Prime Medicine grants director 75,000 stock options
Prime Medicine director David P. Schenkein received a grant of stock options for 75,000 shares of common stock.
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Rhea-AI Filing Summary
Prime Medicine director David P. Schenkein received a grant of stock options for 75,000 shares of common stock. The options have an exercise price of $3.06 per share and expire on June 5, 2036. Following this grant, he holds options on 75,000 shares.
The options will vest in full on the earlier of June 5, 2027 or the date of Prime Medicine’s next annual meeting of stockholders, provided he remains in continuous service with the company through that vesting date. This is a compensation-related, non‑market transaction.
Insider Trade Summary
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Grant/Award | Stock Option (right to buy) | 75,000 | $0.00 | $0.00 |
Footnotes (1)
- F1. The shares subject to this option shall vest in full upon the earlier of (i) June 5, 2027 or (ii) the date of the next annual meeting of stockholders, subject to the Reporting Person's continuous service to the Issuer through such vesting date.
Key Figures
Key Terms
Stock Option (right to buy) financial
exercise price financial
vest in full financial
annual meeting of stockholders financial
continuous service financial
FAQ
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What did Prime Medicine (PRME) report in this Form 4 filing?
How many stock options did David P. Schenkein receive from Prime Medicine (PRME)?
What are the vesting terms of the Prime Medicine (PRME) stock options granted?
What is the exercise price and expiration date of the Prime Medicine (PRME) options?
Is the Prime Medicine (PRME) Form 4 transaction an open-market trade?
AI-generated analysis. How Rhea-AI works. Not financial advice.