Rapid Micro director granted stock and options
RAPID MICRO BIOSYSTEMS, INC. director Melinda Litherland received equity-based compensation consisting of restricted stock units and stock options.
Rhea-AI Filing Summary
RAPID MICRO BIOSYSTEMS, INC. director Melinda Litherland received equity-based compensation consisting of restricted stock units and stock options.
She was granted 19,300 shares of Class A Common Stock as restricted stock units that vest in full on the earlier of the first anniversary of the grant date or the day immediately before the next annual stockholder meeting, if she remains in continuous service.
She was also granted options on 38,700 shares of Class A Common Stock at an exercise price of $2.07 per share, which vest on the same schedule and expire on May 20, 2036. Following these grants, she directly owns 87,900 shares of Class A Common Stock.
Positive
- None.
Negative
- None.
Insider Trade Summary
Grant/Award: 58,000 shares
Grant/Award
2 txns
Insider
PEI MELINDA LITHERLAND
Role
Director
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Grant/Award | Stock Option (Right to Buy) | 38,700 | $0.00 | $0.00 |
| Grant/Award | Class A Common Stock | 19,300 | $0.00 | $0.00 |
Holdings After Transaction:
Stock Option (Right to Buy) — 38,700 contracts (Direct);
Class A Common Stock — 87,900 shares (Direct)
Footnotes (2)
- F1. Grant of restricted stock units ("RSUs") that vests in full on the earlier of (i) the first anniversary of the Grant Date, or (ii) the day immediately prior to the date of the next annual meeting of the stockholders of the Company provided that the Reporting Person remains in continuous service on such vesting date.
- F2. The option shall vest and become exercisable in full on the earlier of (i) the first anniversary of the Grant Date, or (ii) the day immediately prior to the date of the next annual meeting of the stockholders of the Company provided that the Reporting Person remains in continuous service on such vesting date.
Key Figures
RSU grant: 19,300 shares
Option grant underlying shares: 38,700 shares
Option exercise price: $2.07/share
+2 more
5 metrics
RSU grant
19,300 shares
Restricted stock units vesting by first anniversary or before next annual meeting
Option grant underlying shares
38,700 shares
Stock Option (Right to Buy) on Class A Common Stock
Option exercise price
$2.07/share
Conversion or exercise price for stock option grant
Shares owned after grant
87,900 shares
Total Class A Common Stock directly owned following reported transactions
Option expiration date
May 20, 2036
Expiration date of stock option grant
Key Terms
restricted stock units ("RSUs"), Stock Option (Right to Buy), continuous service, annual meeting of the stockholders
4 terms
restricted stock units ("RSUs") financial
"Grant of restricted stock units ("RSUs") that vests in full on the earlier of"
Restricted stock units (RSUs) are a company promise to give an employee shares of stock (or cash equivalent) in the future, but only after certain conditions—usually staying with the company for a set time or hitting performance goals—are met. Investors watch RSUs because when they vest they increase the number of shares outstanding and can lead insiders to sell shares, affecting share price, company dilution and the true cost of employee pay.
Stock Option (Right to Buy) financial
"security_title": "Stock Option (Right to Buy)""
continuous service financial
"provided that the Reporting Person remains in continuous service on such vesting date"
annual meeting of the stockholders financial
"immediately prior to the date of the next annual meeting of the stockholders of the Company"
FAQ
AI-generated questions and answers. How Rhea-AI works. Not financial advice.
What insider transactions did RPID director Melinda Litherland report?
Melinda Litherland reported receiving equity compensation, not open-market trades. She was granted 19,300 restricted stock units and stock options on 38,700 shares, both tied to Class A Common Stock, as part of her role with Rapid Micro Biosystems (RPID).
What are the key terms of Melinda Litherland’s RPID stock option grant?
Her stock option grant covers 38,700 shares of Class A Common Stock at an exercise price of $2.07 per share and expires on May 20, 2036. The option vests in full based on a service-based schedule tied to time and the next annual meeting.
When do Melinda Litherland’s RPID restricted stock units vest?
The 19,300 restricted stock units vest in full on the earlier of the first anniversary of the grant date or the day immediately before the next annual meeting. Vesting requires that she remain in continuous service with Rapid Micro Biosystems (RPID) through that vesting date.
Are Melinda Litherland’s RPID grants open-market purchases or compensation awards?
These transactions are compensation-related awards, not open-market purchases. The Form 4 uses transaction code “A” for both the restricted stock units and stock options, indicating grants or awards provided by Rapid Micro Biosystems (RPID) as part of her director compensation package.
AI-generated analysis. How Rhea-AI works. Not financial advice.
