4/A: Glaukos Corp SVP Corrects Stock Option Grant in Amended SEC Filing
SEC Filing
Alex R. Thurman, SVP & CFO of Glaukos Corporation, files an amended SEC Form 4 to correct the number of stock options granted on March 14, 2024.
Summary
- Alex R. Thurman, SVP & CFO of Glaukos Corporation, filed an amended SEC Form 4 (4/A) on March 27, 2024.
- This amendment corrects an error in the original Form 4 filed on March 18, 2024.
- The error concerned the number of stock options granted to Mr. Thurman on March 14, 2024.
- The original filing incorrectly reported 8,591 options, while the correct number was 8,700.
- The options have an exercise price of $85.78.
- The options vest over four years, with 25% vesting on the first anniversary and the remainder vesting monthly over the following 36 months.
Sentiment
Score: 7
Explanation: The document is a neutral correction of a clerical error. It doesn't indicate any fundamental issues with the company, but it does show that there was an error in the original filing.
Positives
- The correction of the stock option grant demonstrates transparency from Glaukos Corp's SVP & CFO.
Industry Context
This filing is a routine disclosure related to executive compensation and is typical for publicly traded companies. It provides transparency into the equity-based compensation of key executives.
Stakeholder Impact
- Shareholders benefit from accurate reporting of executive compensation.
Key Dates
| Date | Description |
|---|---|
| 03/14/2024 | Date of original stock option grant |
| 03/18/2024 | Date of original Form 4 filing with incorrect information |
| 03/27/2024 | Date of amended Form 4/A filing |
| 03/14/2034 | Expiration date of the stock options |
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