Adicet Bio (ACET) CEO granted 468,555 stock options at $6.81 strike
Filing Impact
Filing Sentiment
Form Type
4
Rhea-AI Filing Summary
Adicet Bio, Inc. reported that President & CEO Chen Schor received a grant of stock options representing the right to buy 468,555 shares of common stock. The options have an exercise price of $6.81 per share and expire on March 24, 2036.
This award is compensation-related and not an open-market share purchase or sale. The filing notes that one forty-eighth of the options vest each month over 48 months from the grant date, contingent on Mr. Schor continuing his service with the company.
Positive
- None.
Negative
- None.
Insider Trade Summary
1 transaction reported
Mixed
1 txn
Insider
Schor Chen
Role
President & CEO
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Grant/Award | Stock Option (Right to Buy) | 468,555 | $0.00 | -- |
Holdings After Transaction:
Stock Option (Right to Buy) — 468,555 shares (Direct)
Footnotes (1)
- [object Object]
FAQ
What insider transaction did Adicet Bio (ACET) disclose for Chen Schor?
Adicet Bio disclosed that President & CEO Chen Schor received a grant of stock options for 468,555 shares of common stock as compensation. These options were awarded at an exercise price of $6.81 per share and are not an open-market share purchase.
How many Adicet Bio (ACET) options were granted to the CEO and at what price?
Chen Schor was granted stock options covering 468,555 shares of Adicet Bio common stock at an exercise price of $6.81 per share. This award increases his potential equity exposure without an immediate cash outlay or open-market transaction.
What is the vesting schedule for Chen Schor’s Adicet Bio (ACET) option grant?
The option grant vests in equal monthly installments over four years. Specifically, one forty-eighth of the 468,555 options vests on each monthly anniversary of the grant date, provided Chen Schor maintains a service relationship with Adicet Bio on each vesting date.
When do Chen Schor’s Adicet Bio (ACET) stock options expire?
The reported stock options granted to Chen Schor expire on March 24, 2036. If unexercised by that expiration date, the options will lapse. The long-dated term gives significant time for potential future exercise, subject to vesting and continued service conditions.