Director at Replimune (REPL) awarded 44,500 stock options
Filing Impact
Filing Sentiment
Form Type
4
Rhea-AI Filing Summary
Replimune Group, Inc. director Joseph P. Slattery received a grant of stock options covering 44,500 shares of common stock. The options have an exercise price of $7.61 per share and expire on April 1, 2036. According to the disclosure, all 44,500 underlying shares vest in full on April 1, 2027. Following this grant, Slattery holds 44,500 stock options directly.
Positive
- None.
Negative
- None.
Insider Trade Summary
1 transaction reported
Mixed
1 txn
Insider
SLATTERY JOSEPH P
Role
Director
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Grant/Award | Stock Option (right to buy) | 44,500 | $0.00 | -- |
Holdings After Transaction:
Stock Option (right to buy) — 44,500 shares (Direct)
Footnotes (1)
- [object Object]
Key Figures
Stock options granted: 44,500 options
Exercise price: $7.61 per share
Expiration date: April 1, 2036
+2 more
5 metrics
Stock options granted
44,500 options
Grant to director Joseph P. Slattery on April 1, 2026
Exercise price
$7.61 per share
Strike price for 44,500 stock options
Expiration date
April 1, 2036
Option term end for the granted awards
Vesting date
April 1, 2027
All underlying shares vest entirely on this date
Holdings after grant
44,500 options
Total stock options held directly following this transaction
Key Terms
Stock Option (right to buy), exercise price, vest entirely, expiration date
4 terms
Stock Option (right to buy) financial
"security_title: Stock Option (right to buy)"
exercise price financial
"conversion_or_exercise_price: 7.6100"
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 entirely financial
"The shares underlying this option vest entirely on April 1, 2027."
expiration date financial
"expiration_date: 2036-04-01T00:00:00.000Z"
The expiration date is the deadline after which a financial contract, such as an option or a futures agreement, is no longer valid or can be exercised.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 did Replimune (REPL) director Joseph P. Slattery report on this Form 4?
Joseph P. Slattery reported receiving a grant of stock options for 44,500 Replimune shares. These options are a compensation award, not an open-market purchase or sale, and give him the right to buy common stock at a fixed exercise price.
What is the exercise price of Joseph P. Slattery’s Replimune (REPL) stock options?
The options have an exercise price of $7.61 per share. This means Slattery can buy Replimune common stock at $7.61 per share once the options vest and before they expire, regardless of the market price at that time.
When do Joseph P. Slattery’s Replimune (REPL) options vest and become exercisable?
All shares underlying this option vest entirely on April 1, 2027. Vesting means the options become exercisable on that date, allowing Slattery to purchase Replimune common stock at the fixed exercise price if he chooses.
When do Joseph P. Slattery’s Replimune (REPL) stock options expire?
The stock options expire on April 1, 2036. After that expiration date, any unexercised options can no longer be used to buy Replimune shares, effectively becoming worthless if not exercised before the deadline.
Is this Replimune (REPL) Form 4 a market transaction or a compensation award?
This Form 4 reflects a compensation-related grant, not a market trade. The transaction code shows a grant or award acquisition of options, indicating the company granted Slattery options as part of his role rather than him buying shares on the open market.