Adicet Bio (NASDAQ: ACET) grants 72,555 stock options to Chief Scientific Officer
Filing Impact
Filing Sentiment
Form Type
4
Rhea-AI Filing Summary
Adicet Bio, Inc. Chief Scientific Officer Aftab Blake received a grant of stock options to acquire 72,555 shares of common stock. The options have an exercise price of $6.81 per share and expire on March 24, 2036.
According to the vesting terms, 1/48th of the options vest on each monthly anniversary over the next forty-eight months, as long as Blake continues a service relationship with the company. This is a compensation-related award, not an open-market purchase or sale, and it brings Blake’s directly held option position in this grant to 72,555 derivative securities.
Positive
- None.
Negative
- None.
Insider Trade Summary
1 transaction reported
Mixed
1 txn
Insider
Aftab Blake
Role
Chief Scientific Officer
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Grant/Award | Stock Option (Right to Buy) | 72,555 | $0.00 | -- |
Holdings After Transaction:
Stock Option (Right to Buy) — 72,555 shares (Direct)
Footnotes (1)
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FAQ
What insider transaction did Adicet Bio (ACET) report for Aftab Blake?
Adicet Bio reported a stock option grant to Chief Scientific Officer Aftab Blake for 72,555 shares of common stock. The options are a compensation award, not a market trade, and give the right to buy shares at a fixed exercise price of $6.81.
What are the key terms of Aftab Blake’s stock options at Adicet Bio (ACET)?
The grant covers 72,555 options with an exercise price of $6.81 per share, expiring on March 24, 2036. The options represent the right, but not obligation, to buy Adicet Bio common stock at that price before expiration.
How do Aftab Blake’s Adicet Bio (ACET) stock options vest over time?
The options vest in 48 equal monthly installments. One forty-eighth of the 72,555 options vests on each monthly anniversary of the grant date, provided Blake maintains a service relationship with Adicet Bio on the applicable vesting dates.
Is Aftab Blake’s Form 4 transaction in Adicet Bio (ACET) a stock purchase or sale?
The Form 4 shows an option grant, not a purchase or sale. Code “A” reflects a grant or award of derivative securities as compensation, giving Blake rights to future share purchases instead of recording an immediate open-market buy or sell.
How many Adicet Bio (ACET) options does Aftab Blake hold after this grant?
Following this transaction, Blake holds 72,555 options related to this grant, all reported as directly owned. These options are tied to an equal number of underlying common shares, subject to the four-year monthly vesting schedule and the stated exercise price.