Form 4: Harvard Apparatus Regenerative Technology Director Chen Jing Acquires Stock Options
SEC Form 4
Director Chen Jing receives stock options as part of annual equity grant and in lieu of cash compensation.
Summary
- Director Chen Jing acquired stock options from Harvard Apparatus Regenerative Technology, Inc. on June 27, 2024.
- The first stock option grant is for 10,204 shares at an exercise price of $2.92, 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.
- A second stock option grant is for 8,215 shares at an exercise price of $2.92, granted in lieu of cash compensation.
- 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: Routine director compensation; neither significantly positive nor negative.
Positives
- The grants incentivize the director to contribute to the company's long-term success.
Industry Context
Stock option grants are a common form of compensation for directors, aligning their interests with those of shareholders.
Stakeholder Impact
- The stock option grants align the director's interests with those of shareholders.
Key Dates
| Date | Description |
|---|---|
| 06/27/2024 | Date of stock option grants. |
| 06/27/2024 | First vesting date for the second stock option grant. |
| 06/30/2024 | Second vesting date for the second stock option grant. |
| 09/27/2024 | First vesting date for the first stock option grant. |
| 09/30/2024 | Third vesting date for the second stock option grant. |
| 12/27/2024 | Second vesting date for the first stock option grant. |
| 12/31/2024 | Fourth vesting date for the second stock option grant. |
| 03/27/2025 | Third vesting date for the first stock option grant. |
| 06/27/2025 | Fourth vesting date for the first stock option grant. |
| 06/27/2034 | Expiration date for both stock options. |
| 07/15/2024 | Date of Form 4 signature. |
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