Director Ajer granted 32,341 Viridian Therapeutics (VRDN) stock options at $18.48
Filing Impact
Filing Sentiment
Form Type
4
Rhea-AI Filing Summary
Viridian Therapeutics director Jeffrey Robert Ajer received a grant of stock options for 32,341 shares of common stock at an exercise price of $18.48 per share. These options were awarded as compensation and give him the right to buy shares in the future at that fixed price. The options vest in full on the earlier of July 1, 2027 or the company’s 2027 annual meeting of stockholders, if he continues serving on the board until that time. After this grant, he holds stock options covering 32,341 underlying shares directly.
Positive
- None.
Negative
- None.
Insider Trade Summary
1 transaction reported
Mixed
1 txn
Insider
Ajer Jeffrey Robert
Role
null
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Grant/Award | Stock Option (Right to Buy) | 32,341 | $0.00 | -- |
Holdings After Transaction:
Stock Option (Right to Buy) — 32,341 shares (Direct, null)
Footnotes (1)
- [object Object]
Key Figures
Option grant size: 32,341 options
Underlying shares: 32,341 shares
Exercise price: $18.48 per share
+3 more
6 metrics
Option grant size
32,341 options
Stock Option (Right to Buy) granted to director
Underlying shares
32,341 shares
Common Stock underlying the option grant
Exercise price
$18.48 per share
Conversion or exercise price of stock options
Expiration date
July 1, 2036
Option expiration for the granted stock options
Post-grant derivative holdings
32,341 options
Total shares following transaction (derivative)
Vesting condition date
July 1, 2027
Latest vesting date, or earlier 2027 annual meeting
Key Terms
Stock Option (Right to Buy), exercise price, expiration date, annual meeting of stockholders, +1 more
5 terms
Stock Option (Right to Buy) financial
"The security is described as a "Stock Option (Right to Buy)" with underlying common shares."
exercise price financial
"The option has a conversion or exercise price of $18.48 per share."
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
"The option carries an expiration date of July 1, 2036 for exercising rights."
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.
annual meeting of stockholders financial
"The option vests by July 1, 2027 or the Issuer's 2027 annual meeting of stockholders."
Board of Directors financial
"Vesting is subject to the Reporting Person's continued service on the Board of Directors."
The Board of Directors is a group of people chosen by a company's owners to help make big decisions and oversee how the company is run. They act like a team of advisors or managers, making sure the company stays on track and meets its goals. Their choices can influence the company's success and how it grows.
FAQ
What insider transaction did Viridian Therapeutics (VRDN) report for Jeffrey Robert Ajer?
Viridian reported that director Jeffrey Robert Ajer received a grant of stock options for 32,341 shares of common stock. These options were awarded at a fixed exercise price of $18.48 per share as part of his compensation for board service.
What is the exercise price of Jeffrey Robert Ajer’s Viridian Therapeutics (VRDN) stock options?
The exercise price of the stock options granted to Jeffrey Robert Ajer is $18.48 per share. This price is the fixed cost he would pay per share to convert the options into Viridian Therapeutics common stock in the future.
When do Jeffrey Robert Ajer’s Viridian Therapeutics (VRDN) stock options vest?
The options vest in full on the earlier of July 1, 2027 or Viridian Therapeutics’ 2027 annual meeting of stockholders. Vesting is conditional on his continued service on the company’s board of directors through that date or event.
What is the expiration date of the Viridian Therapeutics (VRDN) stock options granted to Ajer?
The stock options granted to Jeffrey Robert Ajer expire on July 1, 2036. After that expiration date, any unexercised options will lapse, and he will no longer have the right to purchase Viridian Therapeutics common shares under this grant.
Is the Viridian Therapeutics (VRDN) Form 4 transaction a purchase or a grant?
The Form 4 transaction is a grant of stock options, not an open-market share purchase. It is coded as an “A” transaction, reflecting a grant or award acquisition of derivative securities as compensation for board service.