Catheter Precision (VTAK) CFO awarded options for 40,000 shares at $1.15
Filing Impact
Filing Sentiment
Form Type
4
Rhea-AI Filing Summary
Catheter Precision, Inc. reported that its Chief Financial Officer, Philip J. Anderson, received a grant of stock options covering 40,000 shares of common stock. The options have an exercise price of $1.15 per share and expire on March 26, 2036.
The options were awarded as a compensation grant and vest 100% on the 180-day anniversary of the grant date. Following this grant, Anderson holds derivative securities representing rights to acquire 40,000 shares of Catheter Precision common stock through these options.
Positive
- None.
Negative
- None.
Insider Trade Summary
1 transaction reported
Mixed
1 txn
Insider
ANDERSON PHILIP J
Role
Chief Financial Officer
| 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
Option grant size: 40,000 options
Exercise price: $1.15 per share
Expiration date: March 26, 2036
+2 more
5 metrics
Option grant size
40,000 options
Right to buy 40,000 shares of common stock
Exercise price
$1.15 per share
Strike price for the stock options
Expiration date
March 26, 2036
Options expiration
Vesting schedule
100% after 180 days
Vests on 180-day anniversary of grant date
Total derivatives after grant
40,000 options
Total options held following transaction
Key Terms
Options (Right to Buy), Grant, award, or other acquisition, exercise price, vest 100% on 180 day anniversary
4 terms
Options (Right to Buy) financial
"security_title: "Options (Right to Buy)""
Grant, award, or other acquisition financial
"transaction_code_description: "Grant, award, or other acquisition""
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.
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 its CFO?
Catheter Precision reported that CFO Philip J. Anderson received a grant of stock options for 40,000 shares. These options give him the right to buy common stock at a fixed price as part of his compensation package, rather than reflecting an open-market purchase or sale.
What is the exercise price of the CFO’s Catheter Precision (VTAK) stock options?
The exercise price of the CFO’s options is set at $1.15 per share. This means he can buy Catheter Precision common stock at $1.15 for each optioned share once the options vest and before they reach their stated expiration date.
When do the CFO’s Catheter Precision (VTAK) options vest and expire?
The options vest 100% on the 180-day anniversary of the grant date and expire on March 26, 2036. Full vesting after 180 days means the entire 40,000-share grant becomes exercisable at once, assuming continued service through that vesting date.
Is the Catheter Precision (VTAK) CFO’s Form 4 transaction a market buy or sell?
The Form 4 shows a grant or award acquisition, not a market buy or sell. The CFO received options at no cash cost on the transaction date, giving him the right to purchase 40,000 shares later rather than immediately trading in the open market.
How many derivative securities does the Catheter Precision (VTAK) CFO hold after this grant?
After the reported grant, the CFO holds stock options for 40,000 underlying shares. This figure reflects his total derivative position from this award as shown in the filing and indicates the maximum number of shares covered by this specific option grant.