Quantum-Si director awarded 251K stock options
Quantum-Si Inc director Kevin Rakin received a grant of stock options for 251,185 shares of Class A common stock at an exercise price of $0.8539 per share.
Rhea-AI Filing Summary
Quantum-Si Inc director Kevin Rakin received a grant of stock options for 251,185 shares of Class A common stock at an exercise price of $0.8539 per share. These options expire on May 18, 2036 and vest on the date of the issuer's next regular annual stockholders meeting, subject to continued service.
Following the reported transactions, Rakin holds 20,512 Class A shares directly and 1,200,000 shares indirectly through investment entities with which he shares voting and investment discretion. The new option award adds to this equity exposure as compensation rather than an open‑market purchase.
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Insider Trade Summary
Grant/Award: 251,185 shares
Grant/Award
3 txns
Insider
RAKIN KEVIN
Role
Director
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Grant/Award | Stock Option (right to buy) | 251,185 | $0.00 | $0.00 |
| holding | Class A Common Stock | -- | -- | -- |
| holding | Class A Common Stock | -- | -- | -- |
Holdings After Transaction:
Stock Option (right to buy) — 251,185 contracts (Direct);
Class A Common Stock — 1,200,000 shares (Indirect, See Footnote);
Class A Common Stock — 20,512 shares (Direct)
Footnotes (3)
- F1. HighCape Partners QSI II Invest, L.P. distributed in kind these shares of the Company's Class A common stock to its limited partners on a pro rata basis, for no consideration.
- F2. Consists of (i) 24,527 shares of the Company's Class A common stock held by HighCape Partners II, L.P. and (ii) 1,175,473 shares of the Company's Class A common stock held by HighCape Partners QP II, L.P. Mr. Rakin is the managing member of HighCape Capital II GP, LLC, which is the general partner of HighCape Partners II GP, L.P., which is the general partner of each of HighCape Partners II, L.P. and HighCape Partners QP II, L.P., and as a result each may be deemed to share voting and investment discretion with respect to the Class A common stock held by such entities.
- F3. The shares underlying this option vest on the date of the Issuer's next regular annual stockholders meeting, subject to continued service through the applicable vesting date.
Key Figures
Option grant size: 251,185 shares
Option exercise price: $0.8539 per share
Option expiration: May 18, 2036
+4 more
7 metrics
Option grant size
251,185 shares
Stock Option (right to buy) granted to director
Option exercise price
$0.8539 per share
Strike price for the 251,185-share option grant
Option expiration
May 18, 2036
Expiry date of granted stock options
Direct common shares
20,512 shares
Class A common stock held directly after transactions
Indirect common shares
1,200,000 shares
Class A common stock held indirectly via HighCape entities
HighCape Partners II holding
24,527 shares
Part of indirectly held Class A common stock
HighCape Partners QP II holding
1,175,473 shares
Part of indirectly held Class A common stock
Key Terms
Stock Option (right to buy), indirect ownership, distributed in kind, pro rata basis, +1 more
5 terms
Stock Option (right to buy) financial
"security_title: "Stock Option (right to buy)""
indirect ownership financial
"ownership_type: "indirect" with nature_of_ownership: "See Footnote""
distributed in kind financial
"distributed in kind these shares of the Company's Class A common stock"
pro rata basis financial
"to its limited partners on a pro rata basis, for no consideration"
A "pro rata basis" means dividing or distributing something proportionally according to each person's share or interest. For example, if a group shares costs or profits, each person receives or pays a portion that reflects their contribution or ownership percentage. This method ensures fairness by allocating resources in line with individual stakes, which is important for investors to understand how gains, losses, or costs are fairly shared.
vest financial
"The shares underlying this option vest on the date of the Issuer's next regular annual stockholders meeting"
A vest is the process by which an employee earns the right to receive certain benefits or ownership interests, such as stock or retirement funds, over time. It’s similar to earning a reward gradually, ensuring that the benefit becomes fully yours only after a set period or meeting specific conditions. This makes it important for investors because it determines when they can actually claim or use those benefits.
FAQ
What insider transaction did Quantum-Si (QSI) report for Kevin Rakin?
Quantum-Si reported that director Kevin Rakin received a grant of stock options for 251,185 shares of Class A common stock. The award is compensation-related, not an open-market purchase or sale, and was reported on a Form 4 insider filing.
What is the strike price and expiry of Kevin Rakin’s new Quantum-Si (QSI) options?
The granted stock options have an exercise price of $0.8539 per share and expire on May 18, 2036. They give Rakin the right to buy Quantum-Si Class A shares at that price until the expiration date.
When do Kevin Rakin’s newly granted Quantum-Si (QSI) options vest?
The options vest on the date of Quantum-Si’s next regular annual stockholders meeting, subject to Rakin’s continued service through that vesting date. Vesting must occur before he can exercise the options to purchase shares.
How are Kevin Rakin’s indirect Quantum-Si (QSI) holdings structured?
The 1,200,000 indirectly held shares consist of 24,527 Class A shares held by HighCape Partners II, L.P. and 1,175,473 shares held by HighCape Partners QP II, L.P., where entities affiliated with Rakin share voting and investment discretion.
AI-generated analysis. How Rhea-AI works. Not financial advice.
