Zura Bio (NASDAQ: ZURA) director receives grant of 51,000 share options
Filing Impact
Filing Sentiment
Form Type
4
Rhea-AI Filing Summary
Zura Bio Ltd director Jennifer Jarrett received a grant of share options covering 51,000 Class A Ordinary Shares. The options have an exercise price of $3.62 per share and expire on June 17, 2036. Following this grant, she holds options on 51,000 shares directly.
The option award vests in twelve substantially equal monthly installments over one year starting June 17, 2026. Any remaining unvested portion will vest immediately before the next annual shareholder meeting after the grant date, subject to her continued service through each vesting date.
Positive
- None.
Negative
- None.
Insider Trade Summary
1 transaction reported
Mixed
1 txn
Insider
Jarrett Jennifer
Role
null
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Grant/Award | Share Option (Right to Buy) | 51,000 | $0.00 | -- |
Holdings After Transaction:
Share Option (Right to Buy) — 51,000 shares (Direct, null)
Footnotes (1)
- [object Object]
Key Figures
Options granted: 51,000 options
Exercise price: $3.62 per share
Expiration date: June 17, 2036
+2 more
5 metrics
Options granted
51,000 options
Share Option (Right to Buy) granted to director
Exercise price
$3.62 per share
Option exercise price for Class A Ordinary Shares
Expiration date
June 17, 2036
Option term end date
Underlying shares
51,000 shares
Class A Ordinary Shares underlying the options
Post-transaction holdings
51,000 options
Total derivative holdings following grant
Key Terms
Share Option (Right to Buy), Class A Ordinary Shares, Grant, award, or other acquisition, vests in twelve substantially equal monthly installments, +1 more
5 terms
Grant, award, or other acquisition financial
"transaction_code_description: "Grant, award, or other acquisition""
vests in twelve substantially equal monthly installments financial
"This option vests in twelve substantially equal monthly installments over a one-year period"
expiration date financial
"expiration_date: "2036-06-17T00:00:00.000Z""
The expiration date is the deadline after which a financial contract, such as an option or a futures agreement, is no longer valid or can be exercised.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 Zura Bio (ZURA) report for Jennifer Jarrett?
Jennifer Jarrett received a grant of 51,000 share options in Zura Bio Ltd. These options allow her to buy Class A Ordinary Shares at a fixed exercise price, functioning as part of her equity-based compensation package as a director.
What are the key terms of Jennifer Jarrett’s Zura Bio option grant?
The grant covers 51,000 share options with an exercise price of $3.62 per share and an expiration date of June 17, 2036. Each option relates to one Class A Ordinary Share of Zura Bio Ltd.
How do Jennifer Jarrett’s Zura Bio options vest over time?
The option grant vests in twelve substantially equal monthly installments over one year starting June 17, 2026. Any remaining unvested portion vests immediately before the next annual shareholder meeting, contingent on her continued service.
What is Jennifer Jarrett’s position in Zura Bio after this option grant?
After the transaction, she holds 51,000 share options directly, each tied to a Class A Ordinary Share. These options are exercisable at $3.62 per share and represent her reported derivative holdings following this specific grant.