Thomas Riga, COO and CCO at Chimerix (NASDAQ:CMRX), reported a large acquisition of company stock options on November 16, according to a new SEC filing.
What Happened: A Form 4 filing from the U.S. Securities and Exchange Commission on Thursday showed that Riga, COO and CCO at Chimerix, a company in the Health Care sector, was just awarded stock options worth 800,000 shares of CMRX. The options give Riga the right to buy the company's stock at $1.0 per share.
Chimerix shares are trading up 3.0% at $1.03 at the time of this writing on Friday morning. Since the current price is $1.03, this makes Riga's 800,000 shares worth $824,000.