Sangamo (NASDAQ: SGMO) awards 225,000 stock options to accounting chief
Filing Impact
Filing Sentiment
Form Type
4
Rhea-AI Filing Summary
Sangamo Therapeutics Principal Accounting Officer Nikunj Jain received a grant of stock options as equity compensation. The award covers 225,000 options to buy common stock at an exercise price of $0.2601 per share, expiring on March 31, 2036.
One quarter of the options vest on the first anniversary of the grant date, and the remaining options vest in 24 equal monthly installments, subject to Mr. Jain’s continuous service and the terms of the company’s 2018 equity incentive plan. No open‑market share purchases or sales were reported in this filing.
Positive
- None.
Negative
- None.
Insider Trade Summary
1 transaction reported
Mixed
1 txn
Insider
Jain Nikunj
Role
Principal Accounting Officer
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Grant/Award | Stock Option (Right to Buy) | 225,000 | $0.00 | -- |
Holdings After Transaction:
Stock Option (Right to Buy) — 225,000 shares (Direct)
Footnotes (1)
- [object Object]
Key Figures
Stock options granted: 225,000 options
Exercise price: $0.2601 per share
Expiration date: March 31, 2036
+3 more
6 metrics
Stock options granted
225,000 options
Grant to Principal Accounting Officer on April 1, 2026
Exercise price
$0.2601 per share
Strike price for granted stock options
Expiration date
March 31, 2036
Option term end date
Post-grant option holdings
225,000 options
Total derivative securities following transaction
Initial vesting
25% after 1 year
One quarter vests on first anniversary of grant
Remaining vesting schedule
24 monthly installments
Balance vests over 24 successive months
Key Terms
Stock Option (Right to Buy), Continuous Service, 2018 EIP, Grant, award, or other acquisition
4 terms
Stock Option (Right to Buy) financial
"security_title: "Stock Option (Right to Buy)""
Continuous Service financial
"subject to the Reporting Person's Continuous Service"
2018 EIP financial
"as provided in the 2018 EIP"
Grant, award, or other acquisition financial
"transaction_code_description: "Grant, award, or other acquisition""
FAQ
What insider transaction did Sangamo Therapeutics (SGMO) report for Nikunj Jain?
Sangamo Therapeutics reported that Principal Accounting Officer Nikunj Jain received a grant of 225,000 stock options. These options give him the right to buy common shares at a fixed price as part of his equity compensation package, rather than representing a market purchase or sale.
How many stock options did SGMO grant to Principal Accounting Officer Nikunj Jain?
Sangamo Therapeutics granted 225,000 stock options to Principal Accounting Officer Nikunj Jain. These options are exercisable for an equal number of common shares and increase his potential equity exposure to the company through a long-dated, service-based compensation award.
What is the exercise price and expiration date of Nikunj Jain’s SGMO stock options?
The granted options have an exercise price of $0.2601 per share and expire on March 31, 2036. This fixed exercise price and long expiration provide a multi-year incentive window tied to Sangamo Therapeutics’ future common stock performance.
How do the Sangamo Therapeutics options granted to Nikunj Jain vest over time?
One quarter of the options vest and become exercisable on the first anniversary of the grant date. The remaining three quarters vest in 24 equal monthly installments, contingent on Mr. Jain’s continuous service under the company’s 2018 equity incentive plan.
What is Nikunj Jain’s option position in SGMO after this reported grant?
After this grant, Mr. Jain holds 225,000 stock options directly, according to the filing’s post-transaction totals. These options relate to Sangamo Therapeutics common stock and reflect his potential, rather than current, share ownership stake at this stage.