Critical Metals Corp. (CRML) executive discloses initial shares and performance stock units
Rhea-AI Filing Summary
Critical Metals Corp. executive Wanke Dietrich, President of European Operations, reported initial holdings in connection with becoming an insider. The filing shows direct ownership of 140,000 Ordinary Shares.
Dietrich also holds Performance Stock Units tied to 180,000 underlying Ordinary Shares with an exercise price of $12.8800 per share. These performance units vest only if specific volume-weighted average price (VWAP) hurdles are met, in three equal tranches at $16.25, $20.31, and $25.39 VWAP through October 31, 2026, October 31, 2027, and October 31, 2028, respectively. The footnotes also describe restricted stock units granted on November 1, 2025 that vest in three equal annual installments starting November 1, 2026, each RSU representing one Ordinary Share.
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Insider Trade Summary
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| holding | Performance Stock Units | -- | -- | -- |
| holding | Ordinary Shares | -- | -- | -- |
Footnotes (1)
- Represents ordinary shares of the Issuer, par value $0.001 per share ("Ordinary Shares"), underlying restricted stock units ("RSUs") granted on November 1, 2025 that will vest in three equal annual installments commencing on November 1, 2026, subject to the reporting person's continued service through such date. Each RSU represents a contingent right to receive one Ordinary Share. Each performance stock unit ("PSUs") was granted on October 30, 2025 and represents a right to receive an option for one Ordinary Share. The Ordinary Shares underlying the PSUs vest, if at all, based on the achievement of a certain volume weighted average price per Ordinary Share for any trailing twenty (20) consecutive trading days ("VWAP") beginning on or after November 28, 2025, as determined, approved and certified by the Compensation Committee of the Board of Directors. The PSUs will vest upon satisfaction of the following thresholds: 1/3rd upon the achievement of a $16.25 VWAP through October 31, 2026, 1/3rd upon the achievement of a $20.31 VWAP through October 31, 2027, and 1/3rd upon the achievement of a $25.39 VWAP through October 31, 2028. Any tranche of PSUs that has not vested by the last day of the applicable period shall automatically terminate.