Director at Q32 Bio (QTTB) receives 9,810 stock options tied to Atlas Venture
Rhea-AI Filing Summary
Q32 Bio Inc. director David S. Grayzel received a grant of stock options covering 9,810 shares of common stock at an exercise price of $12.64 per share. These options vest in full on the earlier of June 12, 2027 or the issuer’s next annual stockholder meeting, subject to his continued service. Any proceeds from sales of shares issued upon exercise are to be transferred to Atlas Venture Life Science Advisors, LLC, and Grayzel disclaims ownership except for any pecuniary interest.
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Insights
Director received a routine stock option grant as board compensation.
Director David S. Grayzel was granted options for 9,810 Q32 Bio common shares with a $12.64 exercise price, expiring on June 11, 2036. The grant appears to be standard equity compensation rather than an open-market transaction.
The options vest in full on the earlier of June 12, 2027 or the next annual stockholder meeting, conditional on his continued board service. Footnotes state proceeds from any sale of exercised shares will be transferred to Atlas Venture Life Science Advisors, LLC, and Grayzel disclaims beneficial ownership except for any pecuniary interest, underscoring that this filing reflects a compensation award with indirect economic exposure.
Insider Trade Summary
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Grant/Award | Stock Option (Right to Buy) | 9,810 | $0.00 | -- |
Footnotes (1)
- The shares underlying this option shall vest and become exercisable in full upon the earlier of (i) June 12, 2027 or (ii) the date of the Issuer's next annual meeting of stockholders, subject to the Reporting Person's continued service on such vesting date. This option was granted to the Reporting Person, a director of the Issuer. The proceeds of any sale of shares of common stock issued to the Reporting Person upon exercise of this option will be transferred to Atlas Venture Life Science Advisors, LLC and as such, the Reporting Person disclaims ownership of such securities reported herein for purposes of Section 16 of the Securities Exchange Act of 1934, as amended, except to the extent of his pecuniary interest therein, if any.