Personalis (PSNL) director receives 6,250 RSUs and 37,500 options
Filing Impact
Filing Sentiment
Form Type
4
Rhea-AI Filing Summary
Personalis, Inc. director Woodrow A. Myers Jr. received equity compensation in the form of restricted stock units and stock options. He was granted 6,250 RSUs, each representing one share of common stock, bringing his direct common stock holdings to 32,366 shares after the award.
He was also granted options covering 37,500 shares of common stock at an exercise price of $6.04 per share, expiring on May 12, 2036. Both the RSUs and options vest 100% on the earlier of one year from the grant date or the day before the next annual stockholder meeting, with accelerated vesting immediately before a qualifying Change in Control if he remains in Continuous Service.
Positive
- None.
Negative
- None.
Insider Trade Summary
2 transactions reported
Mixed
2 txns
Insider
MYERS WOODROW A JR
Role
null
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Grant/Award | Stock Option (right to buy) | 37,500 | $0.00 | -- |
| Grant/Award | Common Stock | 6,250 | $0.00 | -- |
Holdings After Transaction:
Stock Option (right to buy) — 37,500 shares (Direct, null);
Common Stock — 32,366 shares (Direct, null)
Footnotes (1)
- Each share is represented by a restricted stock unit ("RSU"). Each RSU represents a contingent right to receive one share of the Issuer's common stock upon settlement. 100% of the shares subject to the RSU shall vest on the earlier of the one-year anniversary of the grant date or the day prior to the Company's next annual meeting of stockholders occurring after the grant date, subject to the reporting person's Continuous Service (as defined in the Company's 2019 Equity Incentive Plan (the "2019 Plan")) through the vesting date. In the event of a Change in Control (as defined in the 2019 Plan), the shares underlying the RSU shall vest immediately prior to the effectiveness of such Change in Control. 100% of the shares subject to the option shall vest on the earlier of the one-year anniversary of the grant date or the day prior to the Company's next annual meeting of stockholders occurring after the grant date, subject to the reporting person's Continuous Service (as defined in the 2019 Plan) through the vesting date. In the event of a Change in Control (as defined in the 2019 Plan), the shares underlying the option shall vest and become exercisable immediately prior to the effectiveness of such Change in Control.
Key Figures
RSU grant: 6,250 shares
Stock options granted: 37,500 options
Option exercise price: $6.04 per share
+2 more
5 metrics
RSU grant
6,250 shares
Restricted stock units granted on May 12, 2026
Stock options granted
37,500 options
Options on common stock granted on May 12, 2026
Option exercise price
$6.04 per share
Conversion or exercise price for 37,500 options
Option expiration
May 12, 2036
Expiration date of stock options
Shares held after RSU grant
32,366 shares
Total common stock directly owned after award
Key Terms
restricted stock unit ("RSU"), Continuous Service, Change in Control, 2019 Equity Incentive Plan, +1 more
5 terms
restricted stock unit ("RSU") financial
"Each share is represented by a restricted stock unit ("RSU")."
Continuous Service financial
"subject to the reporting person's Continuous Service (as defined in the Company's 2019 Equity Incentive Plan (the "2019 Plan"))"
Change in Control financial
"In the event of a Change in Control (as defined in the 2019 Plan), the shares underlying the RSU shall vest immediately"
A "change in control" occurs when the ownership or management of a company shifts significantly, such as through a merger, acquisition, or sale of a large part of its assets. This change can impact how the company is run and may influence its future direction. For investors, it matters because it can affect the company's stability, strategy, and value, often signaling potential changes in investment risk or opportunity.
2019 Equity Incentive Plan financial
"as defined in the Company's 2019 Equity Incentive Plan (the "2019 Plan")"
Stock Option (right to buy) financial
"Stock Option (right to buy)"
FAQ
What equity awards did Personalis (PSNL) director Woodrow Myers Jr. receive?
Personalis director Woodrow A. Myers Jr. received 6,250 restricted stock units and stock options for 37,500 shares. The options have a strike price of $6.04 per share, providing additional potential upside if the stock trades above that level before expiration.
How and when do the new RSUs for Personalis (PSNL) director vest?
The 6,250 RSUs vest 100% on the earlier of one year after the grant date or the day before the next annual stockholder meeting. Vesting requires Dr. Myers to maintain Continuous Service under the company’s 2019 Equity Incentive Plan through the applicable vesting date.
What are the key terms of the Personalis (PSNL) stock options granted to the director?
The director received options on 37,500 Personalis shares at an exercise price of $6.04 per share, expiring on May 12, 2036. These options vest 100% on the same schedule as the RSUs, contingent on continued service with the company.
What happens to the Personalis (PSNL) RSUs and options if there is a Change in Control?
If a Change in Control occurs as defined in the 2019 Equity Incentive Plan, all shares underlying the RSUs and options vest immediately before the transaction’s effectiveness. This acceleration applies if the director satisfies the Continuous Service requirement up to that point.