Ads-Tec Energy director reports share holdings
Ads-Tec Energy Public Ltd Co director Dr. Kurt J. Lauk filed an initial ownership report showing his equity position in the company.
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Rhea-AI Filing Summary
Ads-Tec Energy Public Ltd Co director Dr. Kurt J. Lauk filed an initial ownership report showing his equity position in the company. The filing lists 37,312 ordinary shares held directly and 10,000 ordinary shares held indirectly through Globe CP GmbH, where he may be deemed to beneficially own securities subject to his pecuniary interest.
Dr. Lauk also holds 37,500 fully vested non-qualified stock options granted under the 2021 Omnibus Incentive Plan, exercisable at $8.82 per share and expiring on March 31, 2032. Footnotes further describe restricted stock units granted and their future vesting schedules, highlighting additional contingent equity exposure.
Insider Trade Summary
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| holding | Non-Qualified Stock Options | -- | -- | -- |
| holding | Ordinary Shares, $0.0001 nominal value per share | -- | -- | -- |
| holding | Ordinary Shares, $0.0001 nominal value per share | -- | -- | -- |
Footnotes (3)
- F1. Granted pursuant to the issuer's 2021 Omnibus Incentive Plan. Each restricted stock unit ("RSU") represents a contingent right to receive one ordinary share of the issuer, nominal value $0.0001 per share ("Ordinary Share"). Of the RSUs reported, (i) 15,208 are fully vested, (ii) 9,217 were granted on September 23, 2024 and will vest in full on June 1, 2026, and (iii) 12,887 were granted on September 26, 2025, and will vest in full upon the one-year anniversary of the grant date.
- F2. Dr. Lauk is the co-founder and president of Globe CP GmbH and may be deemed to beneficially own the securities held by Globe CP GmbH. Dr. Lauk disclaims beneficial ownership of any securities held by Globe CP GmbH other than to the extent of his pecuniary interests therein, directly or indirectly.
- F3. Granted pursuant to the issuer's 2021 Omnibus Incentive Plan. 37,500 non-qualified stock options ("NQOs") were granted on May 31, 2022, are fully vested and have not been exercised as of the date hereof.
FAQ
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What does the Form 3 filing by Ads-Tec Energy (ADSE) director Kurt J. Lauk show?
What stock options does Kurt J. Lauk report in his Ads-Tec Energy Form 3?
Are there restricted stock units (RSUs) included in Kurt J. Lauk’s Ads-Tec Energy holdings?
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