Zura Bio (ZURA) grants 425,700 stock options to Chief Legal Officer
Filing Impact
Filing Sentiment
Form Type
4
Rhea-AI Filing Summary
Zura Bio Ltd reported that its Chief Legal Officer, Davis Kim, received an employee stock option grant covering 425,700 Class A Ordinary Shares. The options have an exercise price of $6.03 per share and expire on April 1, 2036.
According to the vesting terms, one fourth of the option award vests on April 1, 2027, with the remaining options vesting in equal quarterly installments thereafter, contingent on Kim’s continued service. This is a compensation-related award rather than an open-market share purchase or sale.
Positive
- None.
Negative
- None.
Insider Trade Summary
1 transaction reported
Mixed
1 txn
Insider
Davis Kim
Role
Chief Legal Officer
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Grant/Award | Employee Share Option (Right to Buy) | 425,700 | $0.00 | -- |
Holdings After Transaction:
Employee Share Option (Right to Buy) — 425,700 shares (Direct)
Footnotes (1)
- [object Object]
Key Figures
Option grant size: 425,700 options
Exercise price: $6.03 per share
Underlying shares: 425,700 shares
+3 more
6 metrics
Option grant size
425,700 options
Employee Share Option grant to Chief Legal Officer
Exercise price
$6.03 per share
Exercise price for Employee Share Option award
Underlying shares
425,700 shares
Class A Ordinary Shares underlying the option award
Post-grant derivative holdings
425,700 options
Total derivative securities following the reported transaction
Vesting start date
April 1, 2027
One fourth of options vest on this date
Expiration date
April 1, 2036
Option award expiration if not exercised
Key Terms
Employee Share Option (Right to Buy), Class A Ordinary Shares, exercise price, vesting, +1 more
5 terms
exercise price financial
"conversion_or_exercise_price: 6.0300"
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.
vesting financial
"the shares subject to the option award shall vest on April 1, 2027"
Vesting is the process by which you earn full ownership of something, like company stock or a retirement benefit, over time. It’s like earning the right to keep a gift piece by piece the longer you stay with a company, making sure employees stay committed before they receive all the benefits.
expiration date financial
"expiration_date: 2036-04-01T00:00:00.000Z"
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.
FAQ
What did Zura Bio (ZURA) disclose about Davis Kim in this Form 4?
Zura Bio disclosed that Chief Legal Officer Davis Kim received an employee stock option grant for 425,700 shares. The award is part of his compensation package and does not represent an open-market stock purchase or sale.
How many options did Zura Bio’s Chief Legal Officer receive and at what price?
Chief Legal Officer Davis Kim received options covering 425,700 Class A Ordinary Shares with an exercise price of $6.03 per share. This means he can buy shares at $6.03 once the options vest and are exercised.
When do Davis Kim’s Zura Bio stock options start vesting and when do they expire?
The options begin vesting on April 1, 2027, when one fourth of the award vests. The remaining options vest in equal quarterly installments thereafter, and the entire option grant expires on April 1, 2036 if not exercised.
Is the Zura Bio (ZURA) Form 4 transaction a stock purchase or sale by Davis Kim?
No, it is not a market purchase or sale. The Form 4 reports a grant of employee stock options to Chief Legal Officer Davis Kim as compensation, giving him the right to buy shares later at a fixed exercise price.