4/A: CareDx Director Fred E. Cohen Amends Form 4 Filing to Correct Stock Option Exercise Price
SEC Form 4/A (Amendment)
Fred E. Cohen, a director of CareDx, Inc., amended a previous Form 4 filing to correct the exercise price of a stock option.
Summary
- Fred E. Cohen, a director of CareDx, Inc., filed an amendment to a previous Form 4 filing.
- The amendment corrects the exercise price of a stock option (right to buy) that was originally reported.
- The correct exercise price is $14.19.
- The option was granted on June 14, 2024, and expires on June 14, 2034.
- 16,048 shares are subject to the option.
- Vesting occurs monthly, with 1/12th of the shares vesting each month starting July 14, 2024, through June 14, 2025.
Sentiment
Score: 5
Explanation: The document is a routine regulatory filing correcting a minor error. It doesn't indicate positive or negative sentiment.
Industry Context
This filing is a routine disclosure related to insider transactions and is required by the SEC to ensure transparency in the market.
Stakeholder Impact
- The correction of the stock option exercise price ensures accurate information for shareholders and potential investors.
Key Dates
| Date | Description |
|---|---|
| 06/14/2024 | Date of earliest transaction (stock option grant) |
| 06/14/2024 | Stock option grant date |
| 07/14/2024 | First vesting date for the stock option (1/12th of shares) |
| 06/14/2025 | Last vesting date for the stock option (1/12th of shares) |
| 06/14/2034 | Expiration date of the stock option |
| 06/18/2024 | Date of original Form 4 filing |
| 06/20/2024 | Date of amended Form 4/A filing |
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