HASLER HANS PETER 4

What Happened
Hans Peter Hasler, a non-employee director of Minerva Neurosciences, was granted a derivative award of 50,000 shares on 2026-06-03. The reported transaction shows 50,000 shares at $0.00 (derivative/award). This was a grant of an option-style award (compensation), not an open-market purchase or sale.

Key Details

• Transaction date: 2026-06-03; Form 4 filed: 2026-06-05 (appears timely).
• Transaction type/code: Award/Grant (derivative, code A).
• Shares granted: 50,000; reported price: $0.00 (reporting format for the grant).
• Shares owned after transaction: Not disclosed in the provided filing details.
• Footnote (vesting): The option vests in four equal quarterly installments (1/4 every three months), with the first 1/4 vesting three months after June 3, 2026, and additional 1/4 installments every three months thereafter, contingent on continued service as a non-employee director.
• No 10b5-1, tax-withholding, or late-filing flags noted in the provided data.

Context
This is a compensation grant to a director and not an immediate market buy or sale. As a derivative option award, the shares do not fully vest immediately — they vest over one year in quarterly installments subject to continued service. The $0.00 amount reported for the grant is a filing detail for the award; exercise price or other option terms (if any) are not provided in the summary above.