FreeCast (CAST) CFO Jonathan Morris reports 125,004 fully vested stock options
Filing Impact
Filing Sentiment
Form Type
3
Rhea-AI Filing Summary
FreeCast, Inc. filed an initial statement of beneficial ownership for Chief Financial Officer and director Jonathan D. Morris. The filing reports stock options giving him the right to buy 125,004 shares of Class A common stock at an exercise price of $4 per share. These incentive stock options became exercisable on July 1, 2021 and expire on June 24, 2031. The footnote clarifies that the options are fully vested, meaning they are currently exercisable subject to their terms.
Positive
- None.
Negative
- None.
Insider Trade Summary
1 transaction reported
Mixed
1 txn
Insider
Morris Jonathan D
Role
Chief Financial Officer
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| holding | Stock Options (Right to Buy) | -- | -- | -- |
Holdings After Transaction:
Stock Options (Right to Buy) — 125,004 shares (Direct)
Footnotes (1)
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FAQ
What does FreeCast (CAST) disclose in Jonathan Morris’s Form 3?
FreeCast reports that CFO and director Jonathan D. Morris beneficially owns stock options for 125,004 Class A common shares at a $4 exercise price. These options are fully vested and provide a long-dated right to acquire shares before expiration in June 2031.
What is the exercise price of Jonathan Morris’s FreeCast (CAST) stock options?
The stock options reported for Jonathan Morris have an exercise price of $4 per share. This means he can acquire each share of Class A common stock at $4, regardless of future market price, as long as the options remain valid and unexpired.
When do Jonathan Morris’s FreeCast (CAST) stock options vest and expire?
The incentive stock options for Jonathan Morris became exercisable on July 1, 2021 and expire on June 24, 2031. They are fully vested, so he currently has the right to exercise them at any time before the expiration date, subject to plan terms.
Is Jonathan Morris a director or officer of FreeCast (CAST) in this filing?
Yes. The filing identifies Jonathan D. Morris as both a director and an officer of FreeCast, serving as Chief Financial Officer. The Form 3 establishes his initial reportable beneficial ownership position in the company’s securities as required for insiders.