Form 4: Donenberg Phillip B. reports acquisition/exercise transactions in SNSE
Filing Impact
Filing Sentiment
Form Type
4
Rhea-AI Filing Summary
Donenberg Phillip B. reported acquisition or exercise transactions in a Form 4 filing for SNSE. The filing lists transactions totaling 1,900 shares. Following the reported transactions, holdings were 1,900 shares.
Positive
- None.
Negative
- None.
Insider Trade Summary
1 transaction reported
Mixed
1 txn
Insider
Donenberg Phillip B.
Role
Director
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Grant/Award | Stock Option (right to buy) | 1,900 | $0.00 | -- |
Holdings After Transaction:
Stock Option (right to buy) — 1,900 shares (Direct)
Footnotes (1)
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FAQ
What insider transaction did SNSE director Phillip B. Donenberg report?
Phillip B. Donenberg reported receiving a stock option grant for 1,900 shares. The derivative award gives him the right to purchase Sensei Biotherapeutics (SNSE) common stock at a set exercise price, subject to a multi-year vesting schedule tied to continued service.
How many SNSE stock options were granted to Phillip B. Donenberg?
He was granted stock options covering 1,900 shares of Sensei Biotherapeutics common stock. This entire amount is reflected as derivative securities beneficially owned following the reported transaction, subject to vesting over time as detailed in the award’s terms.
What is the exercise price of Phillip B. Donenberg’s SNSE stock options?
The stock options have an exercise price of $9.09 per share. This means he can purchase Sensei Biotherapeutics (SNSE) common stock at $9.09 if and when the options vest and he chooses to exercise them in the future.
When do Phillip B. Donenberg’s SNSE options fully vest?
The options vest in 36 equal monthly installments and are fully vested on February 13, 2029. Vesting depends on his continuous service with Sensei Biotherapeutics through each monthly vesting date specified in the award’s terms.
Is Phillip B. Donenberg’s SNSE option grant a purchase or an award?
The transaction is reported as a grant or award, not an open-market purchase. It is coded as an acquisition of derivative securities, reflecting compensation in the form of stock options subject to specified vesting conditions over three years.
How is ownership of the SNSE stock options reported for Phillip B. Donenberg?
Ownership of the 1,900 stock options is reported as direct. Following the grant, the Form 4 shows 1,900 derivative securities beneficially owned directly, indicating the award is tied personally to the director rather than an indirect holding entity.