PMV Pharma director granted 42,000 stock options
PMV Pharmaceuticals director Kirsten Flowers received a stock option grant covering 42,000 shares of common stock.
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Form Type
4
Rhea-AI Filing Summary
PMV Pharmaceuticals director Kirsten Flowers received a stock option grant covering 42,000 shares of common stock. The options have an exercise price of $1.19 per share and expire on June 4, 2036. These options vest on the earlier of June 4, 2027 or the date of the company’s next annual stockholder meeting.
Insider Trade Summary
Grant/Award: 42,000 shares
Grant/Award
1 txn
Insider
FLOWERS KIRSTEN
Role
Director
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Grant/Award | Stock Option (right to buy) | 42,000 | $0.00 | $0.00 |
Holdings After Transaction:
Stock Option (right to buy) — 42,000 contracts (Direct)
Footnotes (1)
- F1. Shares subject to the option vest on the earlier of (i) June 4, 2027 or (ii) the date of the Issuer's next annual meeting of stockholders.
Key Figures
Options granted: 42,000 options
Exercise price: $1.19 per share
Expiration date: June 4, 2036
+2 more
5 metrics
Options granted
42,000 options
Stock option grant to director Kirsten Flowers
Exercise price
$1.19 per share
Exercise price for granted stock options
Expiration date
June 4, 2036
Option expiration for this grant
Post-grant option holdings
42,000 options
Total options held following the transaction
Vesting date trigger
June 4, 2027
Latest vesting date or earlier next annual meeting
Key Terms
Stock Option (right to buy), exercise price, expiration date, vest, +1 more
5 terms
Stock Option (right to buy) financial
"security_title: Stock Option (right to buy)"
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The expiration date is the deadline after which a financial contract, such as an option or a futures agreement, is no longer valid or can be exercised.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.
vest financial
"Shares subject to the option vest on the earlier of (i) June 4, 2027"
A vest is the process by which an employee earns the right to receive certain benefits or ownership interests, such as stock or retirement funds, over time. It’s similar to earning a reward gradually, ensuring that the benefit becomes fully yours only after a set period or meeting specific conditions. This makes it important for investors because it determines when they can actually claim or use those benefits.
annual meeting of stockholders financial
"or (ii) the date of the Issuer's next annual meeting of stockholders."
FAQ
AI-generated questions and answers. How Rhea-AI works. Not financial advice.
What did PMVP director Kirsten Flowers report in this Form 4?
Director Kirsten Flowers reported receiving a grant of stock options for 42,000 shares of PMV Pharmaceuticals common stock. The grant is a compensation-related award, not an open-market purchase or sale of existing shares.
What is the exercise price of the PMVP stock options granted to Kirsten Flowers?
The stock options granted to Kirsten Flowers have an exercise price of $1.19 per share. This means she can buy PMV Pharmaceuticals common stock at $1.19 when the options are vested and exercised, subject to the award’s expiration date.
When do Kirsten Flowers’ PMVP stock options vest?
The options vest on the earlier of June 4, 2027 or the date of PMV Pharmaceuticals’ next annual meeting of stockholders. Vesting determines when the director can exercise the options to acquire common shares at the fixed exercise price.
When do the PMVP stock options granted to Kirsten Flowers expire?
The options expire on June 4, 2036 if not exercised earlier. After that expiration date, Kirsten Flowers will no longer be able to use these options to purchase PMV Pharmaceuticals common stock at the $1.19 exercise price.
How many PMVP options does Kirsten Flowers hold after this grant?
Following this grant, the Form 4 shows Kirsten Flowers holding 42,000 stock options. Each option is linked to one share of PMV Pharmaceuticals common stock, subject to vesting terms and the stated exercise and expiration conditions.
AI-generated analysis. How Rhea-AI works. Not financial advice.
