Yarrow Bioscience CMO option holdings disclosed
Yarrow Bioscience, Inc. reports initial beneficial ownership for Chief Medical Officer Steven Ryder.
Rhea-AI Filing Summary
Yarrow Bioscience, Inc. reports initial beneficial ownership for Chief Medical Officer Steven Ryder. He holds a stock option to purchase 228,330 shares of Issuer Common Stock at an exercise price of $6.19 per share, expiring on 2036-04-17.
The option was received in connection with the merger in which a wholly owned subsidiary of VYNE Therapeutics Inc. merged with Yarrow and VYNE changed its name to Yarrow Bioscience, Inc. One quarter of the option will vest on April 8, 2027, with the remaining three quarters vesting in equal monthly installments over the following three years, subject to continued service.
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Insider Trade Summary
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| holding | Stock Option (Right to Buy) F1, F2, F3 | -- | -- | -- |
Footnotes (3)
- F1. Effective as of July 27, 2026 (the "Effective Time"), a wholly owned subsidiary of VYNE Therapeutics Inc. ("VYNE") merged with and into Yarrow Bioscience, Inc. ("Yarrow") with Yarrow continuing as a wholly owned subsidiary of VYNE and the surviving corporation of the merger (the "Merger") under the name "Yarrow Bioscience Operating Company Corp." In connection with the completion of the Merger, VYNE changed its name to "Yarrow Bioscience, Inc." (hereinafter, the "Issuer").
- F2. Represents options to purchase shares of common stock, par value $0.0001, of the Issuer ("Issuer Common Stock") received by the Reporting Person in the Merger in exchange for options to purchase shares of common stock of Yarrow held by the Reporting Person prior to the Merger. At the Effective Time, the Issuer assumed each such Yarrow option, whether vested or unvested, and converted it into an option to purchase shares of Issuer Common Stock on the same terms and conditions as were in effect immediately prior to the Effective Time.
- F3. This option represents a right to purchase 228,330 shares of Issuer Common Stock, one quarter of which will vest on April 8, 2027, with the remaining three quarters vesting in equal monthly installments over the following three years, subject to the Reporting Person's continued service to the Issuer on each such vesting date.
Key Figures
Key Terms
Effective Time regulatory
Merger regulatory
Issuer Common Stock financial
vest financial
continued service financial
FAQ
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