Director Mark Iwicki of Q32 Bio (QTTB) awarded 9,810 options at $12.64 strike
Filing Impact
Filing Sentiment
Form Type
4
Rhea-AI Filing Summary
Q32 Bio Inc. director Mark T. Iwicki received a grant of stock options covering 9,810 shares of common stock. The options have an exercise price of $12.64 per share and expire on June 11, 2036. They vest in full on the earlier of June 12, 2027 or the company’s next annual stockholder meeting, contingent on his continued service.
Positive
- None.
Negative
- None.
Insider Trade Summary
1 transaction reported
Mixed
1 txn
Insider
Iwicki Mark T
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
+2 more
5 metrics
Options granted
9,810 options
Stock option grant to director on June 12, 2026
Exercise price
$12.64 per share
Strike price for common stock underlying options
Expiration date
June 11, 2036
Final date to exercise granted options
Underlying shares
9,810 shares
Common stock underlying the stock options
Vesting condition date
June 12, 2027
Latest vesting date or earlier next annual meeting
Key Terms
Stock Option (Right to Buy), exercise price, expiration date, vesting, +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.
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The expiration date is the deadline after which a financial contract, such as an option or a futures agreement, is no longer valid or can be exercised.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.
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 date of the Issuer's next annual meeting of stockholders"
FAQ
What did Q32 Bio (QTTB) director Mark Iwicki receive in this Form 4?
Director Mark T. Iwicki received a grant of 9,810 stock options. Each option gives him the right to buy one Q32 Bio common share at a fixed $12.64 exercise price as part of his director compensation package.
What is the exercise price of Mark Iwicki’s Q32 Bio (QTTB) stock options?
The stock options have an exercise price of $12.64 per share. This is the fixed price at which he can buy Q32 Bio common stock once the options vest and before they expire in 2036.
When do Mark Iwicki’s Q32 Bio (QTTB) options vest?
The options vest and become exercisable in full on the earlier of June 12, 2027 or Q32 Bio’s next annual stockholder meeting. Vesting is subject to his continued service as of the applicable vesting date.
When do the Q32 Bio (QTTB) stock options granted to Mark Iwicki expire?
These stock options expire on June 11, 2036. After that expiration date, any unexercised options can no longer be used to purchase Q32 Bio common shares, even if they previously vested.
Is Mark Iwicki’s Q32 Bio (QTTB) Form 4 a market purchase or sale?
This Form 4 reports a compensation-related stock option grant, not a market trade. The options were awarded at no cost and allow future purchases at $12.64, subject to vesting and the 2036 expiration date.