Repligen (RGEN) CEO receives 25,890 options and 24,134 RSUs
Filing Impact
Filing Sentiment
Form Type
4
Rhea-AI Filing Summary
Repligen Corporation Chief Executive Officer Olivier Loeillot received new equity awards that increase his direct ownership stake. He was granted 25,890 stock options to buy Common Stock at an exercise price of $141.91 per share, expiring in 2036, vesting in three equal annual installments on March 5, 2027, 2028 and 2029. He also received 24,134 restricted stock units, each representing one share of Common Stock, vesting in equal annual installments over three years beginning on the first anniversary of the grant date. Following these awards, his direct Common Stock holdings total 58,078 shares, and the restricted stock units will be settled only in shares when they vest.
Positive
- None.
Negative
- None.
Insider Trade Summary
2 transactions reported
Mixed
2 txns
Insider
Loeillot Olivier
Role
Chief Executive Officer
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Grant/Award | Stock Option (Right to Buy) | 25,890 | $0.00 | -- |
| Grant/Award | Common Stock | 24,134 | $0.00 | -- |
Holdings After Transaction:
Stock Option (Right to Buy) — 25,890 shares (Direct);
Common Stock — 58,078 shares (Direct)
Footnotes (1)
- Mr. Loeillot was awarded 24,134 restricted stock units. Each restricted stock unit represents a contingent right to receive one share of Repligen Corporation's Common Stock. The restricted stock units vest in equal annual instalments over a three-year period beginning on the first anniversary of the grant date. The restricted stock units may be settled only by delivering shares of Repligen Corporation's Common Stock, and thus, the grant is being reported in Table 1 as allowed per SEC guidance. One third of the stock options will vest and become exercisable annually on March 5, 2027, March 5, 2028, and March 5, 2029.
FAQ
What equity awards did Repligen (RGEN) grant to its CEO Olivier Loeillot?
Repligen granted CEO Olivier Loeillot 25,890 stock options and 24,134 restricted stock units. The options carry a $141.91 exercise price, while each restricted stock unit represents one share of Common Stock delivered upon vesting.
How do Olivier Loeillot’s new Repligen (RGEN) stock options vest?
The 25,890 stock options granted to Olivier Loeillot vest in three equal annual installments. One third becomes exercisable on March 5, 2027, another third on March 5, 2028, and the final third on March 5, 2029.
What are the vesting terms of the restricted stock units granted to Repligen (RGEN) CEO?
Olivier Loeillot’s 24,134 restricted stock units vest in equal annual installments over three years. Vesting starts on the first anniversary of the grant date, and the units are settled only by delivering shares of Repligen Common Stock.
What is the exercise price and expiration date of Repligen (RGEN) CEO’s new options?
The newly granted 25,890 stock options have an exercise price of $141.91 per share. These options expire in 2036, giving the CEO a long-dated right to purchase Repligen Common Stock if the options vest.