Shattuck Labs (STTK) director Neil Gibson receives 81,000 stock options at $5.95
Filing Impact
Filing Sentiment
Form Type
4
Rhea-AI Filing Summary
Shattuck Labs, Inc. director Neil W. Gibson received a grant of stock options covering 81,000 shares of common stock. These options have an exercise price of $5.95 per share and expire on May 29, 2036.
The option grant vests in full on the earlier of the one-year anniversary of the grant date or immediately before the company’s next annual meeting of stockholders, as long as Gibson continues to serve the company. Following this grant, he holds options for 81,000 shares directly.
Positive
- None.
Negative
- None.
Insider Trade Summary
1 transaction reported
Mixed
1 txn
Insider
Gibson Neil W
Role
null
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Grant/Award | Stock Option (Right to Buy) | 81,000 | $0.00 | -- |
Holdings After Transaction:
Stock Option (Right to Buy) — 81,000 shares (Direct, null)
Footnotes (1)
- [object Object]
Key Figures
Options Granted: 81,000 shares
Exercise Price: $5.95 per share
Expiration Date: May 29, 2036
+1 more
4 metrics
Options Granted
81,000 shares
Stock option grant to director Neil W. Gibson
Exercise Price
$5.95 per share
Strike price of newly granted options
Expiration Date
May 29, 2036
Option term end date
Post-grant option holdings
81,000 options
Total options held following this transaction
Key Terms
Stock Option (Right to Buy), exercise price, vesting, annual meeting of stockholders
4 terms
Stock Option (Right to Buy) financial
"security_title": "Stock Option (Right to Buy)""
exercise price financial
"conversion_or_exercise_price": "5.9500""
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
"which will vest in full on the earlier of the one-year anniversary"
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.
annual meeting of stockholders financial
"or immediately prior to the Issuer's next annual meeting of stockholders"
FAQ
What insider transaction did Shattuck Labs (STTK) report for Neil W. Gibson?
Shattuck Labs reported that director Neil W. Gibson received a grant of stock options for 81,000 shares. These options are a form of equity compensation, giving him the right to buy common stock at a fixed exercise price in the future.
What is the exercise price of Neil W. Gibson’s new Shattuck Labs (STTK) stock options?
The stock options granted to Neil W. Gibson have an exercise price of $5.95 per share. This means he can purchase Shattuck Labs common stock at $5.95, regardless of the future market price, once the options are vested and exercisable.
When do Neil W. Gibson’s Shattuck Labs (STTK) options vest?
The options will vest in full on the earlier of one year after the grant date or immediately before Shattuck Labs’ next annual meeting of stockholders. Vesting is conditioned on Neil W. Gibson’s continued service to the company through that vesting date.
When do Neil W. Gibson’s Shattuck Labs (STTK) stock options expire?
Neil W. Gibson’s stock options expire on May 29, 2036. After that expiration date, any unexercised options will lapse, meaning he would lose the right to buy Shattuck Labs common shares at the $5.95 exercise price specified in the grant.
Is Neil W. Gibson’s Shattuck Labs (STTK) option grant a market purchase or compensation award?
The filing describes the transaction as a grant or award acquisition, not an open-market purchase. It represents a compensation-related stock option award provided by Shattuck Labs to Neil W. Gibson in his role as a director of the company.