Compugen (CGEN) COO discloses 400,000 share options in Form 3
Filing Impact
Filing Sentiment
Form Type
3
Rhea-AI Filing Summary
Compugen Ltd.’s Chief Operating Officer Pierre Ferre has filed a Form 3 reporting his existing holdings of share options. The filing lists options over a total of 400,000 Ordinary Shares, with exercise prices ranging from 3.0000 to 6.4500 and expiration dates between 2031 and 2035.
One option grant is already fully vested, while others vested or vest 25% on dates in 2023, 2024 and 2025, with the remaining portions vesting in 12 equal quarterly installments, subject to his continued service. A further grant begins vesting 25% on September 30, 2026, then continues in 12 quarterly installments.
Positive
- None.
Negative
- None.
Insider Trade Summary
6 transactions reported
Mixed
6 txns
Insider
Ferre Pierre
Role
Chief Operating Officer
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| holding | Share Option (right to buy) | -- | -- | -- |
| holding | Share Option (right to buy) | -- | -- | -- |
| holding | Share Option (right to buy) | -- | -- | -- |
| holding | Share Option (right to buy) | -- | -- | -- |
| holding | Share Option (right to buy) | -- | -- | -- |
| holding | Share Option (right to buy) | -- | -- | -- |
Holdings After Transaction:
Share Option (right to buy) — 100,000 shares (Direct)
Footnotes (1)
- Fully vested. This option vested 25% on March 31, 2023 and the remainder vested or vests in 12 equal quarterly installments thereafter, subject to the Reporting Person's continued service to the Issuer. This option vested 25% on December 31, 2023 and the remainder vested or vests in 12 equal quarterly installments thereafter, subject to the Reporting Person's continued service to the Issuer. This option vested 25% on September 30, 2024 and the remainder vested or vests in 12 equal quarterly installments thereafter, subject to the Reporting Person's continued service to the Issuer. This option vested 25% on September 30, 2025 and the remainder vested or vests in 12 equal quarterly installments thereafter, subject to the Reporting Person's continued service to the Issuer. This option vests 25% on September 30, 2026 and the remainder vests in 12 equal quarterly installments thereafter, subject to the Reporting Person's continued service to the Issuer.
FAQ
What does the Compugen (CGEN) Form 3 for Pierre Ferre report?
The Compugen Form 3 reports Chief Operating Officer Pierre Ferre’s existing holdings of share options. It lists multiple option grants over 400,000 Ordinary Shares, detailing their exercise prices, expiration dates, and vesting schedules tied to his continued service with the company.
What are the exercise prices of Pierre Ferre’s Compugen (CGEN) options?
The Form 3 shows exercise prices of 6.4500, 5.0000, 3.0000 and 4.0000 per share. Each price applies to a different option grant, reflecting distinct award terms and timelines for potential exercise into Compugen Ordinary Shares if conditions are met.
When do Pierre Ferre’s Compugen (CGEN) options expire?
The reported options expire on dates ranging from July 27, 2031 through August 5, 2035. Each option grant has a specific expiration date, giving multi‑year windows during which Ferre may exercise the rights, subject to vesting and continued service conditions.
How do Pierre Ferre’s Compugen (CGEN) options vest over time?
One option is fully vested, while others vest 25% on specific dates in 2023, 2024 and 2025, with remaining portions vesting in 12 equal quarterly installments. Another grant vests 25% on September 30, 2026, then continues vesting in 12 quarterly installments, contingent on continued service.
Is the Compugen (CGEN) Form 3 a buy or sell transaction for Pierre Ferre?
The Form 3 does not report new buys or sells; it discloses existing derivative holdings. The entries are classified as holdings of “Share Option (right to buy)” awards, showing remaining option positions and vesting terms rather than open‑market purchases or sales of Compugen shares.