Xilio (XLO) director receives grant of 5,000 stock options at $7.99
Filing Impact
Filing Sentiment
Form Type
4
Rhea-AI Filing Summary
Xilio Therapeutics director Shannon James Samuel received a grant of stock options for 5,000 shares of common stock at an exercise price of $7.99 per share. These options vest 100% on the earlier of June 11, 2027 or the company’s next annual stockholder meeting, contingent on continued service.
Following the grant, Samuel holds 5,000 options directly.
Positive
- None.
Negative
- None.
Insider Trade Summary
1 transaction reported
Mixed
1 txn
Insider
Shannon James Samuel
Role
null
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Grant/Award | Stock Option (right to buy) | 5,000 | $0.00 | -- |
Holdings After Transaction:
Stock Option (right to buy) — 5,000 shares (Direct, null)
Footnotes (1)
- [object Object]
Key Figures
Option grant size: 5,000 options
Exercise price: $7.99 per share
Post-grant option holdings: 5,000 options
+2 more
5 metrics
Option grant size
5,000 options
Stock Option (right to buy) granted to director
Exercise price
$7.99 per share
Conversion/exercise price of granted options
Post-grant option holdings
5,000 options
Total options held following this transaction
Option expiration
June 10, 2036
Expiration date of the stock options
Vesting date trigger
June 11, 2027
Latest vesting date, or earlier next annual meeting
Key Terms
Stock Option (right to buy), exercise price, vesting, annual meeting of stockholders, +1 more
5 terms
Stock Option (right to buy) financial
"security_title: Stock Option (right to buy)"
exercise price financial
"conversion_or_exercise_price: 7.9900"
The exercise price is the fixed amount at which you can buy or sell an asset, like a stock, when using an options contract. It matters because it helps determine whether exercising the option will be profitable or not, depending on the current market price. Think of it as the set price you agree on today to buy or sell later.
vesting financial
"will vest as to 100% of the shares underlying the option"
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 Issuer's next annual meeting of stockholders following the grant date"
expiration date financial
"expiration_date: 2036-06-10T00:00:00.000Z"
The expiration date is the deadline after which a financial contract, such as an option or a futures agreement, is no longer valid or can be exercised. It matters to investors because it determines the timeframe during which they can take action or benefit from the contract, similar to how a coupon or a food item has a limited period of usefulness. Once the expiration date passes, the contract loses its value or ability to be used.
FAQ
What insider transaction did Xilio Therapeutics (XLO) report for Shannon James Samuel?
Xilio Therapeutics reported that director Shannon James Samuel received a grant of stock options for 5,000 shares of common stock. The options were granted at an exercise price of $7.99 per share as part of his compensation, not an open-market trade.
What are the key terms of Shannon James Samuel’s Xilio (XLO) stock option grant?
Samuel was granted options on 5,000 Xilio common shares at a $7.99 exercise price. The entire award vests on the earlier of June 11, 2027 or the next annual stockholder meeting, subject to his continued service with the company through that vesting date.
When will Shannon James Samuel’s Xilio (XLO) stock options vest?
The options will vest 100% on the earlier of June 11, 2027 or Xilio’s next annual meeting of stockholders after the grant date. Vesting also requires Samuel to continue serving the company through the applicable vesting date, according to the award terms.
How many Xilio (XLO) stock options does Shannon James Samuel hold after this grant?
Following the reported transaction, Samuel holds 5,000 stock options directly. Each option is exercisable for one share of Xilio common stock at $7.99 per share, reflecting his full position in this specific award as disclosed in the filing.
Is Shannon James Samuel’s Xilio (XLO) option grant an open-market purchase or sale?
The transaction is a compensation-related grant, classified as a derivative award with code A. It represents an acquisition of options from the company, not an open-market stock purchase or sale, and therefore does not directly indicate trading activity in Xilio shares.