Prime Medicine (PRME) director receives 75,000 options at $3.06
Filing Impact
Filing Sentiment
Form Type
4
Rhea-AI Filing Summary
Prime Medicine, Inc. director Jeffrey D. Marrazzo reported receiving a grant of stock options on June 5, 2026. The award covers 75,000 options to buy Prime Medicine common stock at an exercise price of $3.06 per share, held directly.
The options vest in full on the earlier of June 5, 2027 or the date of the next annual meeting of stockholders, provided he continues serving the company through that date. The options expire on June 5, 2036, and following this grant he holds 75,000 derivative securities of this type.
Positive
- None.
Negative
- None.
Insider Trade Summary
1 transaction reported
Mixed
1 txn
Insider
Marrazzo Jeffrey D
Role
null
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Grant/Award | Stock Option (right to buy) | 75,000 | $0.00 | -- |
Holdings After Transaction:
Stock Option (right to buy) — 75,000 shares (Direct, null)
Footnotes (1)
- [object Object]
Key Figures
Stock options granted: 75,000 options
Exercise price: $3.06 per share
Post-grant derivative holdings: 75,000 derivative securities
+2 more
5 metrics
Stock options granted
75,000 options
Stock option grant on June 5, 2026
Exercise price
$3.06 per share
Conversion or exercise price for granted options
Post-grant derivative holdings
75,000 derivative securities
Total stock options following the transaction
Vesting date
Earlier of June 5, 2027 or next annual meeting
Full vesting condition subject to continuous service
Expiration date
June 5, 2036
Option expiration for the 75,000 granted options
Key Terms
Stock Option (right to buy), conversion or exercise price, expiration date, vest in full, +1 more
5 terms
Stock Option (right to buy) financial
"security_title: Stock Option (right to buy)"
conversion or exercise price financial
"conversion_or_exercise_price: 3.0600"
expiration date financial
"expiration_date: 2036-06-05T00:00:00.000Z"
The expiration date is the deadline after which a financial contract, such as an option or a futures agreement, is no longer valid or can be exercised.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 shares subject to this option shall vest in full upon the earlier"
annual meeting of stockholders financial
"the date of the next annual meeting of stockholders"
FAQ
What did Prime Medicine (PRME) director Jeffrey D. Marrazzo report in this Form 4?
He reported receiving a grant of stock options from Prime Medicine, Inc.. The award covers 75,000 options to purchase common stock at a fixed exercise price, reflecting an additional equity-based position rather than an open-market share purchase.
How many Prime Medicine (PRME) options were granted to Jeffrey D. Marrazzo?
He was granted 75,000 stock options linked to Prime Medicine common stock. The Form 4 shows that after this award, he holds 75,000 derivative securities of this type, indicating the entire reported position comes from this single option grant.
What is the exercise price and expiration date of the PRME options granted?
The stock options carry an exercise price of $3.06 per share. According to the filing, these options are scheduled to expire on June 5, 2036, giving a long-term window during which they can be exercised once vested.
When do Jeffrey D. Marrazzo’s Prime Medicine options vest?
The options will vest in full on the earlier of June 5, 2027 or the date of Prime Medicine’s next annual stockholder meeting. Vesting is conditioned on his continuous service to the company through the applicable vesting date, as described in the footnote.
Is this Prime Medicine Form 4 a market purchase or an option award?
The Form 4 reflects an option award, not an open-market trade. It shows a grant of 75,000 stock options at a preset exercise price of $3.06, recorded under a transaction code for grants or awards rather than a purchase or sale.