Shattuck Labs (STTK) grants director 81,000 stock options
Filing Impact
Filing Sentiment
Form Type
4
Rhea-AI Filing Summary
Shattuck Labs, Inc. reported that director Daniel G. Baker received a grant of stock options covering 81,000 shares of common stock. The options have an exercise price of $5.95 per share and expire on May 29, 2036.
The award vests in full on the earlier of the one-year anniversary of the grant date or immediately before the company’s next annual meeting of stockholders, as long as Baker continues to serve the company. After this grant, he holds options on 81,000 shares directly.
Positive
- None.
Negative
- None.
Insider Trade Summary
1 transaction reported
Mixed
1 txn
Insider
Baker Daniel G.
Role
null
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Grant/Award | Stock Option (Right to Buy) | 81,000 | $0.00 | -- |
Holdings After Transaction:
Stock Option (Right to Buy) — 81,000 shares (Direct, null)
Footnotes (1)
- [object Object]
Key Figures
Option grant size: 81,000 shares
Exercise price: $5.95 per share
Expiration date: May 29, 2036
+1 more
4 metrics
Option grant size
81,000 shares
Stock option covering common stock
Exercise price
$5.95 per share
Stock option strike price
Expiration date
May 29, 2036
Option term end
Post-grant derivative holdings
81,000 options
Total options held after transaction
Key Terms
Stock Option (Right to Buy), grant/award acquisition, exercise price, vest in full, +1 more
5 terms
Stock Option (Right to Buy) financial
"security_title: "Stock Option (Right to Buy)""
grant/award acquisition financial
"transaction_action: "grant/award acquisition""
exercise price financial
"conversion_or_exercise_price: "5.9500""
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.
vest in full financial
"which will vest in full on the earlier of the one-year anniversary"
annual meeting of stockholders financial
"immediately prior to the Issuer's next annual meeting of stockholders"
FAQ
What insider transaction did Shattuck Labs (STTK) disclose in this Form 4?
Shattuck Labs disclosed that director Daniel G. Baker received a stock option grant for 81,000 shares. The options relate to the company’s common stock and are a compensation award, not an open‑market purchase or sale of existing shares.
What is the exercise price of Daniel G. Baker’s Shattuck Labs (STTK) stock options?
The stock options granted to Daniel G. Baker have an exercise price of $5.95 per share. This is the price he must pay per share to convert the options into common stock if he chooses to exercise them.
When do Daniel G. Baker’s Shattuck Labs (STTK) options vest?
The options will vest in full on the earlier of one year after the grant date or immediately before Shattuck Labs’ next annual stockholders’ meeting. Vesting is conditioned on Baker’s continued service with the company through that time.
When do the Shattuck Labs (STTK) stock options granted to Daniel G. Baker expire?
The options granted to Daniel G. Baker expire on May 29, 2036. If he does not exercise them by that expiration date, the right to purchase the 81,000 shares at $5.95 per share will lapse.
Is Daniel G. Baker’s Shattuck Labs (STTK) Form 4 transaction a market purchase or sale?
No, the Form 4 reports a compensation-related stock option grant classified as a grant, award, or other acquisition. It is not an open‑market buy or sell transaction and does not itself involve cash trading of existing shares.