BioAtla (NASDAQ: BCAB) CMO receives 240,000-share time-based RSU award
Filing Impact
Filing Sentiment
Form Type
4
Rhea-AI Filing Summary
Sievers Eric reported acquisition or exercise transactions in this Form 4 filing.
BioAtla, Inc. reported that Chief Medical Officer Eric Sievers received a grant of 240,000 shares of Common Stock in the form of time-based restricted stock units (RSUs) at no purchase price.
The RSU vests as to 25% of the shares on March 10, 2027, then 6.25% on the last day of each May, August, November, and February, subject to his continued service through each vesting date. Following this award, Sievers directly holds 598,705 shares of Common Stock.
Positive
- None.
Negative
- None.
Insider Trade Summary
1 transaction reported
Mixed
1 txn
Insider
Sievers Eric
Role
Chief Medical Officer
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Grant/Award | Common Stock | 240,000 | $0.00 | -- |
Holdings After Transaction:
Common Stock — 598,705 shares (Direct)
Footnotes (1)
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FAQ
What did BioAtla (BCAB) Chief Medical Officer Eric Sievers report on this Form 4?
Eric Sievers reported receiving a grant of 240,000 shares of BioAtla Common Stock in the form of time-based RSUs. The award was recorded at a $0.00 per-share price and increased his direct holdings to 598,705 shares after the transaction.
What is the vesting schedule for Eric Sievers’ 240,000 BioAtla (BCAB) RSUs?
The 240,000-share RSU vests 25% on March 10, 2027. Thereafter, 6.25% of the total shares vest on the last day of each May, August, November, and February, conditioned on Sievers’ continued service through each scheduled vesting date.
Is Eric Sievers’ BioAtla (BCAB) RSU award an open-market purchase or a grant?
The transaction is a grant/award acquisition, not an open-market purchase. It is coded as a Form 4 transaction type “A,” representing a restricted stock unit award at a $0.00 per-share transaction price, subject to the specified vesting schedule.
What type of security did Eric Sievers receive in the latest BioAtla (BCAB) Form 4?
Eric Sievers received Common Stock in the form of a time-based restricted stock unit (RSU) award covering 240,000 shares. The RSU structure means the shares vest over time as long as he continues to provide service through each vesting date.