TELA Bio director granted stock and options
TELA Bio director William J. Plovanic received new equity awards as part of his compensation.
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Rhea-AI Filing Summary
TELA Bio director William J. Plovanic received new equity awards as part of his compensation. He was granted 11,675 shares of common stock and a stock option for 17,335 shares at an exercise price of $0.935 per share.
The stock units and the option both vest on the earlier of June 9, 2027, the next annual meeting of stockholders, or a Change in Control under TELA Bio’s Amended and Restated 2019 Equity Incentive Plan, in each case subject to his continued service. Following the grant, he directly owns 23,600 common shares and holds the new option for 17,335 underlying shares.
Insider Trade Summary
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Grant/Award | Stock Option (Right to Buy) | 17,335 | $0.00 | $0.00 |
| Grant/Award | Common Stock | 11,675 | $0.00 | $0.00 |
Footnotes (2)
- F1. These restricted stock units vest on the earlier of (a) June 9, 2027, (b) the next annual meeting of stockholders, or (c) the occurrence of a Change in Control (as defined in the Issuer's Amended and Restated 2019 Equity Incentive Plan), in each case subject to the Reporting Person's continued service through the applicable vesting date.
- F2. The option vests on the earlier of (a) June 9, 2027, (b) the next annual meeting of stockholders, or (c) the occurrence of a Change in Control (as defined in the Issuer's Amended and Restated 2019 Equity Incentive Plan), in each case subject to the Reporting Person's continued service through the applicable vesting date.
Key Figures
Key Terms
restricted stock units financial
Change in Control financial
Amended and Restated 2019 Equity Incentive Plan financial
Stock Option (Right to Buy) financial
FAQ
AI-generated questions and answers. How Rhea-AI works. Not financial advice.
What did TELA (TELA) director William J. Plovanic receive in this Form 4?
At what price can the new TELA (TELA) stock options be exercised?
When do William J. Plovanic’s new TELA (TELA) equity awards vest?
Is this TELA (TELA) Form 4 a stock purchase or sale by the director?
What triggers early vesting of TELA (TELA) director William J. Plovanic’s awards?
AI-generated analysis. How Rhea-AI works. Not financial advice.