Xeris Biopharma director receives 31,499 options
Both awards vest in equal annual installments over three years, conditioned on continued service on the board.
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Rhea-AI Filing Summary
Xeris Biopharma Holdings, Inc. director Taddese Menassie received 31,499 stock options and 22,365 restricted stock units on November 2, 2026. The options have a $10.17 exercise price and expire November 2, 2036. Both awards vest in equal annual installments over three years, subject to continued service on the company’s Board of Directors through each vesting date. Each restricted stock unit represents a contingent right to receive one common share.
Insider Trade Summary
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Grant/Award | Stock Option (Right to Buy) F2 | 31,499 | $10.17 | $320K |
| Grant/Award | Common Stock F1 | 22,365 | $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 unit 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
contingent right financial
exercise price financial
FAQ
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What awards did XERS director Taddese Menassie receive?
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