Scribe Therapeutics grants 14,725 stock options
Scribe Therapeutics, Inc. reported that Dr. Behzad Aghazadeh and affiliated entities Avoro Capital Advisors LLC and Avoro Ventures LLC received a grant of 14,725 stock options to purchase Common Stock.
Rhea-AI Filing Summary
Scribe Therapeutics, Inc. reported that Dr. Behzad Aghazadeh and affiliated entities Avoro Capital Advisors LLC and Avoro Ventures LLC received a grant of 14,725 stock options to purchase Common Stock. The options carry a $15.00 exercise price and expire on July 22, 2036. They vest in three equal installments on July 23, 2027, July 23, 2028, and July 23, 2029, subject to Dr. Aghazadeh’s continued service. The reporting persons expressly disclaim beneficial ownership of the securities except to the extent of their pecuniary interest.
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Insider Trade Summary
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Grant/Award | Stock Option (Right to Buy) F1, F2, F3 | 14,725 | $0.00 | $0.00 |
Footnotes (3)
- F1. The options will vest as to 1/3 of the total shares on each of July 23, 2027, July 23, 2028 and July 23, 2029, subject to Behzad Aghazadeh's ("Dr. Aghazadeh") provision of service to the Issuer on each vesting date.
- F2. This Form 4 is filed by Dr. Aghazadeh, Avoro Capital Advisors LLC, a Delaware limited liability company ("Avoro Capital Advisors"), and Avoro Ventures LLC, a Delaware limited liability company ("Avoro Ventures," together with Dr. Aghazadeh and Avoro Capital Advisors, the "Reporting Persons"). Dr. Aghazadeh serves as the portfolio manager and controlling person of Avoro Capital Advisors and Avoro Ventures LLC.
- F3. The filing of this statement shall not be deemed an admission that any Reporting Person is the beneficial owner of the securities reported herein for the purposes of Section 16 of the Securities Exchange Act of 1934, as amended, or otherwise. Each of the Reporting Persons expressly disclaims beneficial ownership of the securities reported herein except to the extent of its or his pecuniary interest therein.
Key Figures
Key Terms
Stock Option (Right to Buy) financial
beneficial owner financial
Section 16 of the Securities Exchange Act of 1934 regulatory
directors by deputization regulatory
FAQ
AI-generated questions and answers. How Rhea-AI works. Not financial advice.
What insider transaction did Scribe Therapeutics (SCTX) report for Dr. Behzad Aghazadeh?
What is the exercise price of the new SCTX stock options granted to Dr. Aghazadeh?
When do the Scribe Therapeutics (SCTX) options granted to Dr. Aghazadeh vest?
What is the expiration date of the SCTX options granted to Dr. Aghazadeh and affiliates?
How many SCTX derivative securities does Dr. Aghazadeh hold after this option grant?
Do Avoro Capital Advisors and Avoro Ventures have any special role at Scribe Therapeutics (SCTX)?
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