Borr Drilling (BORR) SVP details shares, RSUs and stock options
Filing Impact
Filing Sentiment
Form Type
3/A
Rhea-AI Filing Summary
Borr Drilling Ltd senior vice president Jason Philip Crowe has updated his equity holdings, showing a mix of common shares, restricted stock units, and stock options. He directly holds 123,711 common shares, plus several option grants with exercise prices of $6.31 and $6.54 expiring in 2028 and 2029. Footnotes also describe three blocks of 41,237 restricted stock units that each vest in full on September 1, 2026, September 1, 2027, and September 1, 2028, subject to continued employment.
Positive
- None.
Negative
- None.
Insider Trade Summary
7 transactions reported
Mixed
7 txns
Insider
Crowe Jason Philip
Role
SVP - Commercial
| 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 | Common Shares | -- | -- | -- |
Holdings After Transaction:
Employee Stock Option to Purchase Common Shares — 41,667 shares (Direct);
Common Shares — 123,711 shares (Direct)
Footnotes (1)
- Includes (a) 41,237 restricted stock units (RSUs) that vest in full on September 1, 2026, (b) 41,237 RSUs that vest in full on September 1, 2027 and (c) 41,237 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 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 August 15, 2024 - options 1/3 vest every August 15 between 2025 and 2027 with strike price as at date of filing
FAQ
What does the Borr Drilling (BORR) Form 3/A filing show for Jason Philip Crowe?
The Form 3/A shows that SVP Jason Philip Crowe holds 123,711 common shares and multiple employee stock options. It also details restricted stock units that vest between 2026 and 2028, all tied to his continued employment with Borr Drilling Ltd.
What stock option grants are reported for Jason Philip Crowe at Borr Drilling (BORR)?
Crowe holds employee stock options over common shares with exercise prices of $6.31 and $6.54. These options vest in thirds between 2025 and 2027 and have expiration dates in 2028 and 2029, as described in the filing footnotes.
What restricted stock units (RSUs) are disclosed for Jason Philip Crowe in BORR?
The filing notes three RSU grants of 41,237 units each for Jason Philip Crowe. These RSUs vest in full on September 1 of 2026, 2027, and 2028, provided he remains continuously employed, with each RSU convertible into one common share.