Avalanche Treasury Corp (AVAT) grants COO options on 1,100,000 shares
Filing Impact
Filing Sentiment
Form Type
4
Rhea-AI Filing Summary
Avalanche Treasury Corp granted Chief Operating Officer Moljo Laine Mihalchick a stock option award covering 1,100,000 shares of Class A common stock at an exercise price of $0.54 per share, expiring on July 12, 2036. The options vest in equal installments on January 12, 2027, 2028 and 2029, subject to continued employment, leaving her with 1,100,000 stock options held directly after the grant.
Positive
- None.
Negative
- None.
Insider Trade Summary
1 transaction reported
Mixed
1 txn
Insider
Moljo Laine Mihalchick
Role
Chief Operating Officer
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Grant/Award | Stock Option (Right to Buy) | 1,100,000 | $0.00 | -- |
Holdings After Transaction:
Stock Option (Right to Buy) — 1,100,000 shares (Direct)
Footnotes (1)
- [object Object]
Key Figures
Options granted: 1,100,000 shares
Exercise price: $0.54 per share
Expiration date: July 12, 2036
+4 more
7 metrics
Options granted
1,100,000 shares
Stock Option (Right to Buy) for Class A common stock granted to COO
Exercise price
$0.54 per share
Conversion or exercise price of the granted stock options
Expiration date
July 12, 2036
Expiration date of the COO’s stock option award
Vesting date 1
January 12, 2027
First one-third of options vest subject to continued employment
Vesting date 2
January 12, 2028
Second one-third of options vest subject to continued employment
Vesting date 3
January 12, 2029
Final one-third of options vest subject to continued employment
Total derivative holdings after grant
1,100,000 options
Total stock options beneficially owned directly after the transaction
Key Terms
Stock Option (Right to Buy), Class A common stock, conversion or exercise price, vest, +1 more
5 terms
Stock Option (Right to Buy) financial
"security_title is reported as Stock Option (Right to Buy)"
Class A common stock financial
"underlying_security_title is listed as Class A common stock"
Class A common stock is a category of a company’s shares that carries a specific set of ownership rights—most commonly defined voting power and claims on dividends—set out in the company’s charter. For investors it matters because the class determines how much influence you have over corporate decisions, the share’s likely dividend and trading behavior, and how it compares in value to other share classes, like choosing a particular seat with different privileges at the company’s decision-making table.
conversion or exercise price financial
"The option has a conversion or exercise price of 0.5400"
vest financial
"The option awards vest in equal installments on January 12, 2027, 2028 and 2029"
A vest is the process by which an employee earns the right to receive certain benefits or ownership interests, such as stock or retirement funds, over time. It’s similar to earning a reward gradually, ensuring that the benefit becomes fully yours only after a set period or meeting specific conditions. This makes it important for investors because it determines when they can actually claim or use those benefits.
expiration date financial
"The option carries an expiration date of 2036-07-12"
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
What insider transaction did Avalanche Treasury Corp (AVAT) report for its COO?
Avalanche Treasury Corp (AVAT) reported that COO Moljo Laine Mihalchick received a grant of stock options covering 1,100,000 shares of Class A common stock. This is a compensation award, not an open-market share purchase or sale.
What are the key terms of the COO’s stock option grant at Avalanche Treasury Corp (AVAT)?
The COO’s stock option grant covers 1,100,000 underlying shares of Class A common stock with a $0.54 per share exercise price and an expiration date of July 12, 2036, reflecting a long-dated incentive award.
How do the Avalanche Treasury Corp (AVAT) options granted to the COO vest?
The option awards vest in three equal installments on January 12, 2027, 2028 and 2029. Vesting is conditioned on the COO’s continued employment with Avalanche Treasury Corp or its subsidiaries through each applicable vesting date.
What is the COO’s derivative holdings after the option grant at Avalanche Treasury Corp (AVAT)?
Following the transaction, the COO beneficially owns 1,100,000 stock options directly. These represent rights to buy Class A common stock at $0.54 per share, subject to the vesting schedule and the stated July 12, 2036 expiration.