A2Z CUST2MATE (AZ) director discloses 4,000 shares and 10,000 options
Filing Impact
Filing Sentiment
Form Type
3
Rhea-AI Filing Summary
A2Z CUST2MATE SOLUTIONS CORP. director Vazan Adi Yaacob filed an initial ownership report showing existing equity interests. The filing lists direct ownership of 4,000 Common Shares and stock options to acquire 10,000 Common Shares at an exercise price of $1.78 per share, expiring on August 14, 2034. According to the footnote, these options were granted on August 14, 2024 and vest in three equal parts on June 30, 2025, June 30, 2026, and June 30, 2027, becoming exercisable as each portion vests.
Positive
- None.
Negative
- None.
Insider Trade Summary
2 transactions reported
Mixed
2 txns
Insider
VAZAN ADI YAACOB
Role
Director
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| holding | Stock Options (right to buy) | -- | -- | -- |
| holding | Common Shares | -- | -- | -- |
Holdings After Transaction:
Stock Options (right to buy) — 10,000 shares (Direct);
Common Shares — 4,000 shares (Direct)
Footnotes (1)
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FAQ
What does the Form 3 filing show for A2Z CUST2MATE (AZ) director Vazan Adi Yaacob?
The Form 3 shows Yaacob’s initial reported holdings in A2Z CUST2MATE. It lists 4,000 Common Shares held directly and stock options covering 10,000 Common Shares, giving a clear snapshot of his starting equity position as a director.
How many stock options does the A2Z CUST2MATE (AZ) director report on this Form 3?
The director reports stock options linked to 10,000 underlying Common Shares. These options were granted under the company’s Stock Option Plan and represent a significant portion of his disclosed equity exposure beyond the directly held 4,000 Common Shares.
What is the exercise price and expiry of the A2Z CUST2MATE (AZ) director’s reported stock options?
The reported stock options carry an exercise price of $1.78 per Common Share and expire on August 14, 2034. This defines the cost and time window for converting the options into shares, subject to the vesting schedule described.
How do the A2Z CUST2MATE (AZ) director’s stock options vest according to the filing footnote?
The options vest in three equal installments. One-third vests on June 30, 2025, another third on June 30, 2026, and the final third on June 30, 2027. Each vested portion becomes exercisable as it vests, according to the footnote.