Director Isaac Manke receives 9,810 Q32 Bio (QTTB) stock options at $12.64 strike
Filing Impact
Filing Sentiment
Form Type
4
Rhea-AI Filing Summary
Q32 Bio Inc. director Isaac Manke received a grant of stock options covering 9,810 shares of common stock. These options have an exercise price of $12.64 per share and were awarded as compensation, not through an open-market purchase or sale.
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, subject to Manke’s continued board service on that vesting date. Following this grant, he holds 9,810 derivative securities tied to Q32 Bio common stock directly.
Positive
- None.
Negative
- None.
Insider Trade Summary
1 transaction reported
Mixed
1 txn
Insider
Manke Isaac
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
Shares underlying options: 9,810 shares
+4 more
7 metrics
Options granted
9,810 options
Stock Option (Right to Buy) grant to director
Exercise price
$12.64 per share
Exercise price for the granted stock options
Shares underlying options
9,810 shares
Underlying Q32 Bio common stock for this award
Transaction code
A (Grant, award, or other acquisition)
Indicates compensation-related acquisition, not open-market trade
Vesting date
Earlier of June 12, 2027 or next annual meeting
Subject to continued board service at vesting
Expiration date
June 11, 2036
Option expiration if not exercised earlier
Shares after transaction
9,810 derivative securities
Total options held following this grant
Key Terms
Stock Option (Right to Buy), exercise price, vest and become exercisable, expiration date, +1 more
5 terms
Stock Option (Right to Buy) financial
"security_title: "Stock Option (Right to Buy)""
exercise price financial
"conversion_or_exercise_price of 12.6400 per underlying share"
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 and become exercisable financial
"The shares underlying this option shall vest and become exercisable in full"
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.
Grant, award, or other acquisition financial
"transaction_code_description: "Grant, award, or other acquisition""
FAQ
What did Q32 Bio (QTTB) director Isaac Manke report in this Form 4?
Isaac Manke reported receiving a grant of stock options for 9,810 shares of Q32 Bio common stock. The award is compensation-based, not an open-market trade, and reflects additional potential future equity exposure tied to the company’s share price.
How many Q32 Bio (QTTB) options did Isaac Manke receive and at what exercise price?
He received stock options covering 9,810 underlying shares of Q32 Bio common stock with an exercise price of $12.64 per share. These options only have value if the market price exceeds the exercise price after they vest and become exercisable.
When do Isaac Manke’s newly granted Q32 Bio (QTTB) options vest?
The options vest in full on the earlier of June 12, 2027 or the date of Q32 Bio’s next annual stockholder meeting. Vesting is contingent on his continued service as a director through that applicable vesting date.
Is Isaac Manke’s Q32 Bio (QTTB) Form 4 a stock purchase or sale?
No, the Form 4 reports a grant of stock options as compensation, not a market purchase or sale of common shares. The transaction is coded “A” for grant or award, and no cash market trade is disclosed in this filing.
How many derivative securities does Isaac Manke hold after this Q32 Bio (QTTB) grant?
After the reported grant, Manke’s total reported derivative holdings from this award are 9,810 options tied to Q32 Bio common stock. These options are held directly and become exercisable only after the vesting conditions are satisfied.