Sana Biotechnology (SANA) director receives 90,000-share stock option grant
Filing Impact
Filing Sentiment
Form Type
4
Rhea-AI Filing Summary
Sana Biotechnology, Inc. director Hans Edgar Bishop received a grant of stock options covering 90,000 shares of Common Stock at an exercise price of $2.96 per share. Following this grant, he holds options on 90,000 shares directly.
The options vest and become exercisable for all 90,000 underlying shares on the earlier of June 4, 2027 or immediately before Sana’s 2027 annual meeting of stockholders, provided he continues to serve the company through that date.
Positive
- None.
Negative
- None.
Insider Trade Summary
1 transaction reported
Mixed
1 txn
Insider
Bishop Hans Edgar
Role
null
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Grant/Award | Stock Option (Right to Buy) | 90,000 | $0.00 | -- |
Holdings After Transaction:
Stock Option (Right to Buy) — 90,000 shares (Direct, null)
Footnotes (1)
- [object Object]
Key Figures
Option grant size: 90,000 shares
Exercise price: $2.96 per share
Total options after grant: 90,000 shares
+2 more
5 metrics
Option grant size
90,000 shares
Stock Option (Right to Buy) granted to director
Exercise price
$2.96 per share
Conversion or exercise price of options
Total options after grant
90,000 shares
Total derivative shares following transaction
Expiration date
June 3, 2036
Option expiration date
Vesting date trigger
June 4, 2027
Earlier of this date or 2027 annual meeting, with continued service
Key Terms
Stock Option (Right to Buy), exercise price, vests and becomes exercisable, annual meeting of stockholders, +1 more
5 terms
Stock Option (Right to Buy) financial
"security_title: "Stock Option (Right to Buy)""
exercise price financial
"conversion_or_exercise_price: "2.9600""
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.
vests and becomes exercisable financial
"The option vests and becomes exercisable as to 100% of the underlying shares"
annual meeting of stockholders financial
"immediately prior to the 2027 annual meeting of stockholders of Sana Biotechnology, Inc."
Common Stock financial
"underlying_security_title: "Common Stock""
Common stock represents ownership shares in a company, giving investors a stake in its success and a say in important decisions through voting rights. It is the most common type of stock traded on markets and can provide income through dividends, as well as potential for value growth. For investors, holding common stock means sharing in the company’s profits and risks.
FAQ
What did Sana Biotechnology (SANA) director Hans Edgar Bishop report in this Form 4?
He reported receiving a grant of stock options for 90,000 shares of Sana Biotechnology Common Stock at an exercise price of $2.96 per share. These are compensation-related awards, not open-market purchases or sales of existing shares.
What are the key terms of Hans Edgar Bishop’s new options at Sana Biotechnology (SANA)?
The options cover 90,000 shares of Common Stock with a $2.96 per-share exercise price and expire on June 3, 2036. They vest in full on the earlier of June 4, 2027 or immediately before Sana’s 2027 annual stockholders’ meeting, subject to continued service.
When do the newly granted Sana Biotechnology (SANA) options to Hans Edgar Bishop vest?
They vest and become exercisable for all 90,000 underlying shares on the earlier of June 4, 2027, or immediately prior to the 2027 annual meeting of stockholders, provided Bishop continues to provide service to Sana Biotechnology until that date.
How many Sana Biotechnology (SANA) options does Hans Edgar Bishop hold after this transaction?
After the reported grant, Bishop holds stock options on 90,000 shares of Sana Biotechnology Common Stock directly. This total reflects the newly awarded options reported in the filing and represents his option position visible from this Form 4 entry.