SenesTech (SNES) awards director 100,000 stock options at $1.65
Filing Impact
Filing Sentiment
Form Type
4
Rhea-AI Filing Summary
SenesTech, Inc. director Graham Lynn Yako received a grant of stock options as part of his compensation. He was awarded 100,000 Stock Options (right to buy), each giving the right to purchase one share of common stock at an exercise price of $1.65 per share.
The options relate to 100,000 shares of common stock and expire on June 15, 2036. Following this grant, Yako holds 100,000 options directly. A footnote states the award vests monthly over one year in 12 equal installments, indicating a time-based vesting schedule rather than an immediate, fully vested grant.
Positive
- None.
Negative
- None.
Insider Trade Summary
1 transaction reported
Mixed
1 txn
Insider
Graham Lynn Yako
Role
null
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Grant/Award | Stock Option (right to buy) | 100,000 | $0.00 | -- |
Holdings After Transaction:
Stock Option (right to buy) — 100,000 shares (Direct, null)
Footnotes (1)
- [object Object]
Key Figures
Options granted: 100,000 options
Exercise price: $1.65 per share
Underlying shares: 100,000 shares
+3 more
6 metrics
Options granted
100,000 options
Stock Option (right to buy) grant to director on June 15, 2026
Exercise price
$1.65 per share
Conversion or exercise price for granted options
Underlying shares
100,000 shares
Common stock underlying the option award
Expiration date
June 15, 2036
Option term end date for the grant
Post‑grant option holdings
100,000 options
Total options held following the reported transaction
Vesting schedule
12 equal monthly installments over 1 year
Time-based vesting of the awarded options per footnote
Key Terms
Stock Option (right to buy), Grant, award, or other acquisition, derivative, exercise price, +1 more
5 terms
Stock Option (right to buy) financial
"security_title: "Stock Option (right to buy)""
Grant, award, or other acquisition financial
"transaction_code_description: "Grant, award, or other acquisition""
derivative financial
"transaction_type: "derivative""
A derivative is a financial contract whose value depends on the price or performance of another asset or measure — for example a stock, index, interest rate, commodity, or currency. Investors use derivatives like insurance or leveraged bets to hedge risk, speculate, or gain exposure without owning the underlying asset; they can protect portfolios but also amplify losses and introduce counterparty and market risk.
exercise price financial
"conversion_or_exercise_price: "1.6500""
The exercise price is the fixed amount at which you can buy or sell an asset, like a stock, when using an options contract. It matters because it helps determine whether exercising the option will be profitable or not, depending on the current market price. Think of it as the set price you agree on today to buy or sell later.
underlying security financial
"underlying_security_title: "Common Stock""
FAQ
What did SenesTech (SNES) director Graham Lynn Yako report on this Form 4?
Graham Lynn Yako reported receiving a grant of stock options from SenesTech. The award covers 100,000 options on common stock, reflecting a compensation-related acquisition rather than an open-market trade, and establishes his initial reported option holdings with the company.
How many SenesTech (SNES) stock options were granted to Graham Lynn Yako?
He was granted 100,000 stock options, each tied to one share of SenesTech common stock. This derivative position represents his full reported option holdings following the transaction, according to the Form 4 disclosure and related transaction summary data provided.
What is the exercise price and expiration date of Graham Lynn Yako’s SenesTech options?
The options carry an exercise price of $1.65 per share and expire on June 15, 2036. This means Yako can purchase SenesTech common stock at $1.65 anytime after vesting and before the 2036 expiration date, subject to the award’s terms.
How do Graham Lynn Yako’s SenesTech stock options vest?
The options vest monthly over one year in 12 equal installments, according to a footnote. This structure spreads vesting over the first year, rewarding continued service rather than granting full, immediate ownership of all 100,000 options at once.