PMV Pharmaceuticals (PMVP) grants director 42,000 options at $1.19
Filing Impact
Filing Sentiment
Form Type
4
Rhea-AI Filing Summary
PMV Pharmaceuticals director Laurie Stelzer received a grant of stock options to acquire 42,000 shares of common stock. The options have an exercise price of $1.19 per share and expire on June 4, 2036. All 42,000 options vest on the earlier of June 4, 2027 or the date of the company’s next annual stockholder meeting. Following this award, Stelzer holds 42,000 options directly, reflecting a compensation-related grant rather than any open-market share purchase or sale.
Positive
- None.
Negative
- None.
Insider Trade Summary
1 transaction reported
Mixed
1 txn
Insider
Stelzer Laurie
Role
null
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Grant/Award | Stock Option (right to buy) | 42,000 | $0.00 | -- |
Holdings After Transaction:
Stock Option (right to buy) — 42,000 shares (Direct, null)
Footnotes (1)
- [object Object]
Key Figures
Stock options granted: 42,000 options
Exercise price: $1.19 per share
Options outstanding after grant: 42,000 options
+2 more
5 metrics
Stock options granted
42,000 options
Grant to director Laurie Stelzer
Exercise price
$1.19 per share
Stock option strike price
Options outstanding after grant
42,000 options
Held directly by Laurie Stelzer
Option expiration date
June 4, 2036
End of option term
Latest vesting date
June 4, 2027
Vests earlier of this date or next annual meeting
Key Terms
Stock Option (right to buy), vesting, exercise price, expiration date
4 terms
Stock Option (right to buy) financial
"security_title: Stock Option (right to buy)"
vesting financial
"Shares subject to the option vest on the earlier of (i) June 4, 2027"
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.
exercise price financial
"conversion_or_exercise_price: 1.1900"
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: 2036-06-04T00:00:00.000Z"
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.
FAQ
What did PMV Pharmaceuticals (PMVP) director Laurie Stelzer report on this Form 4?
Laurie Stelzer reported receiving a grant of 42,000 stock options from PMV Pharmaceuticals. These options allow her to buy common shares at $1.19 each as part of equity-based compensation, rather than reflecting an open-market trade or immediate cash transaction.
How many PMV Pharmaceuticals (PMVP) stock options were granted to Laurie Stelzer?
Laurie Stelzer was granted 42,000 stock options linked to PMV Pharmaceuticals common stock. Each option represents the right to buy one share at a fixed $1.19 exercise price, giving her potential future ownership if the options vest and she chooses to exercise.
What is the exercise price of Laurie Stelzer’s PMV Pharmaceuticals (PMVP) options?
The exercise price for Laurie Stelzer’s stock options is $1.19 per share. This means she can buy PMV Pharmaceuticals common stock at $1.19 if she exercises vested options, regardless of the market price at that future time, subject to plan terms.
When do Laurie Stelzer’s PMV Pharmaceuticals (PMVP) stock options vest?
The 42,000 options vest on the earlier of June 4, 2027, or the date of PMV Pharmaceuticals’ next annual stockholder meeting. Vesting means she earns the right to exercise the options, assuming she continues to satisfy applicable service conditions.
When do Laurie Stelzer’s PMV Pharmaceuticals (PMVP) stock options expire?
The options expire on June 4, 2036, if not exercised before that date. After expiration, they can no longer be used to purchase PMV Pharmaceuticals common stock, so their potential value lapses if unexercised by then.