Tectonic Therapeutic grants 10,200 stock options
Tectonic Therapeutic, Inc. director Praveen P. Tipirneni received a grant of stock options covering 10,200 shares of common stock at an exercise price of $28.56 per share.
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Rhea-AI Filing Summary
Tectonic Therapeutic, Inc. director Praveen P. Tipirneni received a grant of stock options covering 10,200 shares of common stock at an exercise price of $28.56 per share. These options were awarded as a compensation grant, not an open-market purchase or sale.
The options vest in full on the earliest of June 9, 2027, the company’s 2027 annual meeting of stockholders, or a qualifying change in control, as long as the director continues providing service through that date. After this grant, the reported derivative holdings in this award total 10,200 options.
Insider Trade Summary
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Grant/Award | Stock Option (Right to Buy) | 10,200 | $0.00 | $0.00 |
Footnotes (1)
- F1. The option shall vest in full on the earliest of (i) June 9, 2027, (ii) the date of the Issuer's 2027 Annual Meeting of Stockholders, or (iii) a "Change in Control" (as defined in the Issuer's 2024 Equity Incentive Plan) of the Issuer, subject in each case, to the Reporting Person providing continuous service to the Issuer on each such date.
Key Figures
Key Terms
Stock Option (Right to Buy) financial
Grant, award, or other acquisition financial
Change in Control financial
2024 Equity Incentive Plan financial
FAQ
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