Director Greg Hinckley adds 3,085 SI-BONE (SIBN) shares via options
Filing Impact
Filing Sentiment
Form Type
4
Rhea-AI Filing Summary
SI-BONE, Inc. director Greg K. Hinckley exercised stock options to acquire 3,085 shares of common stock at an exercise price of $5.94 per share. Following the transaction, he directly owns 105,135 shares of common stock.
This direct holding figure includes 8,675 shares issuable upon settlement of restricted stock units, each representing a right to receive one share of common stock. A portion of the shares is held with his spouse as community property with right of survivorship. The option exercised was part of a grant that vested in equal monthly installments over three years beginning on October 17, 2018.
Positive
- None.
Negative
- None.
Insider Trade Summary
3,085 shares exercised/converted
Mixed
3 txns
Insider
Hinckley Greg K
Role
Director
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Exercise | Stock Option (Right to Buy) | 3,085 | $0.00 | -- |
| Exercise | Common Stock | 3,085 | $5.94 | $18K |
| holding | Common Stock | -- | -- | -- |
Holdings After Transaction:
Stock Option (Right to Buy) — 0 shares (Direct);
Common Stock — 105,135 shares (Direct)
Footnotes (1)
- Includes 8,675 shares issuable on the settlement of restricted stock units granted to the Reporting Person. Each restricted stock unit represents a contingent right to receive one share of the Issuer's common stock. Shares held by Gregory K. Hinckley and Mary C. Hinckley as Community Property with the Right of Survivorship. The shares subject to the option vest in equal monthly installments over three years commencing on October 17, 2018, subject to Reporting Person's continued service through each relevant vesting date.
Key Figures
Options exercised: 3,085 shares
Exercise price: $5.94 per share
Direct holdings after exercise: 105,135 shares
+2 more
5 metrics
Options exercised
3,085 shares
Stock Option (Right to Buy) exercised on 2026-04-07
Exercise price
$5.94 per share
Conversion of stock option into common stock
Direct holdings after exercise
105,135 shares
Common stock directly owned following transaction
Restricted stock units included
8,675 shares
Shares issuable upon RSU settlement included in holdings
Option vesting schedule
3 years monthly
Equal monthly vesting starting October 17, 2018
Key Terms
Stock Option (Right to Buy), restricted stock units, community property with the right of survivorship
3 terms
Stock Option (Right to Buy) financial
"security_title: Stock Option (Right to Buy)"
restricted stock units financial
"Includes 8,675 shares issuable on the settlement of restricted stock units"
Restricted stock units are a type of company reward where employees are promised shares of stock, but they only fully own these shares after meeting certain conditions, like staying with the company for a set time. They matter because they can become valuable assets and are often used to motivate employees to help the company succeed.
community property with the right of survivorship financial
"Shares held by Gregory K. Hinckley and Mary C. Hinckley as Community Property with the Right of Survivorship"
FAQ
What did SI-BONE (SIBN) director Greg Hinckley do in this Form 4?
Director Greg K. Hinckley exercised stock options to acquire 3,085 shares of SI-BONE common stock at $5.94 per share. This transaction converts a derivative award into actual shares as part of his equity compensation.
What was the exercise price of Greg Hinckley’s SI-BONE (SIBN) options?
Greg K. Hinckley exercised stock options at an exercise price of $5.94 per share for 3,085 shares. This reflects the predetermined strike price of an existing option grant rather than an open-market purchase.
Are restricted stock units included in Greg Hinckley’s SI-BONE (SIBN) holdings?
Yes. Hinckley’s reported holdings include 8,675 shares issuable upon settlement of restricted stock units. Each unit represents a contingent right to receive one share of SI-BONE common stock, subject to the award’s vesting conditions.
When did Greg Hinckley’s SI-BONE (SIBN) stock option begin vesting?
The option exercised by Greg K. Hinckley began vesting on October 17, 2018. It vested in equal monthly installments over three years, conditioned on his continued service through each relevant vesting date.