ProQR Therapeutics N.V. (PRQR) director awarded 14,495 stock options as compensation
Filing Impact
Filing Sentiment
Form Type
4
Rhea-AI Filing Summary
ProQR Therapeutics N.V. director Hinsch Gylvin Lykke received a grant of options to buy 14,495 ordinary shares. These share options have an exercise price of $1.42 per share and expire on June 1, 2036, functioning as equity-based compensation rather than an open-market trade.
According to the vesting terms, 25% of the options vest and become exercisable on June 2, 2027, with the remaining 75% vesting in 12 substantially equal quarterly installments thereafter, contingent on continuous service. After this grant, the filing shows 14,495 derivative securities held.
Positive
- None.
Negative
- None.
Insider Trade Summary
1 transaction reported
Mixed
1 txn
Insider
Hinsch Gylvin Lykke
Role
null
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Grant/Award | Share Option (Right to Buy) | 14,495 | $0.00 | -- |
Holdings After Transaction:
Share Option (Right to Buy) — 14,495 shares (Direct, null)
Footnotes (1)
- The price reported in Column 2 is based upon the closing market price of the Issuer's ordinary shares on June 1, 2026, as determined pursuant to the Issuer's Board Compensation Policy. 25% of the shares subject to such option vest and become exercisable on June 2, 2027, and the remaining 75% vest in 12 substantially equal quarterly installments thereafter, subject to the Reporting Person's continuous service to the Issuer on each such date.
Key Figures
Options granted: 14,495 share options
Exercise price: $1.42 per share
Expiration date: June 1, 2036
+3 more
6 metrics
Options granted
14,495 share options
Grant to director Hinsch Gylvin Lykke
Exercise price
$1.42 per share
Strike price for option grant
Expiration date
June 1, 2036
Option term end
Initial vesting
25% on June 2, 2027
First vesting tranche
Remaining vesting
75% in 12 quarterly installments
Post-2027 vesting schedule
Derivative holdings after grant
14,495 derivative securities
Total options held following transaction
Key Terms
Share Option (Right to Buy), exercise price, vest and become exercisable, expiration date
4 terms
exercise price financial
"conversion_or_exercise_price: "1.4200" per share"
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.
vest and become exercisable financial
"25% of the shares subject to such option vest and become exercisable"
expiration date financial
"expiration_date: "2036-06-01T00:00:00.000Z""
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 insider transaction did ProQR Therapeutics (PRQR) report for Hinsch Gylvin Lykke?
ProQR Therapeutics reported that director Hinsch Gylvin Lykke received 14,495 share options as equity compensation. These options give the right to buy ordinary shares at an exercise price of $1.42 per share and are not an open-market stock purchase or sale.
What are the key terms of the ProQR (PRQR) option grant to Hinsch Gylvin Lykke?
The grant covers 14,495 share options with an exercise price of $1.42 per share and an expiration date of June 1, 2036. The filing shows 14,495 derivative securities held following the transaction, indicating this award establishes the reported option position.
How do the ProQR (PRQR) options granted to Hinsch Gylvin Lykke vest over time?
Vesting occurs gradually. 25% of the options vest and become exercisable on June 2, 2027. The remaining 75% vest in 12 substantially equal quarterly installments after that date, provided Hinsch Gylvin Lykke continues serving ProQR throughout the vesting schedule.
Is the ProQR (PRQR) Form 4 transaction a stock purchase or sale?
No, the Form 4 reflects an option grant, not a direct stock purchase or sale. Hinsch Gylvin Lykke acquired 14,495 share options as compensation, with an exercise price of $1.42 per share, and no open-market buying or selling is reported in this filing.
When do the newly granted ProQR (PRQR) options for Hinsch Gylvin Lykke expire?
The options granted to Hinsch Gylvin Lykke expire on June 1, 2036. This long-dated expiration gives ample time after vesting dates for potential exercise, assuming the director maintains continuous service and chooses to exercise the options in the future.