Zura Bio (ZURA) CFO receives stock options for 340,900 shares at $6.03
Filing Impact
Filing Sentiment
Form Type
4
Rhea-AI Filing Summary
Zura Bio Ltd Chief Financial Officer Eric J. Hyllengren received an employee stock option grant covering 340,900 Class A Ordinary Shares. The option has an exercise price of $6.03 per share and expires on April 1, 2036. This is a compensation-related award, not an open‑market purchase.
According to the vesting schedule, one fourth of the option vests on April 1, 2027, with the remaining three fourths vesting in equal quarterly installments thereafter, subject to his continuous service. Following this grant, he holds options for 340,900 shares directly.
Positive
- None.
Negative
- None.
Insider Trade Summary
1 transaction reported
Mixed
1 txn
Insider
Hyllengren Eric J
Role
Chief Financial Officer
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Grant/Award | Employee Share Option (Right to Buy) | 340,900 | $0.00 | -- |
Holdings After Transaction:
Employee Share Option (Right to Buy) — 340,900 shares (Direct)
Footnotes (1)
- [object Object]
Key Figures
Option grant size: 340,900 shares
Exercise price: $6.03 per share
Expiration date: April 1, 2036
+2 more
5 metrics
Option grant size
340,900 shares
Employee stock option underlying Class A Ordinary Shares
Exercise price
$6.03 per share
Strike price for the employee share option
Expiration date
April 1, 2036
Option term end date
Post-grant option holdings
340,900 options
Total options held by CFO following the transaction
Initial vesting date
April 1, 2027
One fourth of option shares vest on this date
Key Terms
Employee Share Option, Class A Ordinary Shares, vesting, exercise price, +1 more
5 terms
vesting financial
"shares subject to the option award shall vest on April 1, 2027"
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.
exercise price financial
"conversion_or_exercise_price: "6.0300""
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.
expiration date financial
"expiration_date: "2036-04-01T00:00:00.000Z""
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 did Zura Bio (ZURA) disclose about CFO Eric Hyllengren’s Form 4 transaction?
CFO Eric J. Hyllengren received an employee stock option grant for 340,900 Class A Ordinary Shares at a $6.03 exercise price, expiring April 1, 2036. This is a compensation-related award rather than an open-market share purchase or sale.
What is the exercise price and expiration date of the Zura Bio (ZURA) CFO’s options?
The employee stock option awarded to Zura Bio’s CFO has an exercise price of $6.03 per share and an expiration date of April 1, 2036. He can only exercise vested portions of the option before that expiration date, under the award terms.
How do the Zura Bio (ZURA) CFO’s options vest over time?
One fourth of the shares subject to the option vest on April 1, 2027. The remaining three fourths vest in equal quarterly installments thereafter, with vesting conditioned on the CFO’s continuous service through each respective vesting date.