Churchill Capital XI COO acquires 3.22M options
The merger converted Legacy Agility options into issuer options, with a $2.86 exercise price and a stated vesting schedule.
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Rhea-AI Filing Summary
Churchill Capital Corp XI (CCXI) Chief Operating Officer Jennifer Hunter reported acquiring 3,220,699 stock options on November 4, 2026, in connection with the business combination. The options represent rights to acquire 3,220,699 shares of common stock, have a $2.86 exercise price per share, and expire November 9, 2035. They were received through the automatic conversion of Legacy Agility options under the merger agreement. The stated schedule provides for 25% of the underlying shares to vest on December 2, 2025, followed by 36 substantially equal monthly installments.
Insider Trade Summary
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Grant/Award | Stock Option F1, F2 | 3,220,699 | -- | -- |
Footnotes (2)
- F1. Represents securities received as part of the Issuer's business combination, in connection with the Agreement and Plan of Merger and Reorganization, dated as of June 24, 2026 (as amended, modified, supplemented or waived from time to time, the "Merger Agreement"), by and among the Issuer (formerly known as Churchill Capital Corp XI), BLB Merger Sub, Inc. and Agility Robotics, Inc. ("Legacy Agility"), pursuant to which the common stock of Legacy Agility automatically converted into newly issued shares of Common Stock of the Issuer, pursuant to the terms of the Merger Agreement. In addition, each Legacy Agility stock option was automatically converted into the right to receive stock options of the Issuer, pursuant to the terms of the Merger Agreement.
- F2. The stock option will vest as to 25% of the underlying shares on December 2, 2025 and vests thereafter in 36 substantially equal monthly installments.
Key Figures
Key Terms
Merger Agreement technical
automatically converted technical
substantially equal monthly installments technical
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