Director at CRISPR (CRSP) receives 13,000-share stock option grant
Filing Impact
Filing Sentiment
Form Type
4
Rhea-AI Filing Summary
CRISPR Therapeutics AG director John Greene received a grant of stock options covering 13,000 common shares. The options have an exercise price of $51.84 per share and expire on June 5, 2036.
According to the vesting terms, the award vests in 12 equal monthly installments, subject to continued service. The first installment vests on June 30, 2026, and the last 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
Greene John
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
Stock options granted: 13,000 options
Exercise price: $51.84 per share
Expiration date: June 5, 2036
+1 more
4 metrics
Stock options granted
13,000 options
Grant covering 13,000 underlying common shares
Exercise price
$51.84 per share
Exercise price for the 13,000-share option award
Expiration date
June 5, 2036
Option award expiration date
Vesting schedule
12 monthly installments
First vests June 30, 2026; final vests by 2027 Annual Meeting
Key Terms
Stock Option (Right to Buy), exercise price, vesting, Annual Meeting
4 terms
Stock Option (Right to Buy) financial
"security_title is reported as "Stock Option (Right to Buy)" for this grant."
exercise price financial
"The options have an exercise price of $51.84 per share."
The exercise price is the fixed amount at which you can buy or sell an asset, like a stock, when using an options contract. It matters because it helps determine whether exercising the option will be profitable or not, depending on the current market price. Think of it as the set price you agree on today to buy or sell later.
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 the one year anniversary or 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 John Greene report in this Form 4?
John Greene reported receiving a grant of stock options for 13,000 common shares of CRISPR Therapeutics AG. These options are a compensation award, not an open-market share purchase or sale, and were granted at a specified exercise price with a defined vesting schedule.
What is the exercise price of John Greene’s CRSP stock options?
The options have an exercise price of $51.84 per share. This means Greene can choose to buy CRISPR Therapeutics common shares at $51.84 once the options vest and before they expire, regardless of the market price at that time.
When do John Greene’s CRISPR Therapeutics options vest?
The options vest in 12 equal monthly installments, subject to 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.
When do John Greene’s CRSP stock options expire?
The options are scheduled to expire on June 5, 2036. After that date, any unexercised portion of the 13,000-share option award can no longer be exercised, so Greene must exercise vested options before the expiration date to receive shares.