Borr Drilling (NYSE: BORR) COO reports detailed option and share holdings
Filing Impact
Filing Sentiment
Form Type
3/A
Rhea-AI Filing Summary
Borr Drilling Ltd’s Chief Operating Officer Harvey Edward Snowling filed an amended ownership report listing his existing equity position. He directly holds 171,821 common shares and several employee stock option awards over common shares with exercise prices ranging from 1.6600 to 6.5400 and expirations between 2026 and 2029.
The filing also notes restricted stock units, including 57,274 RSUs vesting on September 1, 2026, 57,273 RSUs vesting on September 1, 2027, and 57,274 RSUs vesting on September 1, 2028, each RSU giving the right to receive one common share if he remains employed through vesting.
Positive
- None.
Negative
- None.
Insider Trade Summary
13 transactions reported
Mixed
13 txns
Insider
Snowling Harvey Edward
Role
Chief Operating Officer
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| holding | Employee Stock Option to Purchase Common Shares | -- | -- | -- |
| holding | Employee Stock Option to Purchase Common Shares | -- | -- | -- |
| holding | Employee Stock Option to Purchase Common Shares | -- | -- | -- |
| holding | Employee Stock Option to Purchase Common Shares | -- | -- | -- |
| holding | Employee Stock Option to Purchase Common Shares | -- | -- | -- |
| holding | Employee Stock Option to Purchase Common Shares | -- | -- | -- |
| holding | Employee Stock Option to Purchase Common Shares | -- | -- | -- |
| holding | Employee Stock Option to Purchase Common Shares | -- | -- | -- |
| holding | Employee Stock Option to Purchase Common Shares | -- | -- | -- |
| holding | Employee Stock Option to Purchase Common Shares | -- | -- | -- |
| holding | Employee Stock Option to Purchase Common Shares | -- | -- | -- |
| holding | Employee Stock Option to Purchase Common Shares | -- | -- | -- |
| holding | Common Shares | -- | -- | -- |
Holdings After Transaction:
Employee Stock Option to Purchase Common Shares — 75,000 shares (Direct);
Common Shares — 171,821 shares (Direct)
Footnotes (1)
- Includes (a) 57,274 restricted stock units (RSUs) that vest in full on September 1, 2026, (b) 57,273 RSUs that vest in full on September 1, 2027 and (c) 57,274 RSUs that vest in full on September 1, 2028, each conditional upon continuous employment with the Issuer at the date of vesting. Each RSU represents a contingent right to receive one common share Grant of options on August 15, 2024 - options 1/3 vest every August 15 between 2025 and 2027 with strike price as at date of filing Grant of options on November 17, 2023 - options 1/3 vest every March 1 between 2025 and 2027 with strike price as at date of filing Grant of options on September 1, 2022 - options 1/3 vest every March 1 between 2024 and 2026 with staggered strike price as at date of filing Grant of options on August 12, 2021 - options 1/3 vest every August 1 between 2023 and 2025 with strike price as at date of filing
FAQ
What stock options does BORR COO Harvey Snowling report in this Form 3/A?
Harvey Snowling reports multiple employee stock options over Borr Drilling common shares, with exercise prices from 1.6600 to 6.5400 and expiration dates between 2026 and 2029. Each option series covers specified blocks of underlying common shares at the stated strike price.
What restricted stock units (RSUs) are disclosed for BORR COO Harvey Snowling?
The filing discloses RSUs totaling 171,821 units vesting over three dates: 57,274 RSUs on September 1, 2026, 57,273 RSUs on September 1, 2027, and 57,274 RSUs on September 1, 2028. Each RSU converts into one common share upon vesting, subject to continued employment.
Does BORR’s Form 3/A show any recent buying or selling by Harvey Snowling?
The Form 3/A primarily lists holdings rather than new transactions, with no open-market buys or sells indicated. Entries are coded as holdings, detailing existing options, RSUs, and direct shares, so it functions as an updated ownership snapshot, not a trade report.
How are Harvey Snowling’s BORR stock options structured over time?
The options are grouped into grants with staggered vesting dates and different strike prices. Footnotes describe grants made in 2021, 2022, 2023, and 2024, typically vesting in one-third installments over several years, with each grant expiring on its specified future date.