Catheter Precision (VTAK) CEO awarded 40,000 options at $1.15 exercise price
Filing Impact
Filing Sentiment
Form Type
4
Rhea-AI Filing Summary
Catheter Precision, Inc. reported that Chairman and CEO David A. Jenkins received a grant of options to buy 40,000 shares of common stock. The options have an exercise price of $1.15 per share, expire on March 26, 2036, and vest 100% 180 days after the grant date.
Positive
- None.
Negative
- None.
Insider Trade Summary
1 transaction reported
Mixed
1 txn
Insider
JENKINS DAVID A
Role
Chairman of the Board and CEO
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Grant/Award | Options (Right to Buy) | 40,000 | $0.00 | -- |
Holdings After Transaction:
Options (Right to Buy) — 40,000 shares (Direct)
Footnotes (1)
- [object Object]
Key Figures
Options granted: 40,000 options
Exercise price: $1.15 per share
Underlying shares: 40,000 shares
+2 more
5 metrics
Options granted
40,000 options
Grant of options to CEO on March 26, 2026
Exercise price
$1.15 per share
Exercise price for newly granted options
Underlying shares
40,000 shares
Common stock underlying the option grant
Expiration date
March 26, 2036
Option term end date
Post-transaction derivatives
40,000 options
Derivative holdings following this grant
Key Terms
Options (Right to Buy), exercise price, expiration date, underlying security, +1 more
5 terms
Options (Right to Buy) financial
"security_title: "Options (Right to Buy)""
exercise price financial
"conversion_or_exercise_price: "1.1500""
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.
expiration date financial
"expiration_date: "2036-03-26T00:00:00.000Z""
The expiration date is the deadline after which a financial contract, such as an option or a futures agreement, is no longer valid or can be exercised.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.
underlying security financial
"underlying_security_title: "Common Stock""
vest 100% on 180 day anniversary financial
"Options vest 100% on 180 day anniversary of grant date."
FAQ
What insider transaction did Catheter Precision (VTAK) report for David A. Jenkins?
Catheter Precision reported that Chairman and CEO David A. Jenkins received a grant of options for 40,000 shares of common stock. These options are a compensation-related award, not an open-market purchase or sale of existing shares.
What is the exercise price of the new options granted to the VTAK CEO?
The options granted to the CEO have an exercise price of $1.15 per share. This means Jenkins can buy Catheter Precision common stock at $1.15 once the options vest and are exercised, regardless of the future market price.
When do the Catheter Precision (VTAK) CEO’s options vest and become exercisable?
The options granted to the CEO vest 100% on the 180-day anniversary of the March 26, 2026 grant date. After vesting, he can choose to exercise them any time before the expiration date, subject to applicable plan and company rules.
When do the newly granted VTAK CEO options expire?
The options granted to the CEO expire on March 26, 2036. If they are not exercised by that expiration date, the right to buy Catheter Precision common stock under this grant will lapse and become worthless.