Stoke Therapeutics (STOK) director granted 17,786 stock options at $29.46
Filing Impact
Filing Sentiment
Form Type
4
Rhea-AI Filing Summary
Stoke Therapeutics director Arthur A. Levin received a grant of stock options covering 17,786 shares of common stock. The options have an exercise price of $29.46 per share and expire on June 2, 2036. According to the grant terms, the award vests in full on the earlier of June 3, 2027 or the company’s next annual stockholder meeting, contingent on Levin’s continued service.
Positive
- None.
Negative
- None.
Insider Trade Summary
1 transaction reported
Mixed
1 txn
Insider
LEVIN ARTHUR A
Role
null
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Grant/Award | Director Stock Option (Right to Buy) | 17,786 | $0.00 | -- |
Holdings After Transaction:
Director Stock Option (Right to Buy) — 17,786 shares (Direct, null)
Footnotes (1)
- [object Object]
Key Figures
Option grant size: 17,786 shares
Exercise price: $29.46/share
Shares after transaction: 17,786 derivatives
+2 more
5 metrics
Option grant size
17,786 shares
Director stock option award to Arthur A. Levin
Exercise price
$29.46/share
Strike price for director stock option
Shares after transaction
17,786 derivatives
Total option shares held following this grant
Expiration date
June 2, 2036
Option term end for director grant
Vesting date trigger
June 3, 2027
Latest vesting date, or earlier at next annual meeting
Key Terms
Director Stock Option, exercise price, vesting, expiration date
4 terms
Director Stock Option financial
"security_title: "Director Stock Option (Right to Buy)""
exercise price financial
"conversion_or_exercise_price: "29.4600""
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.
vesting financial
"The option shall vest in full on the earlier of: (i) June 3, 2027 or (ii) the date of the issuer's next annual meeting"
Vesting is the process by which you earn full ownership of something, like company stock or a retirement benefit, over time. It’s like earning the right to keep a gift piece by piece the longer you stay with a company, making sure employees stay committed before they receive all the benefits.
expiration date financial
"expiration_date: "2036-06-02T00:00:00.000Z""
The expiration date is the deadline after which a financial contract, such as an option or a futures agreement, is no longer valid or can be exercised. It matters to investors because it determines the timeframe during which they can take action or benefit from the contract, similar to how a coupon or a food item has a limited period of usefulness. Once the expiration date passes, the contract loses its value or ability to be used.
FAQ
What did Stoke Therapeutics (STOK) director Arthur Levin report on this Form 4?
Arthur Levin reported receiving a grant of stock options for 17,786 shares of Stoke Therapeutics common stock. These options were awarded as director compensation, giving him the right to buy shares at a fixed price if the vesting conditions are met.
What is the exercise price of Arthur Levin’s Stoke Therapeutics (STOK) stock options?
The options have an exercise price of $29.46 per share. This means Levin can buy up to 17,786 shares of Stoke Therapeutics common stock at $29.46, once the award is vested and before the options expire if he chooses to exercise.
When do Arthur Levin’s Stoke Therapeutics (STOK) stock options vest?
The option vests in full on the earlier of June 3, 2027 or the date of Stoke Therapeutics’ next annual stockholder meeting. Vesting is conditioned on Levin’s continued service to the company through that vesting date, as disclosed in the footnote.
What is the expiration date of Arthur Levin’s Stoke Therapeutics (STOK) option grant?
The director stock option expires on June 2, 2036. After that date, Levin can no longer exercise the option to purchase shares, even if it has vested and was not previously exercised during the option term.
Is Arthur Levin’s Form 4 transaction a purchase or a grant of Stoke Therapeutics (STOK) options?
The Form 4 reports a grant of stock options, not an open-market purchase. The transaction code is “A,” described as a grant, award, or other acquisition, and the price per option at grant is shown as $0.00.