Xeris Biopharma director receives equity grants
Xeris Biopharma Holdings, Inc. director Garheng Kong reported receiving new equity awards as part of his compensation.
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Rhea-AI Filing Summary
Xeris Biopharma Holdings, Inc. director Garheng Kong reported receiving new equity awards as part of his compensation. He was granted 24,193 shares of common stock in the form of restricted stock units under the company’s 2018 Stock Option and Incentive Plan. Following this award, his direct common stock holdings total 238,337 shares.
He also received a stock option for 32,996 shares of common stock with an exercise price of $6.15 per share, expiring on June 4, 2036. Both the restricted stock units and the stock options vest in full on the earlier of June 4, 2026 or the date of the company’s next annual meeting of stockholders, provided he continues to serve through the vesting date.
Insider Trade Summary
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Grant/Award | Stock Option (Right to Buy) | 32,996 | $6.15 | $203K |
| Grant/Award | Common Stock | 24,193 | $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 full upon the earlier to occur of June 4, 2026 or the date of the Company's next annual meeting of stockholders, subject to continued service through such vesting date.
- F2. These stock options were acquired pursuant to a grant under the Plan. These stock options shall vest in full upon the earlier to occur of June 4, 2026 or the date of the Company's next annual meeting of stockholders, subject to continued service through such vesting date.
Key Figures
Key Terms
restricted stock unit financial
2018 Stock Option and Incentive Plan financial
stock options financial
exercise price financial
vest in full financial
FAQ
AI-generated questions and answers. How Rhea-AI works. Not financial advice.
What insider transaction did Xeris Biopharma (XERS) report for Garheng Kong?
What stock options did Garheng Kong receive from Xeris Biopharma (XERS)?
When do Garheng Kong’s new Xeris Biopharma (XERS) equity awards vest?
Under which plan were Garheng Kong’s Xeris Biopharma (XERS) awards granted?
AI-generated analysis. How Rhea-AI works. Not financial advice.