Geron (GERN) grants director 270,000 stock options at $1.57
Filing Impact
Filing Sentiment
Form Type
4
Rhea-AI Filing Summary
Geron Corporation director Patricia S. Andrews received a grant of 270,000 stock options to buy Geron common stock. The options have an exercise price of $1.57 per share and expire on March 24, 2036. They vest in three equal annual installments starting on March 25, 2027, contingent on her continued service. Following this grant, she holds 270,000 stock options directly.
Positive
- None.
Negative
- None.
Insider Trade Summary
1 transaction reported
Mixed
1 txn
Insider
Andrews Patricia S
Role
Director
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Grant/Award | Stock Option (Right to Buy) | 270,000 | $0.00 | -- |
Holdings After Transaction:
Stock Option (Right to Buy) — 270,000 shares (Direct)
Footnotes (1)
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FAQ
What did Geron (GERN) director Patricia S. Andrews receive in this Form 4?
Patricia S. Andrews received a grant of 270,000 stock options. These options give her the right to buy Geron common stock at $1.57 per share, subject to vesting conditions and an expiration date in March 2036.
What is the exercise price and term of the new Geron (GERN) stock options?
The granted options have an exercise price of $1.57 per share and expire on March 24, 2036. This defines the fixed price Andrews can pay for shares and the final date she can exercise the options.
How do the Geron (GERN) stock options granted to Patricia Andrews vest?
The options vest in three equal annual installments starting March 25, 2027. Each installment requires Patricia Andrews to maintain continuous service with Geron through the applicable vesting date under the company’s 2018 Equity Incentive Plan.
How many Geron (GERN) stock options does Patricia Andrews hold after this grant?
After this grant, Patricia Andrews holds 270,000 stock options directly. The Form 4 shows this total as the number of derivative securities beneficially owned following the reported acquisition of the new option award.
Is the Geron (GERN) Form 4 transaction a purchase or a compensation grant?
The transaction is a compensation-related grant, not an open-market purchase. It is coded as an acquisition (code A) representing a stock option award under Geron’s equity incentive plan, with no cash purchase of shares reported.