Critical Metals Corp. (CRML) executive details shares and performance unit awards
Rhea-AI Filing Summary
Critical Metals Corp. filed an initial ownership report for Thomas M. McNamara, its Director of Corporate Development & Investor Relations. The filing shows direct holdings of Ordinary Shares and performance-based equity awards rather than new market transactions.
McNamara holds Ordinary Shares in two direct positions totaling 140,000 and 100,500 shares. He also holds performance stock units tied to 180,000 underlying Ordinary Shares at an exercise price of $12.8800 per share. These performance units vest in three equal tranches only if specified volume-weighted average price (VWAP) targets of $16.25, $20.31, and $25.39 are met by October 31, 2026, October 31, 2027, and October 31, 2028, respectively, as approved and certified by the Compensation Committee.
Positive
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Negative
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Insider Trade Summary
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| holding | Performance Stock Units | -- | -- | -- |
| holding | Ordinary Shares | -- | -- | -- |
| 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.
FAQ
What does the Critical Metals Corp. (CRML) Form 3 filing show for Thomas McNamara?
What performance stock units does Thomas McNamara hold in Critical Metals Corp. (CRML)?
What are the vesting conditions for Thomas McNamara’s performance stock units in CRML?
Are there any buy or sell transactions reported for Thomas McNamara in this CRML Form 3?