Prelude director granted 38,000 stock options
Prelude Therapeutics Inc director David P. Bonita received a grant of stock options covering 38,000 shares of Common Stock.
Rhea-AI Filing Summary
Prelude Therapeutics Inc director David P. Bonita received a grant of stock options covering 38,000 shares of Common Stock. The options have an exercise price of $3.94 per share and expire on June 8, 2036. The award will fully vest on the earlier of the company’s next annual stockholder meeting or the one-year anniversary of the grant date, subject to continued service. Under an agreement, any securities or economic benefit from these options are required to be transferred to OrbiMed-related entities.
Positive
- None.
Negative
- None.
Insider Trade Summary
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Grant/Award | Director Stock Option (Right to Buy) | 38,000 | $0.00 | $0.00 |
Footnotes (2)
- F1. The option award will fully vest upon the earlier of (a) the Issuer's next annual stockholder meeting, or (b) the one-year anniversary of the grant date, such to the Reporting Person's provision of service to the Issuer on each vesting date.
- F2. Pursuant to an agreement with OrbiMed Advisors LLC and OrbiMed Capital GP VI LLC, the Reporting Person is obligated to transfer any securities issued under any such stock options or other awards, or the economic benefit thereof, to OrbiMed Advisors LLC and OrbiMed Capital GP VI LLC, which will in turn ensure that such securities or economic benefits are provided to OrbiMed Private Investments VI, LP.
Key Figures
Key Terms
Director Stock Option (Right to Buy) financial
grant/award acquisition financial
exercise price financial
annual stockholder meeting financial
economic benefit financial
FAQ
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What insider transaction did Prelude Therapeutics (PRLD) report for David P. Bonita?
What are the key terms of the 38,000 Prelude Therapeutics (PRLD) stock options?
When do David P. Bonita’s Prelude Therapeutics (PRLD) options vest?
Who ultimately benefits from the Prelude Therapeutics (PRLD) option grant reported for David P. Bonita?
Is the Prelude Therapeutics (PRLD) Form 4 transaction an open-market buy or sell?
AI-generated analysis. How Rhea-AI works. Not financial advice.