Vor Biopharma (VOR) grants Alexander Cumbo 56,345 stock options
Filing Impact
Filing Sentiment
Form Type
4
Rhea-AI Filing Summary
Vor Biopharma Inc. reported that director Alexander Cumbo received a grant of stock options on Common Stock as part of his compensation. The award covers 56,345 options with an exercise price of $14.09 per share, all held directly.
These options expire on June 10, 2036 and relate to 56,345 underlying shares of Common Stock. According to the vesting terms, one thirty-sixth of the options will vest and become exercisable on July 11, 2026 and each month thereafter, conditioned on Mr. Cumbo’s continued service through each vesting date.
Positive
- None.
Negative
- None.
Insider Trade Summary
1 transaction reported
Mixed
1 txn
Insider
Cumbo Alexander
Role
null
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Grant/Award | Stock option (right to buy) | 56,345 | $0.00 | -- |
Holdings After Transaction:
Stock option (right to buy) — 56,345 shares (Direct, null)
Footnotes (1)
- [object Object]
Key Figures
Option grant size: 56,345 options
Exercise price: $14.09 per share
Underlying shares: 56,345 shares
+3 more
6 metrics
Option grant size
56,345 options
Grant of stock options on Common Stock
Exercise price
$14.09 per share
Exercise price of granted stock options
Underlying shares
56,345 shares
Common Stock underlying the options
Post-grant derivative holdings
56,345 options
Total options held following this transaction
Option expiration
June 10, 2036
Expiration date of the stock options
Vesting commencement
July 11, 2026
First vesting date for one thirty-sixth of options
Key Terms
Stock option (right to buy), exercise price, expiration date, Common Stock, +1 more
5 terms
Stock option (right to buy) financial
"security_title: Stock option (right to buy)"
exercise price financial
"conversion_or_exercise_price: 14.0900"
The exercise price is the fixed amount at which you can buy or sell an asset, like a stock, when using an options contract. It matters because it helps determine whether exercising the option will be profitable or not, depending on the current market price. Think of it as the set price you agree on today to buy or sell later.
expiration date financial
"expiration_date: 2036-06-10T00:00:00.000Z"
The expiration date is the deadline after which a financial contract, such as an option or a futures agreement, is no longer valid or can be exercised. It matters to investors because it determines the timeframe during which they can take action or benefit from the contract, similar to how a coupon or a food item has a limited period of usefulness. Once the expiration date passes, the contract loses its value or ability to be used.
Common Stock financial
"underlying_security_title: Common Stock"
Common stock represents ownership shares in a company, giving investors a stake in its success and a say in important decisions through voting rights. It is the most common type of stock traded on markets and can provide income through dividends, as well as potential for value growth. For investors, holding common stock means sharing in the company’s profits and risks.
vesting financial
"shares subject to the option shall vest and become exercisable on July 11, 2026 and each month thereafter"
Vesting is the process by which you earn full ownership of something, like company stock or a retirement benefit, over time. It’s like earning the right to keep a gift piece by piece the longer you stay with a company, making sure employees stay committed before they receive all the benefits.
FAQ
What did Alexander Cumbo receive in this Vor Biopharma (VOR) Form 4 filing?
Alexander Cumbo received a grant of 56,345 stock options on Vor Biopharma Common Stock. The options are part of his compensation and give him the right to buy shares at a fixed exercise price of $14.09 per share until expiration.
What is the exercise price of the new Vor Biopharma (VOR) stock options?
The granted stock options have an exercise price of $14.09 per share. This means Cumbo can buy Vor Biopharma Common Stock at $14.09 once options vest, regardless of future market price, until the options expire on June 10, 2036.
When do Alexander Cumbo’s Vor Biopharma (VOR) options start vesting?
Vesting begins on July 11, 2026, when one thirty-sixth of the options vest. An additional one thirty-sixth vests each month thereafter, as long as Cumbo continues to serve, creating a three-year monthly vesting schedule from that initial vesting date.
What is the expiration date of the Vor Biopharma (VOR) stock options granted to Cumbo?
The stock options expire on June 10, 2036. After that date, any unexercised options become worthless. Until expiration, vested options allow Cumbo to purchase Vor Biopharma Common Stock at the fixed $14.09 exercise price set in the grant.