Form 4: Cambium Networks Executive Raymond de Graaf Acquires 27,000 Stock Options
SEC Form 4 Filing
Raymond de Graaf, Senior VP of Operations at Cambium Networks, acquired 27,000 stock options on March 18, 2024, according to a Form 4 filing with the SEC.
Summary
- Raymond de Graaf, Senior VP of Operations at Cambium Networks, acquired 27,000 stock options on March 18, 2024.
- The options have an exercise price of $4.26.
- The options vest over time, with 25% vesting on March 18, 2025, and the remaining 75% vesting in 12 equal quarterly installments thereafter, contingent upon continued service.
- The options expire on March 18, 2034.
Sentiment
Score: 5
Explanation: The document is a standard SEC filing related to stock option grants, which is a neutral event.
Industry Context
This is a routine disclosure of stock option grants to a company executive, which is a common practice in publicly traded companies to incentivize and retain key personnel.
Stakeholder Impact
- The stock option grant could potentially incentivize the executive to improve company performance, which would benefit shareholders.
Key Dates
| Date | Description |
|---|---|
| 03/18/2024 | Date of transaction: Raymond de Graaf acquired 27,000 stock options. |
| 03/18/2025 | 25% of the acquired stock options vest. |
| 03/18/2034 | Expiration date of the acquired stock options. |
| 03/20/2024 | Date of Form 4 filing. |
Disclaimer:The information provided here is for general informational purposes only and does not constitute financial advice, recommendation, or endorsement of any kind. It may contain errors or omissions. You should not rely on this information to make financial decisions. Always seek the advice of a qualified financial professional before making any investment or financial decisions. Use of this information is at your own risk.