Form 4: Coeptis Therapeutics Director Christopher Cochran Receives Stock Options
SEC Form 4
Director Christopher Cochran received a grant of 5,700 non-qualified stock options in Coeptis Therapeutics Holdings, Inc.
Summary
- Christopher Cochran, a director of Coeptis Therapeutics Holdings, Inc., received a grant of 5,700 non-qualified stock options on March 4, 2025.
- These options were granted under the company's 2022 equity incentive plan.
- The exercise price is $10.56, which is the fair market value (FMV) of the shares on the grant date.
- The options vest in four equal installments over one year, starting on March 31, 2025, and ending on December 31, 2025.
- The options expire ten years from the grant date.
Sentiment
Score: 5
Explanation: Neutral sentiment as it is a routine disclosure of stock option grants.
Positives
- The grant of stock options aligns the director's interests with those of the shareholders.
- The vesting schedule encourages continued service and contribution to the company.
Industry Context
Stock option grants are a common form of executive compensation in the biotechnology industry, aligning management's interests with those of shareholders and incentivizing long-term value creation.
Stakeholder Impact
- Shareholders may view the stock option grant as a positive incentive for the director.
- Employees may see this as a standard compensation practice.
Key Dates
| Date | Description |
|---|---|
| 03/04/2025 | Date of stock option grant |
| 03/31/2025 | First vesting date (25%) |
| 06/30/2025 | Second vesting date (25%) |
| 09/30/2025 | Third vesting date (25%) |
| 12/31/2025 | Final vesting date (25%) |
| 03/06/2025 | Date of Form 4 filing |
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