ProMIS Neurosciences (PMN) director granted options on 16,500 shares
Filing Impact
Filing Sentiment
Form Type
4
Rhea-AI Filing Summary
ProMIS Neurosciences Inc. director Eugene Williams reported receiving two option grants to buy common shares. On May 20, 2026, he was awarded options for 11,000 shares and 5,500 shares, each with an exercise price of $10.77 per share and expiring on May 20, 2036.
According to the footnotes, the 11,000-share option vests in full on May 20, 2027, subject to his continued service on the board. For the 5,500-share option, 25% vested upon grant and the remaining shares vest ratably over 36 months, also conditioned on continued board service. These are compensation-related awards, not open‑market purchases.
Positive
- None.
Negative
- None.
Insider Trade Summary
2 transactions reported
Mixed
2 txns
Insider
Williams Eugene
Role
null
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Grant/Award | Option (right to buy) | 5,500 | $0.00 | -- |
| Grant/Award | Option (right to buy) | 11,000 | $0.00 | -- |
Holdings After Transaction:
Option (right to buy) — 5,500 shares (Direct, null)
Footnotes (1)
- The shares subject to this option shall vest in full on May 20, 2027, subject to continued service on the Board. 25% of the shares subject to this option vested upon grant with the remaining shares vesting ratably over thirty-six months, subject to continued service on the Board.
Key Figures
Option grant size: 11,000 options
Additional option grant size: 5,500 options
Exercise price: $10.77 per share
+1 more
4 metrics
Option grant size
11,000 options
Director grant dated May 20, 2026
Additional option grant size
5,500 options
Second director grant dated May 20, 2026
Exercise price
$10.77 per share
Applies to both option grants
Option expiration
May 20, 2036
Expiration date for both grants
Key Terms
Option (right to buy), grant/award acquisition, vest in full, vesting ratably over thirty-six months
4 terms
Option (right to buy) financial
"security_title: "Option (right to buy)""
grant/award acquisition financial
"transaction_action: "grant/award acquisition""
vest in full financial
"The shares subject to this option shall vest in full on May 20, 2027"
vesting ratably over thirty-six months financial
"remaining shares vesting ratably over thirty-six months, subject to continued service"
FAQ
What insider transaction did ProMIS Neurosciences (PMN) report for Eugene Williams?
ProMIS Neurosciences reported that director Eugene Williams received two stock option grants. He was awarded options over 11,000 and 5,500 common shares, both dated May 20, 2026, as part of his board compensation rather than open‑market share purchases.
How many ProMIS Neurosciences (PMN) options did Eugene Williams receive?
Eugene Williams received options covering a total of 16,500 common shares in ProMIS Neurosciences. One grant is for 11,000 shares and another for 5,500 shares, providing the right to buy shares at a preset exercise price if vesting conditions are met.
What is the exercise price of Eugene Williams’s ProMIS (PMN) stock options?
Both of Eugene Williams’s option grants carry an exercise price of $10.77 per share. This is the fixed price at which he can buy ProMIS Neurosciences common shares once the options vest and before they expire on May 20, 2036.
When do Eugene Williams’s ProMIS Neurosciences (PMN) options vest?
The 11,000-share option vests in full on May 20, 2027, if he continues serving on the board. For the 5,500-share option, 25% vested at grant and the remaining shares vest monthly over 36 months, also contingent on continued board service.