Sangamo CEO granted 2.5M stock options
Sangamo Therapeutics reported that its President, CEO and Director, Sandy Macrae, received a grant of stock options covering 2,500,000 shares of common stock.
Rhea-AI Filing Summary
Sangamo Therapeutics reported that its President, CEO and Director, Sandy Macrae, received a grant of stock options covering 2,500,000 shares of common stock. The options have an exercise price of $0.2601 per share and expire on March 31, 2036.
According to the vesting terms, one-quarter of the option shares will vest and become exercisable on the first anniversary of the grant date, with the remaining shares vesting in 24 equal monthly installments after that, subject to Dr. Macrae’s continuous service and the provisions of the company’s 2018 Equity Incentive Plan.
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Insights
CEO receives a large, long-dated option grant that aligns incentives but does not involve cash buying or selling.
The filing shows Sandy Macrae receiving stock options for 2,500,000 shares of Sangamo Therapeutics common stock at an exercise price of $0.2601 per share, expiring on March 31, 2036. This is classified as a grant or award, not an open-market purchase.
The vesting schedule requires one year of service before any options vest, then 24 monthly installments, all subject to continuous service and the 2018 Equity Incentive Plan. This structure is typical for senior executive incentives, encouraging multi‑year retention and alignment with long‑term share price performance.
The grant adds derivative exposure without immediate share issuance; any future dilution would occur only if the options become exercisable and are actually exercised. Future company disclosures may indicate how this grant compares to prior equity awards and overall CEO compensation levels.
Insider Trade Summary
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Grant/Award | Stock Option (Right to Buy) | 2,500,000 | $0.00 | $0.00 |
Footnotes (1)
- F1. One-quarter (1/4) of the shares subject to the option will vest and become exercisable on the first anniversary of the grant date, and the remainder of the shares will vest and become exercisable in 24 successive equal monthly installments thereafter, subject to the Reporting Person's Continuous Service (as defined in the 2018 EIP) through each such date and subject to acceleration as provided in the 2018 EIP.
Key Figures
Key Terms
Stock Option (Right to Buy) financial
Grant, award, or other acquisition financial
Continuous Service financial
2018 EIP financial
vesting financial
FAQ
AI-generated questions and answers. How Rhea-AI works. Not financial advice.
What insider transaction did Sangamo Therapeutics (SGMO) report for Sandy Macrae?
What is the exercise price and expiration date of Sandy Macrae’s new SGMO stock options?
How do the 2,500,000 SGMO options granted to Sandy Macrae vest over time?
Does Sandy Macrae’s Form 4 for SGMO show any stock sales or open-market purchases?
What does the Form 4 indicate about Sandy Macrae’s derivative holdings after this SGMO grant?
Under what plan were Sandy Macrae’s SGMO stock options granted and what conditions apply?
AI-generated analysis. How Rhea-AI works. Not financial advice.