RxSight executive exchanges options at $6.375
RxSight’s chief business development officer exchanged multiple higher‑priced options for new grants at a $6.375 exercise price under the company’s option exchange program.
Rhea-AI Filing Summary
RxSight, Inc. reported an option exchange for Chief Business Development Officer Eric Weinberg on September 5, 2026. Several outstanding stock options were returned to the company, including grants for 87,437, 95,000, 92,200, 50,000, and 125,000 shares with exercise prices ranging from $14.95 to $56.07 per share. In connection with the issuer’s option exchange program, these were replaced with new options for 65,742, 82,608, 59,483, 32,258, and 93,984 shares at a post‑exchange exercise price of $6.375 per share, subject to time‑based vesting conditions through 2027. No Rule 10b5‑1 trading plan is reported, and all positions are held directly.
Positive
- None.
Negative
- None.
Insider Trade Summary
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Disposition | Stock option (right to buy) F1 | 87,437 | -- | -- |
| Disposition | Stock Option (right to buy) F3, F2 | 95,000 | -- | -- |
| Disposition | Stock Option (right to buy) F5, F4 | 92,200 | -- | -- |
| Disposition | Stock Option (right to buy) F5, F6 | 50,000 | -- | -- |
| Disposition | Stock Option (right to buy) F1, F7 | 125,000 | -- | -- |
| Grant/Award | Stock Option (right to buy) F1, F8 | 65,742 | -- | -- |
| Grant/Award | Stock Option (right to buy) F3, F9 | 82,608 | -- | -- |
| Grant/Award | Stock Option (right to buy) F5, F10 | 59,483 | -- | -- |
| Grant/Award | Stock Option (right to buy) F5, F11 | 32,258 | -- | -- |
| Grant/Award | Stock Option (right to buy) F1, F12 | 93,984 | -- | -- |
Footnotes (12)
- F1. On September 5, 2026, in connection with the Issuer's option exchange program, the Issuer exchanged the Reporting Person's outstanding option on a 1.33:1 basis with a post-exchange exercise price of $6.375 per share.
- F2. Subject to the Reporting Person continuing to be a Service Provider (as defined in the Issuer's 2021 Equity Incentive Plan) through each applicable date, one forty-eighth (1/48th) of the shares subject to the option shall vest each month following the Vesting Commencement Date on the same day of the month as the Vesting Commencement Date (and if there is no corresponding day, on the last day of the month). "Vesting Commencement Date" shall mean March 9, 2023.
- F3. On September 5, 2026, in connection with the Issuer's option exchange program, the Issuer exchanged the Reporting Person's outstanding option on a 1.15:1 basis with a post-exchange exercise price of $6.375 per share.
- F4. Subject to the Reporting Person continuing to be a Service Provider (as defined in the Issuer's 2021 Equity Incentive Plan) through each applicable date, one forty-eighth (1/48th) of the shares subject to the option shall vest each month following the Vesting Commencement Date on the same day of the month as the Vesting Commencement Date (and if there is no corresponding day, on the last day of the month). "Vesting Commencement Date" shall mean March 4, 2024.
- F5. On September 5, 2026, in connection with the Issuer's option exchange program, the Issuer exchanged the Reporting Person's outstanding option on a 1.55:1 basis with a post-exchange exercise price of $6.375 per share.
- F6. Subject to the Reporting Person continuing to be a Service Provider (as defined in the Issuer's 2021 Equity Incentive Plan) through each applicable date, one forty-eighth (1/48th) of the shares subject to the option shall vest each month following the Vesting Commencement Date on the same day of the month as the Vesting Commencement Date (and if there is no corresponding day, on the last day of the month). "Vesting Commencement Date" shall mean August 7, 2024.
- F7. Subject to the Reporting Person continuing to be a Service Provider (as defined in the Issuer's 2021 Equity Incentive Plan) through each applicable date, one forty-eighth (1/48th) of the shares subject to the option shall vest each month following the Vesting Commencement Date on the same day of the month as the Vesting Commencement Date (and if there is no corresponding day, on the last day of the month). "Vesting Commencement Date" shall mean February 27, 2025.
- F8. Subject to the Reporting Person continuing to be a Service Provider (as defined in the Issuer's 2021 Equity Incentive Plan) through each applicable date, 25% of the shares subject to the option will vest on February 28, 2027 and the remaining 75% of the shares subject to the option will vest on August 31, 2027.
- F9. Subject to the Reporting Person continuing to be a Service Provider (as defined in the Issuer's 2021 Equity Incentive Plan) through each applicable date, 25% of the 70,560 shares subject to the option will vest on February 28, 2027 and the remaining 75% of the 70,560 shares subject to the option will vest on August 31, 2027. Subject to the Reporting Person continuing to be a Service Provider (as defined in the Issuer's 2021 Equity Incentive Plan) through each applicable date, one twenty-fourth (1/24th) of the 12,048 shares subject to the option will vest on February 28, 2027 and in equal monthly installments thereafter.
- F10. Subject to the Reporting Person continuing to be a Service Provider (as defined in the Issuer's 2021 Equity Incentive Plan) through each applicable date, 25% of the 37,177 shares subject to the option will vest on February 28, 2027 and the remaining 75% of the 37,177 shares subject to the option will vest on August 31, 2027. Subject to the Reporting Person continuing to be a Service Provider (as defined in the Issuer's 2021 Equity Incentive Plan) through each applicable date, one twenty-fourth (1/24th) of the 22,306 shares subject to the option will vest on February 28, 2027 and in equal monthly installments thereafter.
- F11. Subject to the Reporting Person continuing to be a Service Provider (as defined in the Issuer's 2021 Equity Incentive Plan) through each applicable date, 25% of the 16,129 shares subject to the option will vest on February 28, 2027 and the remaining 75% of the 16,129 shares subject to the option will vest on August 31, 2027. Subject to the Reporting Person continuing to be a Service Provider (as defined in the Issuer's 2021 Equity Incentive Plan) through each applicable date, one twenty-fourth (1/24th) of the 16,129 shares subject to the option will vest on February 28, 2027 and in equal monthly installments thereafter.
- F12. Subject to the Reporting Person continuing to be a Service Provider (as defined in the Issuer's 2021 Equity Incentive Plan) through each applicable date, 25% of the 35,244 shares subject to the option will vest on February 28, 2027 and the remaining 75% of the 35,244 shares subject to the option will vest on August 31, 2027. Subject to the Reporting Person continuing to be a Service Provider (as defined in the Issuer's 2021 Equity Incentive Plan) through each applicable date, one twenty-fourth (1/24th) of the 58,740 shares subject to the option will vest on February 28, 2027 and in equal monthly installments thereafter.
Key Figures
Key Terms
option exchange program financial
Vesting Commencement Date financial
Service Provider financial
2021 Equity Incentive Plan financial
FAQ
What did RxSight (RXST) disclose about Eric Weinberg’s stock options on this Form 4?
How many RxSight (RXST) options were disposed of in the exchange for Eric Weinberg?
What new RxSight (RXST) option grants did Eric Weinberg receive and at what exercise price?
How does the RxSight (RXST) option exchange program affect vesting for Eric Weinberg’s new options?
Were Eric Weinberg’s RxSight (RXST) option transactions made under a Rule 10b5‑1 plan?
What were the original exercise prices of the RxSight (RXST) options exchanged by Eric Weinberg?
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