Rapport Therapeutics (RAPP) director receives 15,200-share stock option grant
Filing Impact
Filing Sentiment
Form Type
4
Rhea-AI Filing Summary
Rapport Therapeutics director James Healy received a grant of stock options covering 15,200 shares of common stock. The options have an exercise price of $35.21 per share and expire on June 10, 2036.
The 15,200 underlying shares vest on the earlier of June 10, 2027 or the date of Rapport Therapeutics' next Annual Meeting of Stockholders, as long as Healy continues serving the company through that vesting date. After this award, he holds 15,200 derivative securities from this grant.
Positive
- None.
Negative
- None.
Insider Trade Summary
1 transaction reported
Mixed
1 txn
Insider
HEALY JAMES
Role
null
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Grant/Award | Stock Option (Right to Buy) | 15,200 | $0.00 | -- |
Holdings After Transaction:
Stock Option (Right to Buy) — 15,200 shares (Direct, null)
Footnotes (1)
- [object Object]
Key Figures
Option grant size: 15,200 shares
Exercise price: $35.21 per share
Expiration date: June 10, 2036
+2 more
5 metrics
Option grant size
15,200 shares
Underlying common stock in new option award
Exercise price
$35.21 per share
Stock option strike price
Expiration date
June 10, 2036
Option term end date
Shares after transaction
15,200 derivative securities
Total options held from this grant after award
Vesting date trigger
June 10, 2027
Latest vesting date, earlier if next annual meeting occurs first
Key Terms
Stock Option (Right to Buy), Common Stock, Annual Meeting of Stockholders, vest
4 terms
Stock Option (Right to Buy) financial
"security_title: Stock Option (Right to Buy)"
Common Stock financial
"underlying_security_title: Common Stock"
Common stock represents ownership shares in a company, giving investors a stake in its success and a say in important decisions through voting rights. It is the most common type of stock traded on markets and can provide income through dividends, as well as potential for value growth. For investors, holding common stock means sharing in the company’s profits and risks.
Annual Meeting of Stockholders financial
"the date of the next Annual Meeting of Stockholders of the Issuer"
vest financial
"The shares underlying this option shall vest upon the earlier of"
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.
FAQ
What did Rapport Therapeutics (RAPP) director James Healy report on this Form 4?
James Healy reported receiving a stock option grant for 15,200 shares of Rapport Therapeutics common stock. The options are a compensation award, not an open-market purchase, and give him the right to buy shares at a fixed exercise price if they vest.
What is the exercise price and expiry for James Healy’s Rapport Therapeutics options?
The options have an exercise price of $35.21 per share and expire on June 10, 2036. This means Healy can choose to buy shares at $35.21 any time after vesting and before the June 10, 2036 expiration date.
When do James Healy’s Rapport Therapeutics (RAPP) options vest?
The 15,200-share option award vests on the earlier of June 10, 2027 or the date of Rapport Therapeutics’ next Annual Meeting of Stockholders. Vesting requires Healy’s continued service with the company through the applicable vesting date.
Is this Rapport Therapeutics Form 4 a market buy or a compensation grant?
This Form 4 reflects a compensation-related option grant, not a market buy. The transaction code is “A” for grant or award, meaning Healy received options from the company instead of purchasing existing shares on the open market.
How many derivative securities does James Healy hold after this Rapport Therapeutics grant?
Following this transaction, Healy holds 15,200 derivative securities from this option grant. These represent rights to acquire common shares at $35.21 per share if the options vest and he chooses to exercise them before expiration.