Form 4: Clene Inc. Director Jonathon Gay Acquires Stock Options
SEC Form 4
Director Jonathon Gay of Clene Inc. reports the acquisition of stock options for 3,295 shares of common stock.
Summary
- On October 2, 2024, Jonathon Gay, a director of Clene Inc., acquired stock options for 3,295 shares of common stock.
- The options were granted under the Clene Inc. Amended 2020 Stock Plan with an exercise price of $4.89 per share.
- The options vest immediately upon grant and expire on October 1, 2034.
- Following the transaction, Gay directly owns options for 3,295 shares.
Sentiment
Score: 5
Explanation: The document is a standard SEC filing related to stock option grants, which is neutral in sentiment.
Positives
- The immediate vesting of the options could incentivize the director to work towards the company's success.
Industry Context
Stock option grants are a common practice to align the interests of company directors with those of shareholders.
Stakeholder Impact
- The stock option grant could potentially align the director's interests with those of the shareholders.
Key Dates
| Date | Description |
|---|---|
| 10/02/2024 | Date of stock option grant |
| 10/01/2034 | Expiration date of the stock options |
| 10/03/2024 | Date of signature on the Form 4 |
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