Personalis (NASDAQ: PSNL) director granted 6,250 RSUs and 37,500 options
Filing Impact
Filing Sentiment
Form Type
4
Rhea-AI Filing Summary
Personalis, Inc. director Blaine A. Bowman received new equity awards as part of his compensation. He was granted 6,250 restricted stock units, each representing one share of common stock, and 37,500 stock options to buy common shares at an exercise price of $6.04 per share.
The RSUs and options each vest 100% on the earlier of the one-year anniversary of the grant date or the day before the next annual stockholder meeting, contingent on his continuous service under the company’s 2019 Equity Incentive Plan. Both awards fully accelerate and vest immediately before any qualifying Change in Control. Following the RSU grant, Bowman directly holds 19,756 shares of common stock.
Positive
- None.
Negative
- None.
Insider Trade Summary
2 transactions reported
Mixed
2 txns
Insider
BOWMAN A BLAINE
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 — 19,756 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 size: 6,250 RSUs
Option grant size: 37,500 options
Option exercise price: $6.04 per share
+2 more
5 metrics
RSU grant size
6,250 RSUs
Equity award to director Blaine Bowman on May 12, 2026
Option grant size
37,500 options
Stock Option (right to buy) awarded 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 the stock option grant
Shares held after grant
19,756 shares
Total common stock directly owned after RSU 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"
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"
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 did Personalis (PSNL) director Blaine Bowman receive in this Form 4?
Blaine Bowman received equity compensation consisting of 6,250 restricted stock units and 37,500 stock options. These awards increase his alignment with Personalis shareholders by tying more of his compensation to the company’s future stock performance and continued board service.
How do Blaine Bowman’s new RSUs from Personalis (PSNL) vest?
The 6,250 RSUs vest 100% on the earlier of one year from the grant date or the day before Personalis’s next annual stockholder meeting. Vesting requires Bowman to maintain continuous service with the company through the applicable vesting date under the 2019 Equity Incentive Plan.
What are the terms of Blaine Bowman’s new Personalis (PSNL) stock options?
Bowman received 37,500 stock options with an exercise price of $6.04 per share, expiring on May 12, 2036. All option shares vest 100% on the same schedule as the RSUs, subject to his continuous service through the vesting date.
What happens to Blaine Bowman’s Personalis (PSNL) awards in a Change in Control?
If a Change in Control occurs under the Personalis 2019 Equity Incentive Plan, all RSUs and stock options granted in this filing vest in full immediately before the transaction becomes effective. This provides Bowman with accelerated vesting upon a qualifying corporate change event.