Critical Metals Corp. (CRML) CEO discloses major equity and PSU holdings
Rhea-AI Filing Summary
Critical Metals Corp. Chief Executive Officer Sage Antony William Paul filed an initial Form 3 showing his equity holdings in the company. He reports performance stock units tied to 4,500,000 Ordinary Shares with an exercise price of $12.88 per share, vesting only if specific share price targets are met over set periods.
The performance units vest in three equal tranches if the volume-weighted average price reaches $16.25 through October 31, 2026, $20.31 through October 31, 2027, and $25.39 through October 31, 2028, with any unmet tranche terminating. He also reports 3,500,000 Ordinary Shares held directly, plus additional Ordinary Shares held indirectly through Okewood Pty Ltd, over which he has investment control, and by his children who share his household.
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Insider Trade Summary
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| holding | Performance Stock Units | -- | -- | -- |
| holding | Ordinary Shares | -- | -- | -- |
| 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. Held by Okewood Pty Ltd. The reporting person has investment control over securities held by Okewood Pty Ltd. Held by the reporting person's children who share the reporting person's household. 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.