Firefly Neuroscience CAO reports 50K-share option
Form 3 for FIREFLY NEUROSCIENCE, INC. discloses the Chief Accounting Officer’s 50,000-share stock option position and detailed vesting schedule.
Rhea-AI Filing Summary
FIREFLY NEUROSCIENCE, INC. (AIFF) reported the initial equity holdings of Chief Accounting Officer Jessica Lucia Paz. She holds a stock option to buy 50,000 shares of common stock at an exercise price of $1.11 per share, expiring on September 8, 2036. The option vests as to 12,500 shares on September 8, 2027, with the remaining 37,500 shares vesting in 12 equal quarterly installments of 3,125 shares each, ending on August 15, 2030.
Positive
- None.
Negative
- None.
Insider Trade Summary
1 transaction reported
Mixed
1 txn
Insider
Paz Jessica Lucia
Role
Chief Accounting Officer
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| holding | Stock Option (Right to Buy) F1 | -- | -- | -- |
Holdings After Transaction:
Stock Option (Right to Buy) — 50,000 contracts (Direct)
Footnotes (1)
- F1. Vests as to 12,500 shares on September 8, 2027, and the remaining 37,500 shares vest in 12 equal quarterly installments of 3,125 shares each, with the final vesting on August 15, 2030.
Key Figures
Underlying shares in stock option: 50,000 shares
Exercise price: $1.11 per share
Initial vesting tranche: 12,500 shares
+3 more
6 metrics
Underlying shares in stock option
50,000 shares
Stock Option (Right to Buy) for FIREFLY NEUROSCIENCE, INC. common stock held directly
Exercise price
$1.11 per share
Exercise price of the reported stock option
Initial vesting tranche
12,500 shares
First vesting on September 8, 2027
Remaining vesting shares
37,500 shares
Vest in 12 equal quarterly installments of 3,125 shares each
Quarterly vesting installment size
3,125 shares
Each quarterly installment after the initial vesting, through August 15, 2030
Option expiration date
September 8, 2036
Expiration date of the stock option held by the Chief Accounting Officer
Key Terms
Stock Option (Right to Buy), exercise price, vesting, expiration date
4 terms
Stock Option (Right to Buy) financial
"She holds a stock option to buy 50,000 shares of common stock"
exercise price financial
"at an exercise price of $1.11 per share, expiring on September 8, 2036"
The exercise price is the fixed amount at which you can buy or sell an asset, like a stock, when using an options contract. It matters because it helps determine whether exercising the option will be profitable or not, depending on the current market price. Think of it as the set price you agree on today to buy or sell later.
vesting financial
"Vests as to 12,500 shares on September 8, 2027, and the remaining 37,500 shares vest"
Vesting is the process by which you earn full ownership of something, like company stock or a retirement benefit, over time. It’s like earning the right to keep a gift piece by piece the longer you stay with a company, making sure employees stay committed before they receive all the benefits.
expiration date financial
"expiring on September 8, 2036"
The expiration date is the deadline after which a financial contract, such as an option or a futures agreement, is no longer valid or can be exercised. It matters to investors because it determines the timeframe during which they can take action or benefit from the contract, similar to how a coupon or a food item has a limited period of usefulness. Once the expiration date passes, the contract loses its value or ability to be used.
FAQ
AI-generated questions and answers. How Rhea-AI works. Not financial advice.
What insider position does FIREFLY NEUROSCIENCE (AIFF) report for Jessica Lucia Paz on this Form 3?
The filing reports that Chief Accounting Officer Jessica Lucia Paz holds a stock option for 50,000 shares of FIREFLY NEUROSCIENCE, INC. common stock, held directly. This is an initial statement of beneficial ownership, not a report of a new trade.
What is the exercise price of the stock option reported for AIFF’s Chief Accounting Officer?
The stock option held by Jessica Lucia Paz has an exercise price of $1.11 per share. It covers 50,000 underlying shares of FIREFLY NEUROSCIENCE, INC. common stock and is reported as a direct holding.
When does the reported stock option for FIREFLY NEUROSCIENCE (AIFF) expire?
The stock option held by Chief Accounting Officer Jessica Lucia Paz expires on September 8, 2036. Until that date, subject to vesting, it gives her the right to purchase up to 50,000 shares of common stock at $1.11 per share.
AI-generated analysis. How Rhea-AI works. Not financial advice.