Form 4: FRACTYL HEALTH CFO Lisa Davidson Reports Stock Option Grant
SEC Filing
Lisa Davidson, CFO of Fractyl Health, reports the acquisition of stock options.
Summary
- Lisa Davidson, the Chief Financial Officer of Fractyl Health, Inc., filed a Form 4 on March 3, 2025, reporting transactions related to stock options.
- On February 27, 2025, Davidson acquired stock options for 174,700 shares at an exercise price of $1.46, vesting in equal installments over four years.
- Davidson also acquired stock options for 91,500 shares at an exercise price of $15, vesting in installments on December 31, 2024, and the subsequent three anniversaries, contingent on performance criteria being partially met.
- Following these transactions, Davidson directly owns stock options for 174,700 shares with an exercise price of $1.46 and 91,500 shares with an exercise price of $15.
Sentiment
Score: 5
Explanation: The document is a neutral regulatory filing. It doesn't inherently indicate positive or negative sentiment, but rather reports factual transactions.
Positives
- The grant of stock options to the CFO aligns her interests with those of the shareholders.
- The vesting schedule encourages long-term commitment from the CFO.
Industry Context
Form 4 filings are a routine part of corporate governance, providing transparency into the transactions of company insiders.
Stakeholder Impact
- The stock option grants may incentivize the CFO to improve company performance, potentially benefiting shareholders.
- The grants do not have an immediate impact on employees, customers, suppliers, or creditors.
Key Dates
| Date | Description |
|---|---|
| 02/01/2024 | Reporting Person was granted an option to purchase 152,500 shares of common stock to vest in the form of shares of the Issuer's common stock in four substantially equal installments on December 31, 2024 and each of the first three anniversaries thereof. |
| 12/31/2024 | 25% of the 91,500 shares vested. |
| 02/27/2025 | Date of stock option grants for 174,700 shares at $1.46 and 91,500 shares at $15. |
| 03/03/2025 | Date of Form 4 filing. |
| 02/26/2035 | Expiration date for stock options for 174,700 shares at $1.46. |
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