Fairmount-linked entities receive 32,341 Viridian (VRDN) stock options at $18.48
Filing Impact
Filing Sentiment
Form Type
4
Rhea-AI Filing Summary
Viridian Therapeutics director-associated funds received a new stock option grant. An option over 32,341 shares of Viridian common stock was granted at an exercise price of $18.48 per share and expires on July 1, 2036.
The option vests in full on the earlier of July 1, 2027 or Viridian’s 2027 annual stockholder meeting, contingent on Tomas Kiselak continuing to serve on the board. Under an arrangement with Fairmount Funds Management LLC, the option and any related value are for Fairmount-managed investment vehicles, and Kiselak disclaims beneficial ownership.
Positive
- None.
Negative
- None.
Insider Trade Summary
1 transaction reported
Mixed
1 txn
Insider
Kiselak Tomas
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 (Indirect, See Footnote)
Footnotes (1)
- The option vests in full upon the earlier to occur of (i) July 1, 2027 or (ii) the Issuer's 2027 annual meeting of stockholders, subject to the Reporting Person's continued service on the Board of Directors of the Issuer. Under the Reporting Person's arrangement with Fairmount Funds Management LLC (the "Adviser"), the Reporting Person holds the option for one or more investment vehicles managed by the Adviser (each, a "Fairmount Fund"). The Reporting Person is obligated to turn over to the Adviser any net cash or stock received from the option for the benefit of such Fairmount Fund. The Reporting Person therefore disclaims beneficial ownership of the option and underlying common stock.
Key Figures
Option grant size: 32,341 options
Exercise price: $18.48 per share
Expiration date: July 1, 2036
+2 more
5 metrics
Option grant size
32,341 options
Stock Option (Right to Buy) covering 32,341 common shares
Exercise price
$18.48 per share
Conversion or exercise price of the stock option
Expiration date
July 1, 2036
Option expiration date for the 32,341-share grant
Vesting trigger date
July 1, 2027
Vests on earlier of July 1, 2027 or 2027 annual meeting
Post-grant derivative holdings
32,341 options
Total options following transaction, held indirectly
Key Terms
Stock Option (Right to Buy), beneficial ownership, Board of Directors, annual meeting of stockholders, +1 more
5 terms
Stock Option (Right to Buy) financial
"security_title: Stock Option (Right to Buy)"
beneficial ownership financial
"The Reporting Person therefore disclaims beneficial ownership of the option"
Beneficial ownership means the person or entity that actually enjoys the benefits of owning shares or other assets — such as receiving dividends, voting rights, or price gains — even if the legal title is held in another name. For investors it matters because knowing who truly controls and profits from a company reveals who can influence decisions, exposes potential conflicts of interest or hidden concentration of power, and affects transparency and risk in the stock.
Board of Directors financial
"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.
annual meeting of stockholders financial
"the Issuer's 2027 annual meeting of stockholders"
investment vehicles financial
"one or more investment vehicles managed by the Adviser"
FAQ
What are the key terms of the new Viridian Therapeutics (VRDN) stock option grant?
The option covers 32,341 Viridian common shares at an exercise price of $18.48 per share and expires on July 1, 2036. It represents indirect holdings linked to investment funds rather than a direct market transaction by the director.
When does the new Viridian Therapeutics (VRDN) option grant vest?
The option vests in full on the earlier of July 1, 2027 or Viridian’s 2027 annual meeting of stockholders. Vesting is conditioned on Tomas Kiselak’s continued service on the company’s board of directors through that vesting event.
Who ultimately benefits from the Viridian Therapeutics (VRDN) option grant reported for Tomas Kiselak?
Under an arrangement with Fairmount Funds Management LLC, the option and any net cash or stock from it benefit one or more Fairmount-managed investment funds. Kiselak is required to turn over such value and disclaims beneficial ownership of the option and underlying shares.
How many Viridian Therapeutics (VRDN) derivative securities does the director-linked entity hold after this grant?
After the grant, the reporting structure shows 32,341 stock options linked to Viridian common shares. These options are held indirectly for Fairmount-managed investment vehicles, with Kiselak disclaiming beneficial ownership of both the options and underlying shares.