Quantum-Si director granted 251,185 stock options
Quantum-Si Inc director Charles R. Kummeth reported a new equity award and updated holdings.
Rhea-AI Filing Summary
Quantum-Si Inc director Charles R. Kummeth reported a new equity award and updated holdings. He received a grant of 251,185 stock options, each giving the right to buy one share of Class A Common Stock at an exercise price of $0.8539 per share. These options expire on May 18, 2036 and the shares underlying the option vest on the date of the issuer's next regular annual stockholders meeting, subject to continued service through that vesting date. Following this filing, he directly holds 855,000 shares of Class A Common Stock, alongside the newly granted options. This award is compensation-related and does not reflect an open-market purchase or sale.
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Insider Trade Summary
Grant/Award: 251,185 shares
Grant/Award
2 txns
Insider
Kummeth Charles R.
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 | -- | -- | -- |
Holdings After Transaction:
Stock Option (right to buy) — 251,185 contracts (Direct);
Class A Common Stock — 855,000 shares (Direct)
Footnotes (1)
- F1. 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
Stock options granted: 251,185 options
Option exercise price: $0.8539 per share
Option expiration: May 18, 2036
+2 more
5 metrics
Stock options granted
251,185 options
Grant of Stock Option (right to buy)
Option exercise price
$0.8539 per share
Conversion or exercise price for the new options
Option expiration
May 18, 2036
Expiration date of the stock options
Underlying shares
251,185 shares
Class A Common Stock underlying the options
Shares held after
855,000 shares
Class A Common Stock directly owned after transaction
Key Terms
Stock Option (right to buy), Class A Common Stock, exercise price, vest, +1 more
5 terms
Stock Option (right to buy) financial
"security_title: "Stock Option (right to buy)""
Class A Common Stock financial
"underlying_security_title: "Class A Common Stock""
Class A common stock is a category of a company’s shares that carries a specific set of ownership rights—most commonly defined voting power and claims on dividends—set out in the company’s charter. For investors it matters because the class determines how much influence you have over corporate decisions, the share’s likely dividend and trading behavior, and how it compares in value to other share classes, like choosing a particular seat with different privileges at the company’s decision-making table.
exercise price financial
"conversion_or_exercise_price: "0.8539""
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 financial
"shares underlying this option vest on the date"
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.
annual stockholders meeting financial
"on the date of the Issuer's next regular annual stockholders meeting"
FAQ
What insider transaction did Quantum-Si (QSI) report for Charles R. Kummeth?
Quantum-Si reported that director Charles R. Kummeth received a grant of 251,185 stock options. These options are a compensation-related award, not an open-market trade, and give him the right to purchase Class A Common Stock at a fixed exercise price.
How many Quantum-Si (QSI) stock options were granted to Charles R. Kummeth?
Charles R. Kummeth was granted 251,185 stock options. Each option represents the right to buy one share of Quantum-Si Class A Common Stock, subject to vesting conditions and an exercise price specified in the award.
What is the exercise price and expiration date of the new Quantum-Si (QSI) options?
The new stock options for Charles R. Kummeth have an exercise price of $0.8539 per share and expire on May 18, 2036. This defines the price he would pay per share if he exercises the options before expiration.
When do Charles R. Kummeth’s Quantum-Si (QSI) options vest?
The shares underlying these options vest on the date of Quantum-Si’s next regular annual stockholders meeting. Vesting is conditioned on Mr. Kummeth’s continued service with the company through that meeting date, as noted in the footnote.
AI-generated analysis. How Rhea-AI works. Not financial advice.
