Vir Biotechnology director receives RSUs and stock options
Vir Biotechnology, Inc. director Janet Napolitano reported awards of company equity as part of compensation.
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Rhea-AI Filing Summary
Vir Biotechnology, Inc. director Janet Napolitano reported awards of company equity as part of compensation. She received 8,000 shares of Common Stock in the form of restricted stock units (RSUs) under the company’s Equity Incentive Plan. These RSUs will vest in full on May 27, 2027, meaning the shares become fully owned at that time.
She was also granted a stock option for 16,000 shares of Common Stock with an exercise price of $9.10 per share. The option will vest and become exercisable in full on May 27, 2027. Following the RSU grant, Napolitano directly holds 24,416 shares of Vir Biotechnology common stock, and holds the newly granted option covering 16,000 shares.
Insider Trade Summary
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Grant/Award | Stock Option (Right to Buy) | 16,000 | $0.00 | $0.00 |
| Grant/Award | Common Stock | 8,000 | $0.00 | $0.00 |
Footnotes (3)
- F1. Acquisition of restricted stock units (RSUs) pursuant to the Issuer's Equity Incentive Plan.
- F2. The RSUs will vest in full on May 27, 2027.
- F3. The shares subject to the stock option will vest and become exercisable in full on May 27, 2027.
Key Figures
Key Terms
restricted stock units (RSUs) financial
Equity Incentive Plan financial
Stock Option (Right to Buy) financial
vest in full financial
exercisable in full financial
AI-generated analysis. How Rhea-AI works. Not financial advice.