Form 4: Director Nicole Onetto Acquires 22,000 Stock Options in Bolt Biotherapeutics
SEC Form 4 Filing
Nicole Onetto, a director of Bolt Biotherapeutics, acquired 22,000 stock options on June 12, 2024, exercisable at $0.7682 per share.
Summary
- On June 12, 2024, Nicole Onetto, a director of Bolt Biotherapeutics, acquired 22,000 stock options.
- The exercise price of these options is $0.7682 per share.
- The options vest on the earlier of June 12, 2025, or the day before the next annual meeting of stockholders, contingent upon continuous service.
- The options will fully vest upon a change in control of Bolt Biotherapeutics.
- The expiration date for these options is June 11, 2034.
Sentiment
Score: 5
Explanation: The document is a standard regulatory filing detailing stock option grants, which is neutral in sentiment.
Future Outlook
The vesting of the options is contingent upon continued service and a potential change in control, indicating a long-term incentive for the director.
Industry Context
This filing is a routine disclosure of stock option grants to a company director, common in the biotechnology industry to incentivize management and align their interests with shareholders.
Stakeholder Impact
- The stock option grant aligns the director's interests with those of the shareholders, incentivizing value creation.
Key Dates
| Date | Description |
|---|---|
| 06/12/2024 | Date of transaction: Nicole Onetto acquired 22,000 stock options. |
| 06/12/2025 | Earliest vesting date for the stock options, contingent upon continuous service. |
| 06/11/2034 | Expiration date of the stock options. |
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