the deadline after which a financial contract, such as an option or a futures agreement, is no longer valid or can be exercised. It matters to investors because it determines the timeframe during which they can take action or benefit from the contract, similar to how a coupon or a food item has a limited period of usefulness. Once the expiration date passes, the contract loses its value or ability to be used.
vest monthly financial
"One thirty‑sixth of the option will vest monthly after June 17, 2027, subject to continued service."
FAQ
What insider transaction did Vaxcyte (PCVX) report for Moncef Slaoui?
Vaxcyte reported that director Moncef Slaoui received a grant of stock options for 26,061 shares of common stock. The options are a compensation award, not an open‑market trade, and give him the right to buy shares at a fixed exercise price if they vest.
What is the exercise price of Moncef Slaoui’s new Vaxcyte (PCVX) stock options?
The new stock options granted to Moncef Slaoui have an exercise price of $52.11 per share. This means he can purchase Vaxcyte common stock at that price once the options vest, regardless of the market price at that future time.
How do the newly granted Vaxcyte (PCVX) stock options vest for Moncef Slaoui?
The option vests over 36 months. One‑third of the award vests on June 17, 2027, and the remaining two‑thirds vest in equal monthly installments thereafter, provided Slaoui continues to serve Vaxcyte through each vesting date.
When do Moncef Slaoui’s Vaxcyte (PCVX) stock options expire?
The reported stock option grant to Moncef Slaoui expires on June 22, 2036. After that date, any unexercised portion of the 26,061‑share option will lapse, and he will no longer be able to purchase shares under this specific award.
Is Moncef Slaoui’s Vaxcyte (PCVX) option grant a market purchase or sale?
The filing classifies the transaction as a grant or award acquisition, not a market buy or sell. Slaoui received the option at no cost as part of compensation, and no open‑market purchase or sale of common stock was reported in this transaction.