CRISPR Therapeutics (CRSP) director receives 13,000 stock options at $51.84 strike
Filing Impact
Filing Sentiment
Form Type
4
Rhea-AI Filing Summary
CRISPR Therapeutics AG director George Simeon received a grant of stock options for 13,000 common shares. The options carry an exercise price of $51.84 per share and expire on June 5, 2036. This is a compensation-related award, not an open-market trade.
According to the vesting terms, the options vest in 12 equal monthly installments, subject to his continued service. The first installment vests on June 30, 2026, and the final installment vests on the earlier of the one-year anniversary of the grant date or the date of the 2027 Annual Meeting.
Positive
- None.
Negative
- None.
Insider Trade Summary
1 transaction reported
Mixed
1 txn
Insider
George Simeon
Role
null
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Grant/Award | Stock Option (Right to Buy) | 13,000 | $0.00 | -- |
Holdings After Transaction:
Stock Option (Right to Buy) — 13,000 shares (Direct, null)
Footnotes (1)
- [object Object]
Key Figures
Option grant size: 13,000 options
Exercise price: $51.84 per share
Expiration date: June 5, 2036
+4 more
7 metrics
Option grant size
13,000 options
Stock Option (Right to Buy) granted to director
Exercise price
$51.84 per share
Strike price for stock options
Expiration date
June 5, 2036
Option expiration
Shares underlying options
13,000 common shares
Underlying security for the option grant
Holdings after grant
13,000 derivative securities
Total stock options following transaction
Vesting start date
June 30, 2026
First monthly vesting installment
Vesting schedule length
12 monthly installments
Subject to continued service
Key Terms
Stock Option (Right to Buy), Grant, award, or other acquisition, vesting, Annual Meeting
4 terms
Stock Option (Right to Buy) financial
"security_title: Stock Option (Right to Buy)"
Grant, award, or other acquisition financial
"transaction_code_description: Grant, award, or other acquisition"
vesting financial
"the options will vest and become exercisable in 12 equal monthly installments"
Vesting is the process by which you earn full ownership of something, like company stock or a retirement benefit, over time. It’s like earning the right to keep a gift piece by piece the longer you stay with a company, making sure employees stay committed before they receive all the benefits.
Annual Meeting financial
"the last installment vests on the earlier of (i) the one year anniversary of the date of grant or (ii) the date of the 2027 Annual Meeting"
A company's annual meeting is a yearly gathering where owners (shareholders) and the board review performance, ask questions, and vote on key matters like electing directors, approving auditor choices, and sometimes setting pay or dividend policies. For investors it matters because decisions made and votes cast can change who runs the company, influence strategy and payouts, and affect the value or direction of their investment—similar to a homeowners’ meeting where rules and leaders that shape your property’s value are decided.
FAQ
What did CRISPR Therapeutics (CRSP) director George Simeon report in this Form 4?
George Simeon reported a grant of stock options covering 13,000 CRISPR Therapeutics common shares. These options are a compensation-related award, not an open-market purchase or sale, and were received at a per-share exercise price of $51.84.
What are the key terms of George Simeon’s CRSP stock option grant?
The grant consists of options to buy 13,000 common shares at an exercise price of $51.84 per share. The options expire on June 5, 2036, giving a long exercise window tied to Simeon’s continued service to the company.
How do the CRSP stock options granted to George Simeon vest?
The options vest in 12 equal monthly installments, subject to continued service. Vesting begins on June 30, 2026, with the final installment vesting on the earlier of the one-year anniversary of the grant date or the 2027 Annual Meeting.
Is George Simeon’s CRSP Form 4 transaction a stock purchase or sale?
The Form 4 reports a grant of stock options classified as a “Grant, award, or other acquisition.” It is not an open-market buy or sell; instead, it represents compensation that may be exercised later at $51.84 per share if conditions are met.
How many CRSP derivative securities does George Simeon hold after this option grant?
Following this transaction, Simeon holds 13,000 stock options related to CRISPR Therapeutics common shares. These options represent rights to buy shares at $51.84 each, subject to the disclosed vesting schedule and the expiration date of June 5, 2036.