ImmuCell (ICCC) director discloses 17,899 stock options grant details
Filing Impact
Filing Sentiment
Form Type
3
Rhea-AI Filing Summary
ImmuCell Corp. director Anthony DiMarco filed an initial ownership report showing a holding of non-qualified stock options. These options cover 17,899 shares of common stock at an exercise price of $7.60 per share and expire on April 15, 2036.
The options vest over three years: 5,966 shares become exercisable on each of April 15, 2027 and April 15, 2028, and 5,967 shares on April 15, 2029. This filing records DiMarco’s derivative equity position; it does not show any recent buy or sell transaction.
Positive
- None.
Negative
- None.
Insider Trade Summary
1 transaction reported
Mixed
1 txn
Insider
DiMarco Anthony
Role
null
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| holding | Non Qualified Stock Options (Right to buy) | -- | -- | -- |
Holdings After Transaction:
Non Qualified Stock Options (Right to buy) — 17,899 shares (Direct, null)
Footnotes (1)
- [object Object]
Key Figures
Options underlying shares: 17,899 shares
Exercise price: $7.60 per share
Vesting 2027: 5,966 shares
+3 more
6 metrics
Options underlying shares
17,899 shares
Non-qualified stock options on ImmuCell common stock
Exercise price
$7.60 per share
Strike price for DiMarco’s non-qualified stock options
Vesting 2027
5,966 shares
Become exercisable on April 15, 2027
Vesting 2028
5,966 shares
Become exercisable on April 15, 2028
Vesting 2029
5,967 shares
Become exercisable on April 15, 2029
Option expiration
April 15, 2036
Expiration date of the non-qualified stock options
Key Terms
Non Qualified Stock Options (Right to buy), exercise price, vests, expiration date
4 terms
Non Qualified Stock Options (Right to buy) financial
"Security title is listed as Non Qualified Stock Options (Right to buy)."
exercise price financial
"The options have an exercise price of 7.6000 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.
vests financial
"The stock option vests as follows: 5,966 shares becoming exercisable on each of April 15, 2027 and April 15, 2028."
expiration date financial
"The options have an expiration date of 2036-04-15."
The expiration date is the deadline after which a financial contract, such as an option or a futures agreement, is no longer valid or can be exercised. It matters to investors because it determines the timeframe during which they can take action or benefit from the contract, similar to how a coupon or a food item has a limited period of usefulness. Once the expiration date passes, the contract loses its value or ability to be used.
FAQ
What does the ImmuCell (ICCC) Form 3 filing by Anthony DiMarco show?
The Form 3 shows director Anthony DiMarco holds non-qualified stock options covering 17,899 ImmuCell shares at $7.60 per share, expiring in 2036, with vesting spread across 2027, 2028, and 2029.
What is the exercise price of Anthony DiMarco’s ImmuCell (ICCC) stock options?
The options have an exercise price of $7.60 per share. This means DiMarco can purchase ImmuCell common stock at $7.60 for each optioned share once the options vest and before they expire in 2036.
When do Anthony DiMarco’s ImmuCell (ICCC) stock options vest?
The options vest in three annual installments: 5,966 shares become exercisable on April 15, 2027, another 5,966 on April 15, 2028, and 5,967 on April 15, 2029, as described in the footnote.
When do Anthony DiMarco’s ImmuCell (ICCC) stock options expire?
The non-qualified stock options expire on April 15, 2036. After this expiration date, any unexercised options will lapse, meaning DiMarco can no longer use them to purchase ImmuCell common shares.