Sana Biotechnology grants 90,000 options to director
Sana Biotechnology director Michelle Seitz received a grant of stock options for 90,000 shares of common stock.
Rhea-AI Filing Summary
Sana Biotechnology director Michelle Seitz received a grant of stock options for 90,000 shares of common stock. The options have an exercise price of $2.96 per share and expire on June 3, 2036. They vest and become fully exercisable on the earlier of June 4, 2027 or immediately prior to Sana’s 2027 annual stockholder meeting, as long as she continues to provide service to the company through that date. Following this award, she holds 90,000 stock options directly, reflecting a compensation-related acquisition rather than an open-market share purchase.
Positive
- None.
Negative
- None.
Insider Trade Summary
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Grant/Award | Stock Option (Right to Buy) | 90,000 | $0.00 | $0.00 |
Footnotes (1)
- F1. The option vests and becomes exercisable as to 100% of the underlying shares on the earlier of (i) June 4, 2027 and (ii) immediately prior to the 2027 annual meeting of stockholders of Sana Biotechnology, Inc. ("Sana"), provided that the reporting person provides continuous service to Sana through such date.
Key Figures
Key Terms
Stock Option (Right to Buy) financial
exercise price financial
vesting financial
expiration date financial
underlying security financial
FAQ
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What did Sana Biotechnology director Michelle Seitz receive in this Form 4 filing for SANA?
What is the exercise price of Michelle Seitz’s new Sana (SANA) stock options?
When do Michelle Seitz’s Sana Biotechnology (SANA) options vest?
When do the stock options granted to Michelle Seitz at Sana (SANA) expire?
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AI-generated analysis. How Rhea-AI works. Not financial advice.