4D Molecular (NASDAQ: FDMT) awards 219,000 stock options to company officer
Filing Impact
Filing Sentiment
Form Type
4
Rhea-AI Filing Summary
4D Molecular Therapeutics, Inc. reported that officer Christopher Paul Simms received a grant of stock options covering 219,000 shares of common stock. The options have an exercise price of $9.88 per share and expire on March 24, 2036.
According to the terms, 1/48 of the underlying shares will vest each month starting on March 25, 2026, so long as Simms remains a service provider, with full vesting on the fourth anniversary of that date. Following this grant, he holds options for 219,000 shares directly.
Positive
- None.
Negative
- None.
Insider Trade Summary
1 transaction reported
Mixed
1 txn
Insider
Simms Christopher Paul
Role
See Remarks
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Grant/Award | Stock Option (Right to Buy) | 219,000 | $0.00 | -- |
Holdings After Transaction:
Stock Option (Right to Buy) — 219,000 shares (Direct)
Footnotes (1)
- [object Object]
FAQ
What did Christopher Paul Simms receive in this 4D Molecular Therapeutics (FDMT) Form 4?
Christopher Paul Simms received a grant of stock options for 219,000 shares of 4D Molecular Therapeutics common stock. These options were awarded as compensation and give him the right to buy shares at a fixed exercise price in the future.
What is the exercise price and term of the new FDMT stock options?
The granted stock options have an exercise price of $9.88 per share and expire on March 24, 2036. This means Simms can choose to exercise the options at that price any time before the expiration date, once the options are vested.
How do the 219,000 FDMT stock options vest for Christopher Paul Simms?
The 219,000 options vest in equal monthly installments over four years. Specifically, 1/48 of the underlying shares vests on each monthly anniversary of March 25, 2026, provided Simms continues as a service provider, leading to full vesting on the fourth anniversary.
How many FDMT options does Christopher Paul Simms hold after this transaction?
After this grant, Simms holds stock options for 219,000 shares of 4D Molecular Therapeutics common stock directly. This Form 4 only reports this new award and shows his derivative holdings reflecting this option position following the transaction.
Is this FDMT Form 4 a stock purchase or a compensation award?
This Form 4 reflects a compensation-related award, not an open-market stock purchase. Simms received stock options at a fixed exercise price, classified as a grant or award acquisition, rather than buying or selling shares in the market.