SpyGlass CEO granted 300,000 stock options
SpyGlass Pharma, Inc. Chief Executive Officer and director Patrick H. Mooney reported the acquisition of a stock option grant for 300,000 shares of common stock.
Rhea-AI Filing Summary
SpyGlass Pharma, Inc. Chief Executive Officer and director Patrick H. Mooney reported the acquisition of a stock option grant for 300,000 shares of common stock. The option has an exercise price of $16 per share and is held as a direct ownership position.
The grant vests over four years starting from a vesting commencement date of February 5, 2026. Twenty-five percent of the shares vest on the one-year anniversary of that date, and the remaining shares vest in equal monthly installments thereafter, contingent on Mr. Mooney continuing as a service provider.
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Insider Trade Summary
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Grant/Award | Stock Option (right to buy) | 300,000 | $0.00 | $0.00 |
Footnotes (1)
- F1. Subject to the Reporting Person continuing to be a Service Provider (as defined in the Issuer's 2026 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 forty-eighth (1/48th) of the 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 February 5, 2026.
FAQ
What insider transaction did SpyGlass Pharma (SGP) report for Patrick H. Mooney?
What are the key terms of Patrick H. Mooney’s 300,000 SpyGlass Pharma (SGP) options?
How do Patrick H. Mooney’s SpyGlass Pharma (SGP) options vest over time?
What role does continued service play in Patrick H. Mooney’s SGP option vesting?
How many SpyGlass Pharma (SGP) derivative securities does Patrick H. Mooney hold after this grant?
Is Patrick H. Mooney’s ownership in SpyGlass Pharma (SGP) direct or indirect for this option grant?
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