Xeris Biopharma director granted stock and options
Xeris Biopharma Holdings director Nerissa Kreher received equity-based compensation.
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Rhea-AI Filing Summary
Xeris Biopharma Holdings director Nerissa Kreher received equity-based compensation. She was granted 33,582 shares of common stock through restricted stock units under the company’s 2018 Stock Option and Incentive Plan. These RSUs vest in equal annual installments over three years, contingent on continued board service.
She was also granted stock options for 37,910 shares of common stock at an exercise price of $8.00 per share, expiring on July 1, 2036. These options vest in equal annual installments over three years, also subject to continued service on the board. The filing shows no open-market buying or selling, only compensation-related awards.
Insider Trade Summary
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Grant/Award | Stock Option (Right to Buy) | 37,910 | $8.00 | $303K |
| Grant/Award | Common Stock | 33,582 | $0.00 | $0.00 |
Footnotes (2)
- F1. These shares were acquired pursuant to a restricted stock unit grant under the Company's 2018 Stock Option and Incentive Plan (the "Plan"). Each restricted stock represents a contingent right to receive one share of the Company's common stock. These shares shall vest in equal annual installments over three years, subject to continued service on the Company's Board of Directors through such vesting date.
- F2. These stock options were acquired pursuant to a grant under the Plan. These stock options shall vest in equal annual installments over three years, subject to continued service on the Company's Board of Directors through such vesting date.
Key Figures
Key Terms
restricted stock unit financial
2018 Stock Option and Incentive Plan financial
vest in equal annual installments financial
Stock Option (Right to Buy) financial
exercise price financial
FAQ
AI-generated questions and answers. How Rhea-AI works. Not financial advice.
What did Xeris Biopharma (XERS) director Nerissa Kreher report in this Form 4?
What stock options were granted to Nerissa Kreher by Xeris Biopharma (XERS)?
How do the vesting terms work for Nerissa Kreher’s Xeris Biopharma equity awards?
When do Nerissa Kreher’s Xeris Biopharma stock options expire and at what price?
AI-generated analysis. How Rhea-AI works. Not financial advice.