[Form 3] SpyGlass Pharma, Inc. Initial Statement of Beneficial Ownership
Rhea-AI Filing Summary
SpyGlass Pharma, Inc. Chief Financial Officer Jean-Frederic Viret reported his initial beneficial ownership on a Form 3. He holds a stock option covering 263,907 shares of common stock at an exercise price of $10.55 per share, expiring on November 12, 2035.
The option vests over time, starting from a vesting commencement date of January 1, 2026. Twenty-five percent of the shares vest on the one-year anniversary of that date, with the remaining shares vesting in equal monthly installments over the following three years, contingent on continued service.
Positive
- None.
Negative
- None.
Insider Trade Summary
1 transaction reported
Mixed
1 txn
Insider
Viret Jean-Frederic
Role
Chief Financial Officer
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| holding | Stock Option (right to buy) | -- | -- | -- |
Holdings After Transaction:
Stock Option (right to buy) — 263,907 shares (Direct)
Footnotes (1)
- F1. Subject to the Reporting Person continuing to be a Service Provider (as defined in the Issuer's Amended and Restated 2019 Equity Incentive Plan) through each applicable date, twenty-five percent (25%) of the shares subject to the option shall vest on the one (1) year anniversary of the Vesting Commencement Date, and one thirty-sixth (1/36th) of the remaining shares subject to the option shall vest each month thereafter on the same day of the month as the Vesting Commencement Date (and if there is no corresponding day, on the last day of the month). "Vesting Commencement Date" shall mean January 1, 2026.
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