Xencor director granted RSUs and stock options
Deshaies Raymond Joseph reported acquisition or exercise transactions in this Form 4 filing.
Rhea-AI Filing Summary
Deshaies Raymond Joseph reported acquisition or exercise transactions in this Form 4 filing.
Xencor Inc director Raymond Joseph Deshaies reported equity compensation grants. He received 10,302 shares of common stock in the form of restricted stock units that fully vest on the first anniversary of the June 16, 2026 grant. He was also granted options for 20,604 shares at $12.20 per share, vesting in equal monthly installments over one year and fully vesting on June 16, 2027, with expiration on June 15, 2036. Following these awards, he holds 10,302 common shares and 20,604 stock options directly.
Positive
- None.
Negative
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Insider Trade Summary
Grant/Award: 30,906 shares
Grant/Award
2 txns
Insider
Deshaies Raymond Joseph
Role
Director
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Grant/Award | Stock Option (Right to Buy) | 20,604 | $0.00 | $0.00 |
| Grant/Award | Common Stock | 10,302 | $0.00 | $0.00 |
Holdings After Transaction:
Stock Option (Right to Buy) — 20,604 contracts (Direct);
Common Stock — 10,302 shares (Direct)
Footnotes (2)
- F1. Represents restricted stock units that shall fully vest on the first anniversary of the date of grant.
- F2. The shares subject to the option will vest in equal monthly installments over one year beginning on the one-month anniversary of June 16, 2026, such that the total number of shares will be fully vested on June 16, 2027.
Key Figures
RSU grant: 10,302 shares
Option grant size: 20,604 shares
Option exercise price: $12.20 per share
+3 more
6 metrics
RSU grant
10,302 shares
Restricted stock units vest on first anniversary of June 16, 2026 grant
Option grant size
20,604 shares
Stock Option (Right to Buy) underlying Xencor common stock
Option exercise price
$12.20 per share
Conversion or exercise price for 20,604 stock options
Option expiration
June 15, 2036
Expiration date of the stock option grant
Common shares after grant
10,302 shares
Total Xencor common stock held directly after RSU grant
Options after grant
20,604 options
Total stock options held directly after option award
Key Terms
restricted stock units, Stock Option (Right to Buy), exercise price, vest in equal monthly installments, +1 more
5 terms
restricted stock units financial
"Represents restricted stock units that shall fully vest on the first anniversary of the date of grant."
Restricted stock units are a type of company reward where employees are promised shares of stock, but they only fully own these shares after meeting certain conditions, like staying with the company for a set time. They matter because they can become valuable assets and are often used to motivate employees to help the company succeed.
Stock Option (Right to Buy) financial
"Stock Option (Right to Buy) with 20,604.0000 shares underlying common stock."
exercise price financial
"conversion_or_exercise_price: "12.2000" for the stock option grant."
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.
vest in equal monthly installments financial
"The shares subject to the option will vest in equal monthly installments over one year beginning on the one-month anniversary of June 16, 2026."
expiration date financial
"expiration_date: "2036-06-15T00:00:00.000Z" for the stock option grant."
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
AI-generated questions and answers. How Rhea-AI works. Not financial advice.
What equity awards did XNCR director Raymond Joseph Deshaies receive?
Raymond Joseph Deshaies received 10,302 restricted stock units and stock options covering 20,604 Xencor common shares. The RSUs vest after one year, while the options vest monthly over a year, providing time-based incentive compensation tied to continued board service.
What is the exercise price and vesting schedule of the new XNCR stock options?
The new stock options cover 20,604 Xencor common shares at an exercise price of $12.20 per share. They vest in equal monthly installments over one year starting one month after June 16, 2026, becoming fully vested on June 16, 2027, and expire on June 15, 2036.
Do these XNCR Form 4 transactions involve open-market buying or selling?
These transactions are equity compensation grants, not open-market purchases or sales. The Form 4 shows an award of restricted stock units and stock options to director Raymond Joseph Deshaies, both reported at a price of $0.00 per share as they are granted by the company.
When will the newly granted XNCR restricted stock units vest?
The 10,302 restricted stock units granted to Raymond Joseph Deshaies will fully vest on the first anniversary of the June 16, 2026 grant date. This means the entire RSU award vests after one year of continued service, rather than in multiple installments.
AI-generated analysis. How Rhea-AI works. Not financial advice.
