Form 4: Beyond Air Director Erick Lucera Acquires 75,000 Stock Options

Director Erick Lucera reports acquisition of 75,000 stock options in Beyond Air, Inc.

Summary

• On March 26, 2025, Erick Lucera, a director of Beyond Air, Inc. [XAIR], acquired 75,000 stock options.
• The exercise price of these options is $0.2946.
• The options vest in installments, starting with 25% on December 31, 2025, and the remainder in equal annual installments until fully vested on December 31, 2028.
• The options expire on March 26, 2035.

Sentiment

Score: 5

Explanation: The document is a routine regulatory filing regarding stock option grants, indicating a neutral sentiment.

Industry Context

This is a standard disclosure related to executive compensation and is common in the biotechnology industry.

Comparison to Industry Standards

• Stock option grants are a common form of compensation for directors and executives in publicly traded companies, particularly in the biotechnology sector.
• The vesting schedule of 25% initially and then annually over three years is a fairly standard vesting arrangement.
• Comparing the size of the grant to similar companies would require further analysis of Beyond Air's compensation policies and market capitalization.

Stakeholder Impact

• The stock option grant may incentivize the director to work towards increasing shareholder value.
• The grant has a dilutive effect on existing shareholders, although the impact is likely minimal given the size of the grant.

Key Dates

Keywords

stock options, Form 4, director, acquisition, XAIR, Beyond Air, Erick Lucera