Stock options granted to Adicet Bio (ACET) chief technology officer
Filing Impact
Filing Sentiment
Form Type
4
Rhea-AI Filing Summary
Adicet Bio, Inc. reported that Chief Technology Officer Don Healey received a grant of stock options covering 43,361 shares of common stock. The options have an exercise price of $6.81 per share and expire on March 24, 2036. According to the terms, 1/48th of the options vest on each of the 48 monthly anniversaries of the grant date, as long as he continues his service with the company. This is a compensation-related award rather than an open-market share purchase.
Positive
- None.
Negative
- None.
Insider Trade Summary
1 transaction reported
Mixed
1 txn
Insider
Healey Don
Role
Chief Technology Officer
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Grant/Award | Stock Option (Right to Buy) | 43,361 | $0.00 | -- |
Holdings After Transaction:
Stock Option (Right to Buy) — 43,361 shares (Direct)
Footnotes (1)
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FAQ
What insider transaction did Adicet Bio (ACET) report in this Form 4?
Adicet Bio reported a stock option grant to its Chief Technology Officer, Don Healey. He received options for 43,361 shares as a compensation award, not an open-market purchase, with specific vesting, exercise price, and expiration terms described in the filing.
How many stock options did Adicet Bio’s CTO receive and at what exercise price?
The Chief Technology Officer received options on 43,361 shares of Adicet Bio common stock. These options carry an exercise price of $6.81 per share, meaning he can buy shares at that price once the respective tranches vest and are exercisable.
What is the vesting schedule for Don Healey’s Adicet Bio stock options?
The options vest in equal monthly installments over four years. Specifically, 1/48th of the 43,361 options vest on each monthly anniversary of the grant date, provided Don Healey maintains a service relationship with Adicet Bio on each applicable vesting date.
When do the newly granted Adicet Bio stock options expire?
The granted stock options expire on March 24, 2036. After this expiration date, any unexercised options become worthless, so they must be exercised before then, subject to vesting and any other conditions in the company’s equity plan or award agreement.
Is the Adicet Bio Form 4 transaction a market purchase or a compensation grant?
The transaction is a compensation grant, not a market purchase. The Form 4 describes a stock option award with a transaction code A, indicating a grant or award acquisition, given at no cost upfront but exercisable later at a fixed price per share.
How many Adicet Bio derivative securities does the CTO hold after this grant?
Following this transaction, Don Healey holds 43,361 derivative securities in the form of stock options. This figure reflects the total options covered by the new grant as reported, with no additional remaining derivative positions listed in the filing’s derivative summary section.