Whitehawk Therapeutics (WHWK) director granted 38,040 stock options at $4.16
Filing Impact
Filing Sentiment
Form Type
4
Rhea-AI Filing Summary
Whitehawk Therapeutics director Mohammad Hirmand received a new stock option grant covering 38,040 shares of common stock. The option has an exercise price of $4.16 per share and expires on June 12, 2036.
All 38,040 option shares will vest 100% on the earlier of the one-year anniversary of the grant date or the day immediately before the next annual stockholder meeting, as long as he continues as a service provider. Following this grant, he holds 38,040 stock options directly from this award.
Positive
- None.
Negative
- None.
Insider Trade Summary
1 transaction reported
Mixed
1 txn
Insider
Hirmand Mohammad
Role
null
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Grant/Award | Stock Option (right to buy) | 38,040 | $0.00 | -- |
Holdings After Transaction:
Stock Option (right to buy) — 38,040 shares (Direct, null)
Footnotes (1)
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Key Figures
Option grant size: 38,040 options
Exercise price: $4.16 per share
Expiration date: June 12, 2036
+3 more
6 metrics
Option grant size
38,040 options
Stock Option (right to buy) granted on June 12, 2026
Exercise price
$4.16 per share
Conversion or exercise price of stock options
Expiration date
June 12, 2036
Option term end for this grant
Post-grant options held
38,040 options
Total derivative securities following the reported transaction
Vesting percentage
100% cliff vesting
All shares vest in a single tranche once conditions are met
Vesting timing
1-year or pre-annual meeting
Earlier of one-year anniversary or day before next annual stockholder meeting
Key Terms
Stock Option (right to buy), 2021 Equity Incentive Plan, Service Provider, vesting, +1 more
5 terms
Stock Option (right to buy) financial
"security_title: Stock Option (right to buy)"
2021 Equity Incentive Plan financial
"as defined in the Issuer's 2021 Equity Incentive Plan"
Service Provider financial
"Subject to the Reporting Person continuing to be a Service Provider"
vesting financial
"one hundred percent (100%) of the shares subject to the option shall vest"
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.
annual meeting of stockholders financial
"the day immediately prior to the next annual meeting of stockholders"
FAQ
What did Whitehawk Therapeutics (WHWK) director Mohammad Hirmand report on this Form 4?
Mohammad Hirmand reported receiving a grant of stock options for 38,040 shares of Whitehawk Therapeutics common stock. The options were awarded as compensation and are exercisable at an exercise price of $4.16 per share, subject to time-based vesting conditions.
What are the key terms of Mohammad Hirmand’s new WHWK stock options?
The grant covers 38,040 shares of common stock with a $4.16 exercise price and an expiration date of June 12, 2036. These options represent the right, but not the obligation, to buy WHWK shares at that fixed price once vested.
How do the vesting conditions work for the WHWK options granted to Mohammad Hirmand?
One hundred percent of the 38,040 option shares vest on the earlier of the one-year anniversary of the grant date or the day immediately before the next annual stockholder meeting. Vesting requires that he continue as a service provider under the 2021 Equity Incentive Plan.
How many Whitehawk Therapeutics options does Mohammad Hirmand hold after this grant?
Following this Form 4 transaction, Hirmand holds 38,040 stock options from this reported award. These options are held directly and are tied to Whitehawk Therapeutics common stock, exercisable at $4.16 per share once fully vested.