Jane Huang awarded 31,000 Protara (TARA) stock options as director grant
Filing Impact
Filing Sentiment
Form Type
4
Rhea-AI Filing Summary
Protara Therapeutics director Jane Huang received a stock option grant for 31,000 shares of common stock. The options have an exercise price of $3.94 per share and expire on June 14, 2036. The entire Annual Grant vests on the first anniversary of the June 15, 2026 grant date, subject to her continued board service, and also fully vests upon a Change of Control.
Positive
- None.
Negative
- None.
Insider Trade Summary
1 transaction reported
Mixed
1 txn
Insider
Huang Jane
Role
null
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Grant/Award | Stock Option (Right to Buy) | 31,000 | $0.00 | -- |
Holdings After Transaction:
Stock Option (Right to Buy) — 31,000 shares (Direct, null)
Footnotes (1)
- [object Object]
Key Figures
Option grant size: 31,000 shares
Exercise price: $3.94 per share
Expiration date: June 14, 2036
+2 more
5 metrics
Option grant size
31,000 shares
Stock Option (Right to Buy) granted to director Jane Huang
Exercise price
$3.94 per share
Conversion or exercise price of stock option grant
Expiration date
June 14, 2036
Option expiration for the 31,000-share grant
Shares underlying options
31,000 shares
Underlying common stock for the derivative award
Post-grant derivative holdings
31,000 options
Total derivative securities following this transaction
Key Terms
Stock Option (Right to Buy), Annual Grant, Change of Control
3 terms
Stock Option (Right to Buy) financial
"security_title: Stock Option (Right to Buy)"
Annual Grant financial
"The shares subject to the Annual Grant will vest in full"
Change of Control financial
"and will vest in full upon a Change of Control."
A change of control occurs when the ownership or management of a company shifts significantly, such as through a sale, merger, or acquisition, resulting in new leadership or ownership structure. This change can impact the company's direction and decision-making, which is important for investors because it may affect the company's stability, strategy, and future prospects.
FAQ
What did Protara Therapeutics (TARA) director Jane Huang report in this Form 4?
Jane Huang reported receiving a stock option grant for 31,000 shares of Protara Therapeutics common stock. This is a compensation-related award, not an open-market purchase or sale of existing shares.
What are the key terms of Jane Huang’s Protara (TARA) stock option grant?
The grant covers 31,000 shares of common stock with a $3.94 exercise price per share. The options expire on June 14, 2036, giving a long-term window to exercise the award.
When do Jane Huang’s Protara Therapeutics (TARA) options vest?
The options from the Annual Grant vest in full on the first anniversary of the June 15, 2026 grant date. Vesting requires continuous service as a board member through that date.
How does a Change of Control affect Jane Huang’s Protara (TARA) option grant?
The footnote states the 31,000-share Annual Grant will vest in full upon a Change of Control. This means all options become fully vested if such a corporate event occurs.