CaliberCos interim CFO reports initial holdings
CaliberCos Inc. interim CFO Michael Rosales filed an initial ownership report showing his equity position in the company.
Rhea-AI Filing Summary
CaliberCos Inc. interim CFO Michael Rosales filed an initial ownership report showing his equity position in the company. He directly holds 3,528 shares of Class A common stock, which include 1,447 unvested restricted stock units granted on June 1, 2024 under the company’s 2017 Stock Incentive Plan.
Rosales also holds employee stock options covering 2,230 shares of Class A common stock at an exercise price of $129.80 per share expiring on October 28, 2030, and additional options for 142 shares at $20.00 per share expiring on June 1, 2034. Both the RSUs and options vest 25% on the first anniversary of grant, with the remainder vesting in equal installments over the following 36 months.
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Insider Trade Summary
3 transactions reported
Mixed
3 txns
Insider
ROSALES MICHAEL
Role
Interim CFO
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| holding | Employee Stock Options (right to buy) | -- | -- | -- |
| holding | Employee Stock Options (right to buy) | -- | -- | -- |
| holding | Class A Common Stock | -- | -- | -- |
Holdings After Transaction:
Employee Stock Options (right to buy) — 2,372 contracts (Direct);
Class A Common Stock — 3,528 shares (Direct)
Footnotes (3)
- F1. Includes 1,447 unvested stock units ("RSUs") granted June 1, 2024, pursuant to Issuer's Amended and Restated 2017 Stock Incentive Plan (the "Plan"). The RSUs are common stock equivalents and represent a contingent right to receive Class A common stock of Issuer upon vesting. RSUs vest 25% on the first anniversary of the date of grant and thereafter vest in equal installments over the following 36 months.
- F2. Employee Stock Options (right to buy)("Options") granted pursuant to Issuer's Amended and Restated 2017 Stock Incentive Plan (the "Plan").
- F3. Options vest 25% on the first anniversary of the date of grant and thereafter vest in equal installments over the following 36 months.
Key Figures
Class A shares held: 3,528 shares
Unvested RSUs: 1,447 units
Option grant 1 exercise price: $129.80 per share
+5 more
8 metrics
Class A shares held
3,528 shares
Direct Class A common stock holding reported on Form 3
Unvested RSUs
1,447 units
Restricted stock units granted June 1, 2024
Option grant 1 exercise price
$129.80 per share
Employee stock options expiring October 28, 2030
Option grant 1 underlying shares
2,230 shares
Underlying Class A common stock for options at $129.80
Option grant 2 exercise price
$20.00 per share
Employee stock options expiring June 1, 2034
Option grant 2 underlying shares
142 shares
Underlying Class A common stock for options at $20.00
Equity award vesting pattern
25% then 75% over 36 months
RSUs and options vesting schedule from grant date
RSU grant date
June 1, 2024
Grant date for 1,447 unvested RSUs
Key Terms
Restricted stock units ("RSUs"), Employee Stock Options (right to buy), Amended and Restated 2017 Stock Incentive Plan, Class A Common Stock, +1 more
5 terms
Restricted stock units ("RSUs") financial
"Includes 1,447 unvested stock units ("RSUs") granted June 1, 2024"
Restricted stock units (RSUs) are a company promise to give an employee shares of stock (or cash equivalent) in the future, but only after certain conditions—usually staying with the company for a set time or hitting performance goals—are met. Investors watch RSUs because when they vest they increase the number of shares outstanding and can lead insiders to sell shares, affecting share price, company dilution and the true cost of employee pay.
Employee Stock Options (right to buy) financial
"Employee Stock Options (right to buy)("Options") granted pursuant to Issuer's Amended"
Amended and Restated 2017 Stock Incentive Plan financial
"granted June 1, 2024, pursuant to Issuer's Amended and Restated 2017 Stock Incentive Plan"
Class A Common Stock financial
"Class A common stock of Issuer upon vesting. RSUs are common stock equivalents"
Class A common stock is a category of a company’s shares that carries a specific set of ownership rights—most commonly defined voting power and claims on dividends—set out in the company’s charter. For investors it matters because the class determines how much influence you have over corporate decisions, the share’s likely dividend and trading behavior, and how it compares in value to other share classes, like choosing a particular seat with different privileges at the company’s decision-making table.
vest financial
"RSUs vest 25% on the first anniversary of the date of grant and thereafter vest"
A vest is the process by which an employee earns the right to receive certain benefits or ownership interests, such as stock or retirement funds, over time. It’s similar to earning a reward gradually, ensuring that the benefit becomes fully yours only after a set period or meeting specific conditions. This makes it important for investors because it determines when they can actually claim or use those benefits.
FAQ
AI-generated questions and answers. How Rhea-AI works. Not financial advice.
What did CaliberCos (CWD) interim CFO Michael Rosales report in his Form 3?
Michael Rosales reported his initial ownership in CaliberCos, including 3,528 Class A common shares and multiple equity awards. These holdings consist of unvested RSUs and employee stock options granted under the company’s 2017 Stock Incentive Plan with specified vesting schedules.
What stock options does Michael Rosales hold in CaliberCos (CWD)?
Rosales holds employee stock options linked to 2,230 Class A shares at a $129.80 exercise price expiring October 28, 2030, plus options for 142 shares at $20.00 expiring June 1, 2034. Both option grants follow a multi-year vesting schedule under the 2017 plan.
What are the vesting terms of Michael Rosales’s CaliberCos (CWD) RSUs and options?
His restricted stock units and options vest 25% on the first anniversary of the grant date. The remaining 75% then vest in equal installments over the following 36 months, creating a four-year total vesting period tied to ongoing service.
When were Michael Rosales’s unvested CaliberCos (CWD) RSUs granted?
The 1,447 unvested restricted stock units were granted on June 1, 2024. These RSUs are common stock equivalents that convert into Class A common shares upon vesting, subject to the time-based vesting schedule described in the company’s 2017 Stock Incentive Plan.
AI-generated analysis. How Rhea-AI works. Not financial advice.
