ALR Technologies SG director reports initial holdings
ALR Technologies SG Ltd. director Kenneth Robulak reports his initial ownership of stock options and ordinary shares.
Sentiment and the balance of points
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Form Type
3
Rhea-AI Filing Summary
ALR Technologies SG Ltd. director Kenneth Robulak reports his initial ownership of stock options and ordinary shares. He holds several stock option positions over 1,000,000, 2,350,000, 6,650,000 and 8,000,000 ordinary shares, each with a $0.01 exercise price expiring on June 30, 2028, plus 1,190,000 ordinary shares held directly.
A prior redomicile merger converted his former ALR Technologies Inc. equity into equivalent ALR Technologies SG Ltd. ordinary shares and options at the same exercise price.
Insider Trade Summary
5 transactions reported
Mixed
5 txns
Insider
Robulak Kenneth
Role
Director
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| holding | Stock Option | -- | -- | -- |
| holding | Stock Option | -- | -- | -- |
| holding | Stock Option | -- | -- | -- |
| holding | Stock Option | -- | -- | -- |
| holding | Ordinary Shares | -- | -- | -- |
Holdings After Transaction:
Stock Option — 18,000,000 contracts (Direct);
Ordinary Shares — 1,190,000 shares (Direct)
Footnotes (1)
- F1. On November 7, 2022, ALR Technologies Inc. completed a merger by and among ALR Technologies Inc., ALR Technologies SG Ltd. (the "Company") and its wholly-owned subsidiary, ALRT Delaware, Inc., ("ALR Delaware"), pursuant to which ALR Delaware merged with and into ALR Technologies Inc. (the "Redomicile Merger"), with ALR Technologies Inc. continuing as the surviving entity and a wholly-owned subsidiary of ALR Singapore. The Redomicile Merger resulted in ALR Singapore becoming a parent company and successor to ALR Technologies Inc. At the effective time of the Redomicile Merger, each outstanding share of ALR Technologies Inc. common stock was converted into the right to receive one ordinary share of ALR Singapore, and each option or warrant to purchase shares of Common Stock beneficially owned by the reporting person was converted into an option or warrant to subscribe for an equivalent number of ALR Singapore Ordinary Shares at an equivalent exercise price.
Key Figures
Option grant 1 underlying shares: 1,000,000 shares
Option grant 2 underlying shares: 2,350,000 shares
Option grant 3 underlying shares: 6,650,000 shares
+5 more
8 metrics
Option grant 1 underlying shares
1,000,000 shares
Underlying ordinary shares for one stock option position
Option grant 2 underlying shares
2,350,000 shares
Underlying ordinary shares for another stock option position
Option grant 3 underlying shares
6,650,000 shares
Underlying ordinary shares for a further stock option position
Option grant 4 underlying shares
8,000,000 shares
Underlying ordinary shares for a stock option position
Exercise price
$0.01 per share
Exercise price for all listed stock options
Option expiration date
June 30, 2028
Expiration date for all listed stock options
Direct ordinary share holdings
1,190,000 shares
Ordinary shares of ALR Technologies SG held directly
Unknown-direction entries
5 entries
Transactions classified as holdings with unknown direction
Key Terms
Form 3, Stock Option, Ordinary Shares, exercise price, +2 more
6 terms
Form 3 regulatory
"INSIDER FILING DATA (Form 3): {"
Form 3 is the initial public filing that officers, directors and large shareholders must submit to report their ownership of a company’s securities when they become insiders. It acts like an opening inventory sheet that gives investors a starting point to see who holds significant stakes and to spot later trades or potential conflicts of interest, helping assess insider confidence and transparency.
Stock Option financial
""security_title": "Stock Option","
A stock option is a contract that gives you the right to buy or sell a company's stock at a specific price within a certain time frame. People use them to potentially make money if the stock's price moves favorably or to protect against losses. It's like holding a coupon that can be used to buy or sell stock at a set price later on.
exercise price financial
""conversion_or_exercise_price": "0.0100","
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.
expiration date financial
""expiration_date": "2028-06-30T00:00:00.000Z","
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.
Redomicile Merger regulatory
"pursuant to which ALR Delaware merged with and into ALR Technologies Inc. ("Redomicile Merger")"
AI-generated analysis. How Rhea-AI works. Not financial advice.
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