Form 4: Jasper Therapeutics Director Scott Brun Granted Power of Attorney, Acquires Stock Options
SEC Form 4 Filing
Scott Brun, a director at Jasper Therapeutics, granted power of attorney to Ronald Martell and Herb Cross and acquired 7,500 stock options.
Summary
- Scott Brun, a director of Jasper Therapeutics, Inc., has granted power of attorney to Ronald Martell and Herb Cross to execute and file Forms 3, 4, 5, and 144 on his behalf.
- This power of attorney covers transactions related to Section 16(a) of the Securities Exchange Act of 1934 and Rule 144 under the Securities Act of 1933.
- The power of attorney remains in effect until Brun is no longer required to file these forms or until he revokes it in writing.
- Additionally, Scott Brun acquired 7,500 stock options with an exercise price of $25.41 on June 6, 2024, exercisable from June 6, 2025, and expiring on June 6, 2034.
Sentiment
Score: 6
Explanation: The document is neutral, detailing routine administrative and compensation matters. The acquisition of stock options is generally viewed positively, but it's a standard practice.
Industry Context
The granting of power of attorney for SEC filings is a routine administrative procedure. The acquisition of stock options is a common form of executive compensation.
Stakeholder Impact
- Shareholders may view the granting of stock options as a positive incentive for the director.
- The power of attorney ensures compliance with SEC regulations.
Key Dates
| Date | Description |
|---|---|
| 2024-05-29 | Date of execution of the Power of Attorney. |
| 2024-06-06 | Date of the earliest transaction (acquisition of stock options). |
| 2024-06-06 | Date stock options were acquired. |
| 2024-06-06 | Date stock options become exercisable. |
| 2024-06-10 | Date of signature of the Form 4 by Attorney-in-Fact. |
| 2024-06-06 | Expiration date of the stock options. |
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