Viridian director-linked funds granted 32,341 options
Viridian Therapeutics director-associated funds received a new stock option grant.
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
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Grant/Award | Stock Option (Right to Buy) | 32,341 | $0.00 | $0.00 |
Footnotes (2)
- F1. 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.
- F2. 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
Key Terms
Stock Option (Right to Buy) financial
beneficial ownership financial
Board of Directors financial
annual meeting of stockholders financial
investment vehicles financial
FAQ
AI-generated questions and answers. How Rhea-AI works. Not financial advice.
What are the key terms of the new Viridian Therapeutics (VRDN) stock option grant?
When does the new Viridian Therapeutics (VRDN) option grant vest?
Who ultimately benefits from the Viridian Therapeutics (VRDN) option grant reported for Tomas Kiselak?
How many Viridian Therapeutics (VRDN) derivative securities does the director-linked entity hold after this grant?
AI-generated analysis. How Rhea-AI works. Not financial advice.