Director Mary Thistle receives 9,810 Q32 Bio (QTTB) stock options at $12.64
Filing Impact
Filing Sentiment
Form Type
4
Rhea-AI Filing Summary
Q32 Bio Inc. director Mary Thistle received a grant of stock options representing 9,810 shares of common stock. These options have an exercise price of $12.64 per share and expire on June 11, 2036. Following this grant, she holds 9,810 options directly.
The options vest and become exercisable in full on the earlier of June 12, 2027 or the date of Q32 Bio’s next annual meeting of stockholders, as long as she continues serving on the board through that vesting date.
Positive
- None.
Negative
- None.
Insider Trade Summary
1 transaction reported
Mixed
1 txn
Insider
Thistle Mary
Role
null
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Grant/Award | Stock Option (Right to Buy) | 9,810 | $0.00 | -- |
Holdings After Transaction:
Stock Option (Right to Buy) — 9,810 shares (Direct, null)
Footnotes (1)
- [object Object]
Key Figures
Options granted: 9,810 options
Exercise price: $12.64 per share
Expiration date: June 11, 2036
+3 more
6 metrics
Options granted
9,810 options
Stock Option (Right to Buy) grant to director
Exercise price
$12.64 per share
Exercise price of granted stock options
Expiration date
June 11, 2036
Option term end date
Underlying shares
9,810 shares
Common stock underlying granted options
Post-grant derivative holdings
9,810 options
Total options held following transaction
Vesting trigger date
June 12, 2027
Earlier of this date or next annual meeting
Key Terms
Stock Option (Right to Buy), exercise price, vesting, annual meeting of stockholders, +1 more
5 terms
Stock Option (Right to Buy) financial
"security_title: Stock Option (Right to Buy)"
exercise price financial
"conversion_or_exercise_price: 12.6400"
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.
vesting financial
"The shares underlying this option shall vest and become exercisable in full"
Vesting is the process by which you earn full ownership of something, like company stock or a retirement benefit, over time. It’s like earning the right to keep a gift piece by piece the longer you stay with a company, making sure employees stay committed before they receive all the benefits.
annual meeting of stockholders financial
"the earlier of (i) June 12, 2027 or (ii) the date of the Issuer's next annual meeting of stockholders"
expiration date financial
"expiration_date: 2036-06-11T00:00:00.000Z"
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 Q32 Bio (QTTB) report for Mary Thistle?
Q32 Bio reported that director Mary Thistle received a grant of stock options for 9,810 shares of common stock. This is a compensation-related award, not an open-market purchase or sale of existing shares.
What is the exercise price of Mary Thistle’s new Q32 Bio (QTTB) stock options?
The granted stock options have an exercise price of $12.64 per share. This means Thistle can buy Q32 Bio common stock at $12.64 per share once the options vest and become exercisable.
When do Mary Thistle’s Q32 Bio (QTTB) stock options vest and become exercisable?
The options vest in full on the earlier of June 12, 2027 or Q32 Bio’s next annual meeting of stockholders. Vesting is conditioned on her continued service as a director through that date.
How many Q32 Bio (QTTB) options does Mary Thistle hold after this grant?
After this transaction, Mary Thistle holds 9,810 stock options directly. These options each relate to one share of Q32 Bio common stock and reflect her position following the reported grant.
Are Mary Thistle’s Q32 Bio (QTTB) option grants open-market purchases or sales?
No. The filing describes a grant/award acquisition of stock options as compensation. It is not classified as an open-market buy or sell and carries a transaction code of A for award.