Precigen CFO granted RSUs and stock options
Precigen, Inc.’s Chief Financial Officer Harry Thomasian Jr. reported compensation-related equity grants.
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Form Type
4
Rhea-AI Filing Summary
Precigen, Inc.’s Chief Financial Officer Harry Thomasian Jr. reported compensation-related equity grants. He received 120,000 Restricted Stock Units, each representing one share of Precigen common stock, and options on 399,000 shares of common stock at an exercise price of $4.11 per share.
The options vest 25% on May 23, 2027, then in equal monthly installments for three years. The RSUs vest 25% on May 23, 2027, then in equal six‑month installments for three years. The filing shows no open‑market purchases or sales, only awards granted.
Insider Trade Summary
Grant/Award: 519,000 shares
Grant/Award
2 txns
Insider
Thomasian Harry Jr.
Role
Chief Financial Officer
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Grant/Award | Option to Purchase Common Stock (Right to Buy) | 399,000 | $0.00 | $0.00 |
| Grant/Award | Restricted Stock Units | 120,000 | $0.00 | $0.00 |
Holdings After Transaction:
Option to Purchase Common Stock (Right to Buy) — 399,000 contracts (Direct);
Restricted Stock Units — 120,000 contracts (Direct)
Footnotes (3)
- F1. The options vest 25% on May 23, 2027 and in equal monthly installments for three years thereafter.
- F2. Each restricted stock unit ("RSU") represents a contingent right to receive one share of Precigen common stock.
- F3. The RSUs vest 25% on May 23, 2027 and in equal six-month installments for three years thereafter.
Key Figures
RSU grant: 120,000 units
Option grant size: 399,000 options
Option exercise price: $4.11 per share
+4 more
7 metrics
RSU grant
120,000 units
Restricted Stock Units representing common stock awarded to CFO
Option grant size
399,000 options
Options to purchase common stock awarded to CFO
Option exercise price
$4.11 per share
Strike price for options to purchase Precigen common stock
Option expiration
April 20, 2036
Expiration date of the granted stock options
RSUs following transaction
120,000 units
Total RSUs held from this award after the transaction
Options following transaction
399,000 options
Total options held from this award after the transaction
Initial vesting date
May 23, 2027
Start of vesting for both options and RSUs
Key Terms
Restricted Stock Units, exercise price, expiration date, vesting, +1 more
5 terms
Restricted Stock Units financial
"security_title: "Restricted Stock Units""
Restricted stock units are a type of company reward where employees are promised shares of stock, but they only fully own these shares after meeting certain conditions, like staying with the company for a set time. They matter because they can become valuable assets and are often used to motivate employees to help the company succeed.
exercise price financial
"conversion_or_exercise_price: "4.1100" per share for the options"
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.
expiration date financial
"expiration_date: "2036-04-20T00:00:00.000Z" for the options grant"
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.
vesting financial
"The options vest 25% on May 23, 2027 and monthly thereafter"
Vesting is the process by which you earn full ownership of something, like company stock or a retirement benefit, over time. It’s like earning the right to keep a gift piece by piece the longer you stay with a company, making sure employees stay committed before they receive all the benefits.
underlying security financial
"underlying_security_title: "Common Stock" for both awards"
FAQ
AI-generated questions and answers. How Rhea-AI works. Not financial advice.
What equity awards did Precigen (PGEN) grant its CFO in this Form 4?
Precigen granted CFO Harry Thomasian Jr. 120,000 Restricted Stock Units and options to purchase 399,000 shares of common stock. These awards are part of his compensation and provide potential future ownership if vesting and, for options, exercise conditions are met.
What is the exercise price and term of the new Precigen (PGEN) stock options?
The options granted to the CFO carry an exercise price of $4.11 per share and expire on April 20, 2036. They give him the right, but not the obligation, to buy Precigen common shares at this price once vested.
How do the new Precigen (PGEN) options and RSUs vest over time?
Both awards start vesting on May 23, 2027. Options vest 25% on that date, then in equal monthly installments over three additional years. RSUs vest 25% on that date, then in equal six‑month installments across the same three‑year period.
What are the CFO’s holdings from these newly reported Precigen (PGEN) awards?
Following the reported transactions, the CFO holds 120,000 Restricted Stock Units and options for 399,000 underlying common shares from these grants. Actual share delivery depends on vesting and, for options, his choice to exercise at the stated price.
AI-generated analysis. How Rhea-AI works. Not financial advice.
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