Revolution Medicines (RVMD) grants stock options and RSUs to director
Filing Impact
Filing Sentiment
Form Type
4
Rhea-AI Filing Summary
Revolution Medicines, Inc. reported that director Kim Lorence H. received new equity compensation awards. The director was granted 1,191 shares of Common Stock in the form of restricted stock units at no cash cost, increasing direct holdings to 74,281 shares. In addition, the director received a stock option for 3,127 shares of Common Stock with 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 next Annual Meeting after the grant date, as long as the director continues as a service provider under the company’s 2020 Plan.
Positive
- None.
Negative
- None.
Insider Trade Summary
2 transactions reported
Mixed
2 txns
Insider
Kim Lorence H.
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 — 74,281 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 granted: 1,191 shares
Stock options granted: 3,127 options
Option exercise price: $162.99/share
+3 more
6 metrics
Restricted stock units granted
1,191 shares
RSUs included in common stock holdings for director
Stock options granted
3,127 options
Right to buy common stock
Option exercise price
$162.99/share
Strike price for stock option grant
Option expiration date
June 18, 2036
Expiration of director’s stock option
Shares held after grant
74,281 shares
Director’s direct common stock holdings after awards
Underlying option shares
3,127 shares
Common stock underlying the stock option
Key Terms
restricted stock units, Stock Option (Right to Buy), Annual Meeting, 2020 Plan
4 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
"Stock Option (Right to Buy) with 3,127 shares underlying"
Annual Meeting financial
"vest in full on the earlier of the first anniversary or immediately prior to the Annual Meeting"
A company's annual meeting is a yearly gathering where owners (shareholders) and the board review performance, ask questions, and vote on key matters like electing directors, approving auditor choices, and sometimes setting pay or dividend policies. For investors it matters because decisions made and votes cast can change who runs the company, influence strategy and payouts, and affect the value or direction of their investment—similar to a homeowners’ meeting where rules and leaders that shape your property’s value are decided.
2020 Plan financial
"subject to the Reporting Person remaining a Service Provider (as defined in the 2020 Plan)"
FAQ
What insider transaction did Revolution Medicines (RVMD) report for Kim Lorence H.?
Revolution Medicines reported that director Kim Lorence H. received equity awards, including 1,191 restricted stock units and a stock option for 3,127 shares. These grants are compensation, not open-market purchases or sales, and increase the director’s reported equity stake in the company.
What are the terms of the new stock options granted by Revolution Medicines (RVMD)?
The stock option covers 3,127 shares of Revolution Medicines common stock at an exercise price of $162.99 per share and expires on June 18, 2036. It represents a right to buy shares in the future, subject to vesting and continued service conditions.
When do the new Revolution Medicines (RVMD) stock options for the director vest?
The stock options 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 requires the director to remain a service provider under the company’s 2020 equity incentive plan through that date.