Form 4: Director David Green Receives Stock Options in Harvard Apparatus Regenerative Technology, Inc.

Sentiment:

SEC Form 4


David Green, a director at Harvard Apparatus Regenerative Technology, Inc. (HRGN), was granted stock options on June 27, 2024, as part of his annual equity grant and in lieu of cash compensation.

Summary

  • On June 27, 2024, David Green, a director of Harvard Apparatus Regenerative Technology, Inc. (HRGN), received two stock option grants.
  • The first grant was for 10,204 shares at an exercise price of $2.92, representing his annual equity grant as a non-employee director, vesting in four equal installments.
  • The vesting dates for the first grant are September 27, 2024, December 27, 2024, March 27, 2025, and June 27, 2025.
  • The second grant was for 8,215 shares at an exercise price of $2.92, granted in lieu of cash compensation, vesting in four equal installments.
  • The vesting dates for the second grant are June 27, 2024, June 30, 2024, September 30, 2024, and December 31, 2024.
  • Both stock options expire on June 27, 2034.

Sentiment

Score: 6

Explanation: The sentiment is neutral. It's a routine disclosure of stock option grants to a director, which is a standard practice.

Positives

  • The grants align director compensation with company performance.
  • The vesting schedule encourages long-term commitment from the director.

Industry Context

Stock option grants are a common form of compensation for directors, especially in smaller companies, to align their interests with shareholders.

Stakeholder Impact

  • The stock option grants may have a minor dilutive effect on existing shareholders.

Key Dates

DateDescription
06/27/2024Date of stock option grants
06/27/2024First vesting date for the stock option granted in lieu of cash compensation
06/30/2024Second vesting date for the stock option granted in lieu of cash compensation
09/27/2024First vesting date for the annual equity grant stock option
09/30/2024Third vesting date for the stock option granted in lieu of cash compensation
12/27/2024Second vesting date for the annual equity grant stock option
12/31/2024Fourth vesting date for the stock option granted in lieu of cash compensation
03/27/2025Third vesting date for the annual equity grant stock option
06/27/2025Fourth vesting date for the annual equity grant stock option
06/27/2034Expiration date for both stock option grants
07/15/2024Date of signature for the Form 4 filing

Disclaimer:The information provided here is for general informational purposes only and does not constitute financial advice, recommendation, or endorsement of any kind. It may contain errors or omissions. You should not rely on this information to make financial decisions. Always seek the advice of a qualified financial professional before making any investment or financial decisions. Use of this information is at your own risk.