Bob’s Discount Furniture (NYSE: BOBS) officer details initial share and option holdings
Rhea-AI Filing Summary
Bob's Discount Furniture, Inc. executive Stephen Nesle filed an initial ownership report showing direct holdings of 194,485 shares of common stock. Nesle also holds several stock option grants covering 134,?04 shares in total at exercise prices ranging from $2.04 to $5.64 per share, with vesting schedules running from April 1, 2023 through April 1, 2026.
Positive
- None.
Negative
- None.
Insider Trade Summary
6 transactions reported
Mixed
6 txns
Insider
Nesle Stephen
Role
See Remarks
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| holding | Stock Options (Right to Buy) | -- | -- | -- |
| holding | Stock Options (Right to Buy) | -- | -- | -- |
| holding | Stock Options (Right to Buy) | -- | -- | -- |
| holding | Stock Options (Right to Buy) | -- | -- | -- |
| holding | Stock Options (Right to Buy) | -- | -- | -- |
| holding | Common Stock | -- | -- | -- |
Holdings After Transaction:
Stock Options (Right to Buy) — 135,004 shares (Direct);
Common Stock — 194,485 shares (Direct)
Footnotes (5)
- F1. The option is fully vested.
- F2. The option vests in 4 equal annual installments that began on April 1, 2023.
- F3. The option vests in 4 equal annual installments that began on April 1, 2024.
- F4. The option vests in 4 equal annual installments that began on April 1, 2025.
- F5. The option vests in 4 equal annual installments commencing on April 1, 2026.
AI-generated analysis. How Rhea-AI works. Not financial advice.
FAQ
What does the Form 3 filing for BOBS disclose about Stephen Nesle?
The filing shows Stephen Nesle, an officer of Bob’s Discount Furniture, directly holds common stock and multiple stock option awards. It details his share count, option strike prices, expiration dates, and vesting schedules, establishing his initial reportable ownership position under Section 16 rules.
What stock options does Stephen Nesle hold in Bob's Discount Furniture (BOBS)?
Nesle holds several stock options to buy Bob’s Discount Furniture common stock with expirations from April 1, 2031 through February 12, 2035. Exercise prices range from $2.04 to $5.64 per share, each tied to specific vesting schedules.
How do Stephen Nesle’s BOBS stock options vest over time?
One option grant is fully vested, while others vest in four equal annual installments. These vesting schedules began on April 1, 2023, April 1, 2024, April 1, 2025, and will commence on April 1, 2026, gradually increasing his exercisable option holdings.
Is the BOBS Form 3 filing a report of insider buying or selling?
No, the Form 3 serves as an initial statement of beneficial ownership for Stephen Nesle. It lists his existing common stock and option positions and does not report new open-market purchases or sales of Bob’s Discount Furniture shares.
What is Stephen Nesle’s role at Bob’s Discount Furniture (BOBS)?
The filing identifies Stephen Nesle as an officer of Bob’s Discount Furniture, serving as Chief Marketing Officer and Senior Vice President. His position makes him a Section 16 reporting person, requiring public disclosure of his equity holdings and future reportable transactions.