Tarsus CCO awarded options and RSUs
Tarsus Pharmaceuticals Chief Commercial Officer Aziz Mottiwala reported equity awards consisting of stock options and restricted stock units.
Rhea-AI Filing Summary
Tarsus Pharmaceuticals Chief Commercial Officer Aziz Mottiwala reported equity awards consisting of stock options and restricted stock units. He was granted stock options for 30,724 shares at an exercise price of $0.00, and 19,306 restricted stock units, each representing one share of common stock upon vesting.
Twenty‑five percent of the option shares vest on March 5, 2027, with the remaining options vesting monthly over three years, conditioned on continued service. The 19,306 RSUs vest in four equal annual installments on March 15 of 2027, 2028, 2029, and 2030, also subject to his continuous service.
Positive
- None.
Negative
- None.
Insider Trade Summary
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Grant/Award | Stock Option (right to buy) | 30,724 | $0.00 | $0.00 |
| Grant/Award | Restricted Stock Units | 19,306 | $0.00 | $0.00 |
Footnotes (3)
- F1. 25% of the option shares shall vest on March 5, 2027, and 1/48th of the option shares shall vest each month thereafter for a period of 3 years, subject to the Reporting Person's continuous service.
- F2. Each Restricted Stock Unit ("RSU") represents a contingent right to receive one share of the Issuer's common stock.
- F3. The RSUs will vest in four equal annual installments on March 15th of each of 2027, 2028, 2029, and 2030, subject to the Reporting Person's continuous service.
FAQ
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What insider transactions did Tarsus Pharmaceuticals (TARS) report for Aziz Mottiwala?
How many stock options were granted to the Tarsus (TARS) Chief Commercial Officer?
What are the vesting terms for Aziz Mottiwala’s Tarsus (TARS) stock options?
How many restricted stock units did Tarsus (TARS) grant to Aziz Mottiwala?
When do the Tarsus (TARS) RSUs granted to Aziz Mottiwala vest?
What does each Tarsus (TARS) restricted stock unit granted to Aziz Mottiwala represent?
AI-generated analysis. How Rhea-AI works. Not financial advice.