Revolution Medicines (NASDAQ: RVMD) director receives stock and 3,127-share option grant
Filing Impact
Filing Sentiment
Form Type
4
Rhea-AI Filing Summary
Revolution Medicines, Inc. director Sushil Patel reported equity awards consisting of common stock and stock options. He received 1,191 shares of Common Stock, which include 1,191 restricted stock units. Following this award, he directly holds 24,281 common shares.
He also received a stock option covering 3,127 shares of Common Stock at an exercise price of $162.99 per share, expiring on June 18, 2036. The option vests in full on the earlier of the first anniversary of June 18, 2026 or immediately before the annual meeting following the grant date, subject to his continued service.
Positive
- None.
Negative
- None.
Insider Trade Summary
2 transactions reported
Mixed
2 txns
Insider
Patel Sushil
Role
null
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Grant/Award | Stock Option (Right to Buy) | 3,127 | $0.00 | -- |
| Grant/Award | Common Stock | 1,191 | $0.00 | -- |
Holdings After Transaction:
Stock Option (Right to Buy) — 3,127 shares (Direct, null);
Common Stock — 24,281 shares (Direct, null)
Footnotes (1)
- Includes 1,191 restricted stock units. Shares subject to the Option shall vest in full on the earlier of (i) the first anniversary of June 18, 2026 or (ii) immediately prior to the Annual Meeting following the date of grant subject to the Reporting Person remaining a Service Provider (as defined in the 2020 Plan) through the vesting date.
Key Figures
Restricted stock units: 1,191 units
Common shares held: 24,281 shares
Option grant size: 3,127 shares
+3 more
6 metrics
Restricted stock units
1,191 units
Equity award to director Sushil Patel
Common shares held
24,281 shares
Total direct holdings after award
Option grant size
3,127 shares
Stock Option (Right to Buy) underlying shares
Option exercise price
$162.99/share
Conversion or exercise price for option
Option expiration
June 18, 2036
Expiration date of stock option grant
Transactions classified as acquisitions
2 transactions
Both awards coded as grants/awards (A)
Key Terms
restricted stock units, Stock Option (Right to Buy), exercise price, Service Provider, +1 more
5 terms
restricted stock units financial
"Includes 1,191 restricted stock units."
Restricted stock units are a type of company reward where employees are promised shares of stock, but they only fully own these shares after meeting certain conditions, like staying with the company for a set time. They matter because they can become valuable assets and are often used to motivate employees to help the company succeed.
Stock Option (Right to Buy) financial
"security_title": "Stock Option (Right to Buy)""
exercise price financial
"conversion_or_exercise_price": "162.9900""
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.
Service Provider financial
"subject to the Reporting Person remaining a Service Provider (as defined in the 2020 Plan)"
2020 Plan financial
"as defined in the 2020 Plan) through the vesting date."
FAQ
What insider transactions did RVMD director Sushil Patel report?
Sushil Patel reported receiving 1,191 shares of Common Stock and a stock option for 3,127 shares. These are equity awards, not open-market trades, and represent routine director compensation at Revolution Medicines, Inc.
What are the key terms of Sushil Patel’s RVMD stock option grant?
Patel received a stock option covering 3,127 shares of RVMD Common Stock at an exercise price of $162.99 per share. The option expires on June 18, 2036 and represents a long-term incentive award rather than an immediate share purchase.
When do Sushil Patel’s RVMD stock options vest?
The option shares vest in full on the earlier of the first anniversary of June 18, 2026 or immediately before the annual meeting following the grant date. Vesting is conditioned on Patel remaining a Service Provider under the company’s 2020 Plan.