MTEM - Board Member at Molecular Templates Acquires Company Stock Options Worth 1000 Shares | Benzinga
Corazon D. Sanders, Board Member at Molecular Templates (NASDAQ:MTEM), reported a large acquisition of company stock options on October 31, according to a new SEC filing.
What Happened: A Form 4 filing from the U.S. Securities and Exchange Commission on Tuesday showed that Sanders, Board Member at Molecular Templates, a company in the Health Care sector, was just awarded stock options worth 1,000 shares of MTEM. The options give Sanders the right to buy the company's stock at $6.06 per share.
Molecular Templates shares are trading up 22.18% at $6.72 at the time of this writing on Wednesday morning. Since the current price is $6.72, this makes Sanders's 1,000 shares worth $6,720.