Barfresh (BRFH) CEO awarded 19,231 stock options at $2.50
Filing Impact
Filing Sentiment
Form Type
4
Rhea-AI Filing Summary
BARFRESH FOOD GROUP INC. director and Chief Executive Officer Riccardo Delle Coste reported a new grant of stock options covering 19,231 shares of common stock at an exercise price of $2.50 per share. According to the footnote, these options vest in equal amounts annually over three years beginning on the first anniversary of the grant date.
Following the reported positions, he indirectly holds 1,642,022 common shares through RD Capital Holdings Pty Ltd, directly holds 119,462 common shares, and indirectly holds 6,782 common shares through the Delle Coste Family Trust. He also holds multiple existing stock option awards, a Series R Warrant over 9,375 common shares at a $3.20 exercise price expiring on March 23, 2030, and a 10% Series A convertible note convertible into 10,345 common shares at $2.90 per share expiring on March 23, 2028.
Positive
- None.
Negative
- None.
Insider Trade Summary
16 transactions reported
Mixed
16 txns
Insider
Delle Coste Riccardo
Role
Chief Executive Officer
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Grant/Award | Stock option | 19,231 | $0.00 | -- |
| holding | 10% Series A convertible note | -- | -- | -- |
| holding | Series R Warrant (Right to buy) | -- | -- | -- |
| holding | Stock option | -- | -- | -- |
| holding | Stock option | -- | -- | -- |
| holding | Stock option | -- | -- | -- |
| holding | Stock option | -- | -- | -- |
| holding | Stock option | -- | -- | -- |
| holding | Stock option | -- | -- | -- |
| holding | Stock option | -- | -- | -- |
| holding | Stock option | -- | -- | -- |
| holding | Stock option | -- | -- | -- |
| holding | Stock option | -- | -- | -- |
| holding | Common Stock | -- | -- | -- |
| holding | Common Stock | -- | -- | -- |
| holding | Common Stock | -- | -- | -- |
Holdings After Transaction:
Stock option — 19,231 shares (Direct, null);
10% Series A convertible note — 10,345 shares (Direct, null);
Series R Warrant (Right to buy) — 9,375 shares (Direct, null);
Common Stock — 6,782 shares (Indirect, Delle Coste Family Trust);
Common Stock — 119,462 shares (Direct, null)
Footnotes (1)
- [object Object]
Key Figures
New option grant: 19,231 shares at $2.50/share
Indirect common shares (RD Capital): 1,642,022 shares
Direct common shares: 119,462 shares
+4 more
7 metrics
New option grant
19,231 shares at $2.50/share
Stock option grant to CEO Riccardo Delle Coste
Indirect common shares (RD Capital)
1,642,022 shares
Common stock indirectly held via RD Capital Holdings Pty Ltd
Direct common shares
119,462 shares
Common stock directly held by Riccardo Delle Coste
Family trust shares
6,782 shares
Common stock indirectly held via Delle Coste Family Trust
Series R Warrant position
9,375 shares at $3.20/share
Warrant for common stock expiring March 23, 2030
10% Series A convertible note
10,345 shares at $2.90/share
Underlying common shares, note expiring March 23, 2028
Legacy stock option example
19,231 shares at $1.33/share
Stock option expiring April 27, 2031
Key Terms
stock option, Series R Warrant (Right to buy), 10% Series A convertible note, indirect ownership, +1 more
5 terms
stock option financial
"The CEO holds multiple existing stock option awards, each over 19,231 shares"
A stock option is a contract that gives you the right to buy or sell a company's stock at a specific price within a certain time frame. People use them to potentially make money if the stock's price moves favorably or to protect against losses. It's like holding a coupon that can be used to buy or sell stock at a set price later on.
Series R Warrant (Right to buy) financial
"He also holds a Series R Warrant over 9,375 common shares at a $3.20 exercise price"
10% Series A convertible note financial
"and a 10% Series A convertible note convertible into 10,345 common shares at $2.90 per share"
indirect ownership financial
"he indirectly holds 1,642,022 common shares through RD Capital Holdings Pty Ltd"
vesting financial
"Options vest in equal amounts annually over three years beginning on the first anniversary of the grant date"
Vesting is the process by which you earn full ownership of something, like company stock or a retirement benefit, over time. It’s like earning the right to keep a gift piece by piece the longer you stay with a company, making sure employees stay committed before they receive all the benefits.
