Form 4: BiomX Inc. Director Jonathan Leff Acquires Options in Company
SEC Form 4 Filing
Director Jonathan Leff reports acquisition of BiomX Inc. options, but disclaims beneficial ownership due to holding them for Deerfield Management Company, L.P.
Summary
- On April 14, 2025, Jonathan Leff, a director of BiomX Inc., acquired options to purchase 17,600 shares of BiomX Inc. common stock.
- The exercise price of these options is $0.538 per share.
- The options vest over four years, with 25% vesting on April 14, 2026, and the remainder vesting in 12 equal quarterly installments over three years.
- The options expire on April 14, 2035.
- Leff disclaims beneficial ownership of these securities, stating that he holds the options for the benefit and at the direction of Deerfield Management Company, L.P.
Sentiment
Score: 5
Explanation: The document is a standard regulatory filing, so the sentiment is neutral.
Management Comments
- Jonathan Leff states that he has no pecuniary interest in the securities and disclaims beneficial ownership, holding the options for the benefit and at the direction of Deerfield Management Company, L.P.
Industry Context
This filing is a routine disclosure of insider transactions, providing transparency to investors regarding the holdings and activities of company directors.
Stakeholder Impact
- Shareholders are informed about the director's acquisition of options, although beneficial ownership is disclaimed.
Key Dates
| Date | Description |
|---|---|
| 04/14/2025 | Date of transaction: Jonathan Leff acquired options to purchase BiomX Inc. common stock. |
| 04/14/2026 | 25% of the options vest. |
| 04/14/2035 | Expiration date of the options. |
| 04/18/2025 | Date of signature of the Form 4 filing. |
Keywords
BiomX Inc., Jonathan Leff, options, Deerfield Management Company, beneficial ownership, Form 4, director
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