Tarsus awards options and RSUs to officer
Tarsus Pharmaceuticals, Inc. reported that officer Jeffrey S. Farrow received equity awards consisting of a stock option for 30,724 shares and 19,306 restricted stock units, both granted at an exercise price of $0.0000 per share.
Rhea-AI Filing Summary
Tarsus Pharmaceuticals, Inc. reported that officer Jeffrey S. Farrow received equity awards consisting of a stock option for 30,724 shares and 19,306 restricted stock units, both granted at an exercise price of $0.0000 per share.
According to the grant terms, 25% of the option vests on March 5, 2027, with the remaining shares vesting in equal monthly installments over the following three years, contingent on continued service. The 19,306 RSUs vest in four equal annual installments on March 15 of each of 2027, 2028, 2029, and 2030, also subject to ongoing 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 in this Form 4?
How many stock options were granted to the Tarsus (TARS) officer and how do they vest?
What are the terms of the restricted stock units granted by Tarsus (TARS)?
Who is the reporting person in the Tarsus Pharmaceuticals (TARS) Form 4 filing?
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