PharmaCyte Biotech (PMCB) director receives 119,170 stock options at $0.67
Filing Impact
Filing Sentiment
Form Type
4
Rhea-AI Filing Summary
PharmaCyte Biotech, Inc. director Michael M. Abecassis received a grant of stock options covering 119,170 shares of common stock. The options have an exercise price of $0.67 per share and expire on March 30, 2036. According to the terms, the options vest in full on the date of the company’s next annual meeting of stockholders, subject to his continued service.
Positive
- None.
Negative
- None.
Insider Trade Summary
1 transaction reported
Mixed
1 txn
Insider
Abecassis Michael M
Role
Director
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Grant/Award | Stock Option (Right to Buy) | 119,170 | $0.00 | -- |
Holdings After Transaction:
Stock Option (Right to Buy) — 119,170 shares (Direct)
Footnotes (1)
- [object Object]
Key Figures
Options granted: 119,170 options
Exercise price: $0.67 per share
Expiration date: March 30, 2036
+2 more
5 metrics
Options granted
119,170 options
Stock option grant to director on March 31, 2026
Exercise price
$0.67 per share
Strike price for the 119,170 underlying common shares
Expiration date
March 30, 2036
Option term end for director grant
Underlying shares
119,170 shares
Common stock underlying the option award
Post-grant derivative holdings
119,170 options
Total derivative securities beneficially owned after transaction
Key Terms
Stock Option (Right to Buy), exercise price, expiration date, vest in full, +1 more
5 terms
Stock Option (Right to Buy) financial
"security_title: Stock Option (Right to Buy)"
exercise price financial
"conversion_or_exercise_price: 0.6700"
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: 2036-03-30T00:00:00.000Z"
The expiration date is the deadline after which a financial contract, such as an option or a futures agreement, is no longer valid or can be exercised.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 in full financial
"The options shall vest in full on the date of the Issuer's next annual meeting"
grant, award, or other acquisition financial
"transaction_code_description: Grant, award, or other acquisition"
FAQ
What did Michael M. Abecassis do in this Form 4 for PMCB?
Michael M. Abecassis received a grant of stock options for 119,170 shares of PharmaCyte Biotech common stock. These options are a form of equity compensation and give him the right to buy shares at a fixed exercise price in the future.
What are the key terms of the stock options granted to Abecassis at PharmaCyte Biotech (PMCB)?
The grant covers 119,170 underlying common shares with an exercise price of $0.67 per share. The options expire on March 30, 2036, providing a long exercise window if vesting conditions tied to his continued board service are satisfied.
When do Michael Abecassis’s PharmaCyte Biotech stock options vest?
The options vest in full on the date of PharmaCyte Biotech’s next annual meeting of stockholders. Vesting is conditional on Abecassis continuing his service as a director through that date, as specified in the footnote to the Form 4.
Is this PMCB Form 4 a stock purchase or a compensation grant?
This Form 4 reports a compensation grant, not an open-market stock purchase. Abecassis received stock options with a $0.67 exercise price, meaning he did not pay cash to buy shares now but gained the right to buy in the future if he chooses.
How many PharmaCyte Biotech derivative securities does Abecassis hold after this transaction?
Following the reported transaction, Abecassis holds 119,170 stock options linked to PharmaCyte Biotech common stock. This reflects the full amount of the new grant, as indicated by the total derivative securities beneficially owned after the award on the Form 4.